Latest In: California

california marijuana The Parent Co. TPCO Holding
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The Parent Co. spends $67 million to boost cannabis supplies, retail access

The Parent Co. (TCPO Holding Corp.) said it is spending a total of $67 million to bolster its…

News May 18
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Marijuana research

DEA close to allowing companies to grow cannabis for scientific research

After years of delay under the Trump administration, the federal government is preparing to award the first new…

News May 18
Boston adult-use cannabis store capital raise MedMen Enterprises recreational marijuana San Francisco
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MedMen raises $10M for new cannabis stores in Boston, San Francisco

Multistate marijuana company MedMen Enterprises has closed a non-brokered private placement worth $10 million that will be used…

News May 18
California Cannabis Equity Alliance California marijuana social equity Social Equity Owners and Workers Association
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CA marijuana social equity advocates demand help, threaten to sue state

A coalition of stakeholders from across California joined forces to deliver a message to Gov. Gavin Newsom and…

News May 18
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California Gov. Gavin Newsom

California governor gets lukewarm marijuana industry support amid recall

California Gov. Gavin Newsom might need all the political ammunition he can muster later this year when he…

News May 18
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California marijuana company buys fourth retail store for $16 million

Grupo Flor, a vertically integrated marijuana company based in Salinas, California, spent $16 million to acquire the White…

News May 14
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California marijuana funding

California governor proposes $100 million grant to ease marijuana licensing logjam

California Gov. Gavin Newsom announced Friday his new state budget proposal - called the California Comeback Plan -…

News May 14
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Marijuana MSO Holistic Industries raises $55 million for expansion

Holistic Industries, a vertically integrated multistate marijuana company operating in six U.S. markets, secured a $55 million convertible…

News May 11
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A map showing the economic impact of the marijuana industry on U.S. states.

Marijuana industry expected to add $92 billion to US economy in 2021

From jobs to tax revenue to commercial real estate, the marijuana industry has a large – and growing…

News May 11
Bruno Suarez-Soto california David Romero Public corruption
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Two California officials sentenced to two years in marijuana corruption case

Two former California city officials were each sentenced to two years in prison for accepting $35,000 in cash…

News May 10
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