Nearly $1 million settlement proposed in MedMen marijuana class action suit
A 2½-year-old class action lawsuit brought by former employees of multistate marijuana operator MedMen has almost concluded, with…
News February 9
Latest In: California
Marijuana concentrate sales up 40% as more consumers turn to the product category
Cannabis concentrates are gaining a larger share of the overall market and increasing in price as consumers become…
News February 8
California cannabis workers eligible for immediate COVID-19 vaccinations
The California Department of Public Health on Thursday issued an updated COVID-19 vaccination policy clarifying that cannabis industry…
News February 5
Power REIT acquires Canndescent cannabis greenhouse for $7.7 million
New York-based Power REIT on Thursday announced the acquisition of a 37,000-square-foot Southern California greenhouse used for cultivation…
News February 4
L.A. social equity marijuana retailers allowed to apply for state licenses
Roughly two dozen of 200 upcoming social equity marijuana retailers in Los Angeles got the greenlight from city…
News February 3
California cannabis agency creates uproar by revoking 300-plus business permits, then reinstates most
California’s top cannabis regulatory agency sent shockwaves through the state’s marijuana industry on Monday and Tuesday after it…
News February 2
Tobacco giant sues California cannabis firm, alleging trademark violation
The owners of the Kool menthol cigarette brand filed a lawsuit that claims a California cannabis business has…
News February 2
Cannabis basket-size data highlights differing consumer spending patterns across state markets
While U.S. cannabis markets might appear similar on the surface, each is driven by different consumer spending habits…
News February 2
Real estate brokers not liable over illegal L.A. marijuana shop, judge rules
A Los Angeles commercial real estate firm and two of its licensed brokers won’t be held accountable for…
News February 1
Marijuana vape market share down as manufacturers work to rebuild consumer confidence
The cannabis vapor pen market sector has lost market share and not grown as fast as the rest…
News February 1
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