Illinois social equity program flawed, advocates say, but it’s best in cannabis industry so far
Illinois' social equity provisions for cannabis companies are considered among the most forward-thinking in the country, yet some…
News July 10
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CA marijuana exec sues MedMen affiliate Captor Capital for fraud, more
A longtime Southern California marijuana entrepreneur and executive filed suit against Toronto-based Captor Capital - a former financial…
News July 9
Biden task force takes states-rights approach to cannabis legalization
A joint Joe Biden-Bernie Sanders task force has recommended rescheduling marijuana on a federal basis, legalizing medical marijuana…
News July 9
Marijuana tissue-culture technology company raises more than $15 million
Conception Nurseries, a Sacramento, California-based cannabis genetics firm, raised $15 million with the addition of approximately $12 million…
News July 9
Oklahoma medical cannabis regulators won’t rush to enforce new rules
Oklahoma medical marijuana regulators won’t immediately enforce a stricter two-year residency requirement and a 1,000-foot school buffer zone…
News July 9
As Pennsylvania’s medical cannabis sales soar, recreational market prospects brighten
Pennsylvania’s medical cannabis market, praised for its smooth operation, is expected to nearly double to $400 million-$500 million…
News July 9
L.A.’s 100 extra retail marijuana permits a result of settlement, plaintiff says
The Los Angeles City Council’s decision to double the number of social equity retail marijuana licenses was the…
News July 8
Handful of cannabis-related firms received coronavirus stimulus money
Roughly a half-dozen companies with ties to the cannabis industry received $3.5 million to $8.7 million from the…
News July 8
California enacts tax warrants in fight against illicit marijuana businesses
In California’s ongoing battle against the illicit cannabis market, the state’s central tax collection agency served a dozen…
News July 8
More hurdles for marijuana MSO MedMen in Arizona, California – and in court
Bad news continues to pile up for California-based MedMen Enterprises. After the multistate operator’s founders stepped down from…
News July 8
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