Multistate cannabis operator 4Front Ventures said it has completed the sale of three medical marijuana dispensaries in Maryland for $5.5 million, as the Arizona-based company shifts its focus to adult-use markets such as in Illinois. Philadelphia-based…
Author: Terry Hacienda
High Times may have lost two California marijuana leases from Harvest deal
Los Angeles-based High Times Holding apparently lost the leases on both San Francisco marijuana properties that were a key part of a much-vaunted $80 million retail acquisition from Arizona multistate operator Harvest Health & Recreation. The deal …
Illinois marijuana retail hopefuls drop suit after getting second chance
A group of unsuccessful cannabis retail store license applicants in Illinois withdrew their legal challenge against the state after the governor announced an application do-over. “This is what we were trying to achieve,” Jonathan Loevy, a Chicago lawye…