The California cannabis industry is rejoicing over Gov. Gavin Newsom’s choice of Assemblyman Rob Bonta as state attorney general. “Bonta has tackled some of the major cannabis issues in the state, advocating for workers, patients and cannab…
california marijuana
California’s provisional marijuana licensing crisis resurfaces, possibly disrupting thousands of MJ companies
For the third time in less than four years, California lawmakers are revisiting the state’s marijuana licensing program, ostensibly to give businesses and regulators more time to get permits processed while allowing the industry to keep functioni…
California awards $15 million more in cannabis social equity grants
California is handing out $15 million in grant money to 10 cities and counties that have adopted social equity programs to help get minorities and those harmed by the war on drugs involved in the legal marijuana market. The new allotment, awarded by Go…
Harborside enters $5 million ‘strategic investment’ with CA marijuana firm
Harborside said Monday that it has thrown $5 million in investment capital behind Loudpack, another well-known California marijuana business. According to a news release, Oakland-based Harborside provided the funding for the “strategic investment…
California judge rules shuttered marijuana testing lab can reopen
A California Superior Court judge ruled that a marijuana testing lab can reopen immediately after having to close in January because regulators revoked its license. Judge Frank Roesch wrote in his ruling late Thursday that the state Bureau of Cannabis …
Most CA marijuana businesses have no right to due process, court filing asserts
California’s attorney general argued in a recent court filing that none of the state’s cannabis businesses operating on provisional licenses are entitled to due process under state law. The due-process situation arose when Hayward-based Har…
Terra Tech acquires marijuana competitor Unrivaled in all-stock deal
California-based Terra Tech Corp. said Wednesday it finalized a deal to acquire another West Coast marijuana multistate operator, Umbrla, which does business as Unrivaled and includes multiple MJ brands in its portfolio. Terms of the deal were not disc…
MedMen co-founders Bierman, Modlin return to cannabis industry with different California company
They’re back! Less than a year after being ousted from leadership posts at California-based MedMen Enterprises, former CEO Adam Bierman and ex-President Andrew Modlin have found a route back into the legal marijuana industry – working for a…
California marijuana testing lab sues state over revoked license
A San Francisco Bay Area marijuana testing lab whose business license was revoked earlier this month filed suit against California regulators, claiming its right to due process was violated because there’s no appeals process. According to the law…
Indus acquires fellow California cannabis firm Lowell Herb Co. for $39 million
Indus Holdings said it has acquired another well-known California marijuana brand, Lowell Herb Co., in a cash-and-stock deal worth $39 million. The terms of the acquisition include $4.1 million in cash along with 22.6 million shares of Indus, which tra…