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Los Angeles names 200 social equity marijuana retail license winners

The city of Los Angeles issued a much-anticipated list of the 200 finalists in the contentious battle for social equity marijuana retail permits. But it’s unclear when any of those businesses may be able to open their doors to customers. The L.A….

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2021 bodes well for California cannabis companies, business opportunities

As we approach the new year, we predict that 2021 will be another favorable year for the cannabis industry.
2021 bodes well for California cannabis companies, business opportunities is a post from: Marijuana Business Daily: Financial, Legal & Canna…

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Cannabis SPAC acquires Caliva and Left Coast Ventures, hires Jay-Z

New York-based Subversive Capital Acquisition Corp., a special-purpose acquisition company, said it has acquired two California cannabis companies and hired rapper and producer Shawn “Jay-Z” Carter in a role to foster social equity in the industry.
Can…

California Medical Cannabis Business & Marijuana Legal News Caliva Cannabis Industry & Marijuana Business Briefs Jay z left coast ventures Marijuana Sales, Funding & Banking News Recreational Marijuana News scac social equity SPAC Subversive Capital Acquisition Corp. United States Cannabis Industry & Marijuana Business News

Cannabis SPAC acquires Caliva and Left Coast Ventures, hires Jay-Z

New York-based Subversive Capital Acquisition Corp., a special-purpose acquisition company, said it has acquired two California cannabis companies and hired rapper and producer Shawn “Jay-Z” Carter in a role to foster social equity in the industry.
Can…

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California judge rules against cannabis billboard ads on interstate highways

Billboards for marijuana companies are commonplace in California, but that advertising option for cannabis businesses is about to shrink based on a district court judge’s ruling. According to TV station KSBY, San Luis Obispo Superior Court Judge …

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Appellation program, cooperatives might give small California cannabis farmers a boost

Small marijuana farmers in California who’ve struggled in recent years – either to launch their own brands, expand their businesses or survive the transition to the new legal market – might have a brighter future, thanks in part to various programs and…

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Longtime California cannabis czar Lori Ajax is stepping down

After nearly five years of overseeing the rollout of California’s statewide marijuana regulatory system, Lori Ajax is retiring. Alex Traverso, spokesman for the California Bureau of Cannabis Control, confirmed Ajax’s resignation on Friday t…

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Industry reacts to California cannabis delivery lawsuit outcome: ‘It’s not a win’

As news spread of an important ruling in a lawsuit over California’s statewide cannabis delivery policy, industry executives’ initial impression of a victory gave way to the reality that more legal battles are likely.
Industry reacts to California cann…