As the COVID-19 pandemic disrupted work, school and life schedules, it also caused marijuana buyers to change when they shopped, shifting from the evening hours to the daytime. A year later that pattern is returning to normal, with more shoppers visiti…
California Medical Cannabis Business & Marijuana Legal News
SPAC to acquire four marijuana operations in $210 million deal
New York-based Greenrose Acquisition Corp., a special purpose acquisition company, entered into definitive agreements to acquire four marijuana businesses in a deal initially valued at $210 million. The companies to be acquired are Futureworks (doing b…
How ‘essential’ transformed the US marijuana industry amid the COVID-19 pandemic
During the tumultuous weeks and months of the past year, a nine-letter word emerged as a game changer for the nation’s legal marijuana industry: “essential.” It began about a week after the World Health Organization on March 11 declar…
Outages involving California’s traceability system ‘causing a lot of heartburn’ for cannabis companies
Problems with the state-contracted traceability system in California is causing cannabis companies to spend thousands of dollars in extra time and money to remain in compliance.
Outages involving California’s traceability system ‘causing a …
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…
Women’s History Month: Q&A with marijuana industry pioneer Greta Carter
“Everything I dreamt and hoped to have accomplished in this industry has come to fruition. I am truly living the dream.” That’s how marijuana-industry pioneer Greta Carter began a conversation with Marijuana Business Daily for an inte…
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…
Marijuana marketing tips in the age of federal prohibition and COVID-19
Federal prohibition continues to shudder on-ramps for marijuana companies to use traditional means to reach consumers and strengthen brand identity.
Marijuana marketing tips in the age of federal prohibition and COVID-19 is a post from: Marijuana Busi…