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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…

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California medical cannabis dispensary owes $4.2 million, US Tax Court rules

A subsidiary of California-based cannabis retailer Harborside must pay nearly $4.2 million in back taxes and penalties after losing a case in U.S. Tax Court. The Tax Court determined in a decision issued Wednesday that San Jose Wellness, the Harborside…

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A marijuana pioneer changes course: Q&A with Harborside co-founder Steve DeAngelo

Steve DeAngelo is one of the marijuana industry’s most high-profile pioneers. But earlier this month, DeAngelo and the Oakland, California-based company he co-founded in 2006, Harborside, formally parted ways. Moreover, the role of chair emeritus…

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California marijuana firm Harborside, co-founder Steve DeAngelo cut ties

One of the most high-profile marijuana businessmen in the industry, Harborside co-founder Steve DeAngelo, is no longer formally affiliated with the Oakland, California, company he helped start in 2006. Neither Harborside nor DeAngelo gave any specific …

california marijuana California Medical Cannabis Business & Marijuana Legal News Cannabis Industry & Marijuana Business Briefs harborside Marijuana Dispensary & Cannabis Store News Marijuana Stocks & Publicly Traded Cannabis Companies Recreational Marijuana News social equity United States Cannabis Industry & Marijuana Business News

Harborside acquires San Francisco social equity marijuana retailer

Oakland, California-based Harborside said it acquired a majority stake in FGW Haight, a company that in June was awarded a conditional-use permit for a retail marijuana shop in San Francisco. Under the terms of the deal, Harborside will receive 50.1% e…

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43 West Coast cannabis dispensaries report looting in weekend rioting

Cannabis dispensaries were targeted in the weekend’s looting because they carry cash and an easily sellable product. Professional burglars also exploited slow police response times.
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