Illinois-based PharmaCann has taken Virginia to court over a medical cannabis business license that the company claims is rightfully theirs, even though state officials have solicited new bids for the permit. PharmaCann’s suit requests that the a…
medmen
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…
Wall Street Disruptors Fuel Cannabis Investor Flameout
Wall Street Disruptors Fuel Cannabis Investor Flameout
It seems like the cannabis industry just has not found its mojo.
The post Wall Street Disruptors Fuel Cannabis Investor Flameout appeared first on The Fresh Toast.
Nearly $1 million settlement proposed in MedMen marijuana class action suit
A 2½-year-old class action lawsuit brought by former employees of multistate marijuana operator MedMen has almost concluded, with the lead plaintiffs asking a California judge to approve a proposed $975,000 settlement. A hearing is scheduled for March …
Judge reaffirms that marijuana firm MedMen must pay ex-CFO’s legal fees
A California judge again ordered marijuana multistate operator MedMen to pay the company’s former chief financial officer at least $500,000 to cover his legal fees in an ongoing lawsuit over whether the executive was wrongly terminated. According…
Copperstate Farms expands its marijuana operations in Arizona
Copperstate Farms Management is expanding its footprint in Arizona through an agreement to acquire control of two licensed medical marijuana dispensaries in North Scottsdale and Tempe. The dispensaries, Level Up, were formerly the property of Los Angel…
MedMen sues Pasadena, California, over rejected retail cannabis application
California-based MedMen filed suit against the city of Pasadena, claiming that its application for a cannabis retail location was improperly disqualified. According to the Pasadena Star-News, MedMen called the city’s decision “arbitrary, ca…
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.
The post 43 West Coast cannabis dispensaries report looting in weekend…