MedMen Doubles Market Reach With Acquisition Of PharmaCann

PharmaCann

CALIFORNIA: MedMen Enterprises Inc. and Chicago-based PharmaCann have signed a binding letter of intent for MedMen to acquire PharmaCann in an all-stock transaction valued at $682 million. The resulting pro-forma company (including pending acquisitions by MedMen) will have a portfolio of cannabis licenses in 12 states that will permit the combined company to operate 79 cannabis Read the full article…

MedMen Acquires First Dispensary In San Francisco Bay Area

MedMen Expands Footprint in its Home State into Northern California

CALIFORNIA: MedMen Enterprises announced that it has signed a definitive agreement to acquire a licensed dispensary from Berkeley Patients Group in Emeryville, California. As a result of the transaction, MedMen will have one of only two adult-use licenses issued in the City of Emeryville, just outside San Francisco. The dispensary is located in a young professional hub Read the full article…

MedMen Increases Term Loan Facility to C$100 Million

medmen

CALIFORNIA: MedMen Enterprises announced today that it has closed an additional tranche of its previously announced senior secured term loan with funds managed by Hankey Capital and an affiliate of Stable Road Capital. Pursuant to the terms of the Facility, the principal amount of the loan has been increased by C$5,661,920 to C$99,952,190. The principal amount under Read the full article…

MedMen Acquires Illinois Dispensary Seven Point; Continues US Expansion

Seven Point Oak Park, IL

CALIFORNIA:  MedMen Enterprises announced that it has signed a definitive agreement to acquire Seven Point, a licensed medical cannabis dispensary located in the historic Chicago suburb of Oak Park, Illinois. Illinois is one of the fastest growing medical marijuana markets in the country. Since the beginning of the year the number of qualifying patients increased 41 percent Read the full article…

Cannabis Educational and Awareness Campaign, “Hmm Did You Know” Debuts On Cable TV

SenatorNelsonPSAPic

 30-Second Spots Aired On BRAVO, Discovery and The History Channel, Dispelling the Stigma of Cannabis CALIFORNIA: For the first time in history, cannabis education commercials hit mainstream television this week. A groundbreaking media blitz campaign for the upcoming cannabis online TV network Hmm Did You Know (HDYK) aired a number of :30 commercial spots during Read the full article…

MedMen Acquires Monarch Wellness; Expands Reach Into Arizona Medical Marijuana Market

MedMen Acquires Monarch Wellness

CALIFORNIA: MedMen Enterprises  announced that it has signed a definitive agreement with WhiteStar Solutions to acquire control of Monarch, a Scottsdale, Arizona-based licensed medical cannabis license holder with dispensary, cultivation and processing operations through the acquisition of Omaha Management Services, LLC. In addition, MedMen will acquire from WhiteStar their exclusive co-manufacturing and licensing agreements with Kiva, Mirth Read the full article…

LAX Relaxes Pot Policy

MJLegal is published by the MJBA.

CALIFORNIA: High flyers delight. No need to hide your stash on your next West Coast flight.  The fine folks at LAX have relaxed their pot policy, and now say it is now OK to fly with up to one full ounce of your favorite strain, or up to 8 grams of concentrate. Here’s what’s written on the Read the full article…

NutraRisk Expands Cannabis Program For Recreational And Medicinal Operations

insurance man

CALIFORNIA: NutraRisk, a division of Worldwide Facilities, announces that it is expanding its offering to include an exclusive cannabis program, providing General and Product Liability for medicinal and recreational operations. NutraRisk can also place risks, in the eight states where recreational cannabis is legal, in another new and expanded Recreational Cannabis Program. In addition to Read the full article…

European-American Cannabis Business Conference Is Oct 5&6 In LA

the B2B conference was a logical result of their efforts to connect cannabis businessmen from different corners of the Earth.

CALIFORNIA: EuroAm CBC is a set of trade-oriented conferences focusing on closer cooperation and trade Exchange between Europe and America. Based upon the success of Cannafest Prague, the largest cannabis trade show in the world, organizers have decided to export the first American edition of the show, taking place in Los Angeles, October 5–6, 2018. The pilot edition Read the full article…

420MEDIA Trailblazers In Cannabis: Meet Cannabis Nurse Heather Manus

nurse heather on stage

Digital marketing agency 420MEDIA and the Marijuana Business Association (MJBA) have joined forces to create a series highlighting entrepreneurs trailblazing the cannabis scene. We’ll ask each of these industry pioneers the same 5 questions.  This week, we meet Nurse Heather Manus, RN, the founder of the Cannabis Nurses Network.  1. Tell us about your Company Established in Read the full article…