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…

The State Of The Legal Marijuana Market

The report projects sales in 2014 to grow to $2.34 billion, an increase of 64%.

CALIFORNIA: The state of legal marijuana markets is strong for many, yet daunting for others. The watershed implementation of full retail marijuana legalization for adults in Colorado and Washington State, coupled with the adoption of medical marijuana regulations by new states, are fueling industry growth. Yet, even as the broadening definition of legal marijuana expands the addressable market, enforcement actions that target Read the full article…