Cannabis Industry’s Largest Private Round to Date Helps Drive Adoption of Sustainable Agricultural Model Structured Around Decentralized Small Farms CALIFORNIA: Flow Kana, the leading sustainable supply chain company and distributor of sungrown cannabis products and services, today announced the completion of a $125 million round of financing – the nation’s largest private funding round for Read the full article…
CALIFORNIA: The Bureau of Cannabis Control and the Department of Consumer Affairs’ Division of Investigation-Cannabis Enforcement Unit (DOI-CEU) today announced enforcement action on two unlicensed cannabis businesses operating in Sacramento County and Los Angeles. On Thursday, January 31, 2019, DOI-CEU served a search warrant on “Nollie Green-Blu Solutions,” an unlicensed cannabis delivery service located at Read the full article…
Educational Session and Panel on Opioid Crisis will also include Professional Athlete, Boo Williams, Noted Cannabis Author Uwe Blesching, PhD and Hospice Nurse Marcie Cooper RN, MSN, AHN-BC. CALIFORNIA: Noted medical cannabis writer and author, Uwe Blesching, will address the timely topic of opioid addiction in an educational session titled “Breaking the Cycle of Opioid Read the full article…
CALIFORNIA: State regulators gave final approval last week to regulations governing the commercial sale of cannabis, including rulespermitting its home delivery. Under the plan, licensed businesses will be able to home deliver cannabis to adults — including those who reside in localities that have otherwise prohibited retail cannabis sales. An estimated 390 of the states 482 cities do not currently authorize Read the full article…
CALIFORNIA: The lawsuit, filed in Los Angeles County Superior Court, alleges that Defendants PayQwick and its executive team, consisting of CEO Keith Marks, President Kenneth Berke and CFO Albert Acevedo, defrauded Plaintiff FGPQ LLC. Per the Complaint, PayQwick provides financial services to cash-based cannabis related businesses. PayQwick, through Keith Marks and Kenneth Berke, sought investment into Read the full article…
Data Report Shows An Upward Trend Among Females, Baby Boomers and CBD for Wellness CALIFORNIA: Eaze, a cannabis marketplace, has released its fourth annual Eaze Insights: 2018 State of Cannabis data report, a comprehensive overview of consumer trends driving the cannabis industry year over year. The report draws insights from the consumer behavior of more than 450,000 Read the full article…
CALIFORNIA: Weekend Unlimited LIVE hosted a star-studded party on January 9th in New York City. The event took place at NYC’s Pomona’s Savage Lounge featuring a DJ set by Snoop Dogg. The gala was a production of Weekend Unlimited USA through its event division, Weekend Unlimited LIVE, in celebration of Governor Andrew M. Cuomo’s recent announcement that he would push to legalize recreational Read the full article…
CALIFORNIA: The California Department of Tax and Fee Administration (CDTFA) recently adopted emergency Regulation 3702, California Cannabis Track-and-Trace, which requires distributors and retailers to enter the wholesale cost and the retail selling price of cannabis or cannabis products into the California Cannabis Track-and-Trace (CCTT) system. The emergency Regulation 3702 is now in effect. The Medicinal and Read the full article…
U.S. Tax Court Declines to Issue Penalties in Harborside 280E Case, Saving Industry Tens of Millions CALIFORNIA: In a historic landmark decision that will save Harborside and the legal cannabis industry millions of dollars, the U.S. Tax Court has ruled that the California dispensary is not liable for accuracy-related 280E penalties. 280E is a tax code provision Read the full article…
CALIFORNIA: MedMen Enterprises and Chicago-based PharmaCann announce that they have entered into a definitive business combination agreement pursuant to which MedMen and PharmaCann will combine their respective businesses. Under the Business Combination Agreement, a newly formed holding company (“New MedMen”) will acquire (a) all of the securities of PharmaCann in exchange for subordinate voting shares of New Read the full article…