Acquisition Represents IIP’s Second Investment in California, Expanding Footprint to 18 Properties in 11 States CALIFORNIA: Innovative Industrial Properties, Inc., the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it closed on the acquisition of a five-property portfolio in southern Read the full article…
Digital marketing agency 420MEDIA and the Marijuana Business Association (MJBA) have joined forces to create a series highlighting entrepreneurs trailblazing the cannabis scene. Each week, we profile a noteworthy business pioneer, and ask each 5 questions. This week’s featured trailblazer is Joshua Caruso, co-organizer of The AmeriCanna Dream Festival. Tell us about your Company We are a group of Read the full article…
CALIFORNIA: The Cannabis Nurses Network announced the success of its fourth Cannabis Nurses Network Conference, the only ongoing professional development and education conference in the country designed exclusively for Registered Nurses and wellness professionals to advance their understanding of cannabis medicine, the endocannabinoid system and practical applications in day-to-day patient care and practice. The National Council Read the full article…
CALIFORNIA: MedMen Enterprises announced that it has completed the sale of two properties to Treehouse Real Estate Investment Trust, Inc. with gross proceeds of approximately $33.5 million and net proceeds of approximately $30.6 million after repayment of debt. “This is our second transaction with Treehouse and we’ve now freed up nearly $49 million to invest directly Read the full article…
Doug Francis steps aside as CEO to serve as Chairman;President Chris Beals to Assume Role as CEO CALIFORNIA: Weedmaps today announced that the Company’s Board of Directors has appointed Chris Beals as Chief Executive Officer, effective March 6, 2019. In addition to assuming day-to-day leadership of Weedmaps, Beals will serve as a member of the Company’s Read the full article…
Community Leaders Claim Rushed Move Undermines Original Criminal Justice & Community Reinvestment Intent of LA’s Cannabis Licensing Policy CALIFORNIA: A broad cross section of community leaders spoke in front of the Los Angeles City Council Chambers on Tuesday, March 5, 2019, strongly condemning efforts to rush Phase 3 of the cannabis licensing process in the City as one Read the full article…
CALIFORNIA: Adherence Compliance, a leading RegTech SaaS provider to the cannabis industry, announced the completed implementation of Alameda County’s Cannabis Code Enforcement Program. The program utilizes Adherence’s regulatory code libraries, industry operations training and automated inspection software to monitor and report on code enforcement for cannabis licensees within its jurisdiction. “The Alameda County Community Development Agency has implemented Read the full article…
CALIFORNIA: The Bureau of Cannabis Control and the Department of Consumer Affairs’ Division of Investigation-Cannabis Enforcement Unit announced enforcement actions against two unlicensed cannabis businesses operating out of multiple locations in Sacramento, Davis and Los Angeles. On Wednesday, February 27, 2019, DOI-CEU and the Davis Police Department served search warrants on “Mary Jane Finder,” an Read the full article…
Digital marketing agency 420MEDIA and the Marijuana Business Association (MJBA) have joined forces to create this series highlighting entrepreneurs trailblazing the cannabis scene. Each week, we’ll profile a noteworthy business pioneer, and ask each 5 questions. This week’s featured trailblazer is Kevin Jodrey, the creator of Port Royal, owner of Wonderland Nursery, and co-founder of The Ganjier. He’s been a Read the full article…
CALIFORNIA: The California Department of Tax and Fee Administration (CDTFA) reported revenue numbers today for cannabis sales for the 4th quarter of 2018. Tax revenue reported by the cannabis industry totaled $103.3 million for 4th quarter returns due by January 31, 2019, which includes state cultivation, excise, and sales taxes. It does not include tax Read the full article…