MedMen Expands Footprint In Northern California With Acquisition Of San Jose Dispensary

medmen

CALIFORNIA: MedMen Enterprises announced that it has signed a definitive agreement to acquire Viktorya’s Medical Supplies LLC d/b/a Buddy’s Cannabis; a micro-business license entitling the Company to retail, distribute, cultivate and manufacture cannabis onsite in San Jose, California. This will be MedMen’s second retail store in Northern California. “MedMen continues to expand its market share in California, Read the full article…

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 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

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…

Mentor Capital Adds Three Cannabis Investments in Two Months

G Farma, Solis Tek, and GB Sciences Increase Mentor’s Marijuana Holdings

CALIFORNIA: Mentor Capital announced that its investment in G FarmaLabs Limited has increased to $2,700,000 following yesterday’s seventh investment tranche delivered to G Farma of $250,000 from Mentor for additional leased equipment and working capital. In addition to receiving consulting fees, repayment, interest, and lease payments, Mentor has captured a $1 option for a 3.75% equity Read the full article…

Cannabis Refinery Leasing And High End Multi Processing Announce Multi-Year, $21M Industrial Hemp Processing Agreement In Upstate New York

hemp

CALIFORNIA: Cannabis Refinery Leasing and High End Multi Processing (H.E.M.P.) today announced an up to $21M, multi-year agreement to build New York State’s largest industrial hemp refinery. Cannabis Refinery Leasing, Inc. (CRL), in partnership with Applied Extracts, Inc., will supply its proprietary refinery scale supercritical CO2 extraction and fractional distillation technology to H.E.M.P., a newly licensed industrial Read the full article…