Harborside Strikes Back, Wins Big In Tax Court

money and the law

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…

MedMen Signs Definitive Agreement For The Acquisition Of PharmaCann

medmen

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…

FSD Pharma Announces Strategic Investment In Toronto’s Huge Shops

toronto

FSD Pharma Announces Strategic Investment in Huge Shops CANADA: FSD Pharma has completed a strategic investment of $1.3 million or just under 9.9% in Huge Shops, a Toronto-based cannabis retailer. Huge Shops has a strategic alliance with Chairman’s Brands, parent company of Coffee Time, a well-established operator of retail coffee shops with more than 75 locations in Read the full article…

BEYOND / HELLO Wins 9 New Dispensary Permits For Phase II Of Pennsylvania Medical Marijuana Program

BEYOND / HELLO

First State-Approved Center City Philadelphia Medical Marijuana Dispensary To Open In January 2019 PENNSYLVANIA:BEYOND / HELLO, a leading cannabis dispensary company focused on bringing the best personalized treatments and products to customers, has been issued nine new permits in the Phase II of the Pennsylvania Medical Marijuana Program, bringing its state-total to 12 dispensary permits. New state permits Read the full article…

Have A Heart Makes Its Debut In Iowa With Two New Medical Cannabis Dispensaries

Have A Heart Expands To Iowa

Cannabis retailer arrives in the quad city with grand openings in Council Bluffs and Davenport IOWA: This weekend, Have a Heart celebrates the grand openings of its first stores in Iowa. The company will bring its deep expertise in the medical cannabis industry to the Council Bluffs and Davenport communities. “We started as a medical dispensary many Read the full article…

Man On Weed: Phish And NuLeaf In Las Vegas

NuLeaf Las Vegas

By Larry Reed, Man on Weed My journey led me to the MGM Grand for the Phish Halloween run.  Since ‘94 it’s always been on my radar to attend this annual event.  That the band was playing in the legal cannabis state of Nevada, gave even more cause for celebration. Marijuana unlocks the magic of Read the full article…

MedMen Expands Its Presence in Arizona

Level Up Scottsdale

Acquisition of Vertically-Integrated Operator Adds to MedMen’s Growing Footprint in One of the Top Medical Marijuana Markets in the U.S. CALIFORNIA: MedMen Enterprises has announced that it has signed a definitive agreement to acquire control of Kannaboost Technology Inc. and CSI Solutions LLC, collectively referred to as “Level Up,” in a cash and stock transaction valued at $33,000,000. Read the full article…

MedMen Begins Trading On OTCQX Best Market

OTCQX LOGO

CALIFORNIA: MedMen Enterprises announced that it has qualified to trade on the OTCQX Best Market by OTC Markets Group under the ticker symbol MMNFF effective today. The OTCQX market is reserved for established U.S. and global companies that meet high financial standards, provide timely news and disclosure to investors, and have a professional third-party sponsor introduction. “MedMen’s Read the full article…

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 Real Estate Assets Seed New Investment Vehicle

“Many cannabis operators own prime parcels in highly sought after communities, offering a variety of opportunities for return on investment and future development.”

CALIFORNIA: MedMen Enterprises announced that it has reached agreement to sell a significant portion of its real estate assets to the newly formed Treehouse Real Estate Investment Trust (“Treehouse”). Treehouse is a real estate investment vehicle that capitalizes on the cannabis industry’s continued growth; initial investors include real estate firms New England Development, Samuels & Associates and Read the full article…