California cannabis company with 16 dispensaries, $100M in revenue fails

By

March 28, 2025

The company is the latest California pot company to fail. The company is the latest California pot company to fail. Read More

Author:

By

Daily News Hits

Hemp Products Industry Gets Scrutiny from Georgia Lawmakers

March 31, 2025

Daily News Hits

Cannabis farming’s energy use now rivals major industries like cryptocurrency

March 31, 2025

Daily News Hits

HYTN Secures Strategic Supply Agreements and Qualifies 4000kg of Cannabis for German Market

March 31, 2025

You must be logged in to post a comment.

'Get Dan Patrick out of my medical care': What Texans think about banning THC
by Lisa Gray on March 31, 2025
“I will never sleep again without my nightly CBD and CBN tincture.”
The High School Dropout Hoping to Build a Legal Weed Empire in New York
by Ashley Southall on March 29, 2025
Michael Flynn believes selling cannabis is his destiny. Do his ambitious expansion efforts violate state law?
‘It’s always been a dream’: Sonoma County’s first cannabis lounge opens
by HEATHER IRWIN on March 28, 2025
‘It’s always been a dream’: Sonoma County’s first cannabis lounge opens
Minnesota could license hundreds of marijuana retailers, cultivators in coming months
by Matt DeLong on March 27, 2025
The state Office of Cannabis Management has received more than 3,500 cannabis business license applications as it sends regulations to a judge for final approval.
Louisville medical marijuana dispensary plans to open on Bardstown Road this fall
by Alexandra Goldberg on March 26, 2025
THC-infused product sales under Arizona AG scrutiny
by Kevin Stone on March 26, 2025
Arizona Attorney General Kris Mayes aims to crack down on business that sell THC-infused products without a proper license.
DC marijuana market set for shake-up as 'gifting' shops transition
by Margaret Jackson on March 26, 2025
Medical marijuana dispensaries are multiplying rapidly in Washington, D.C., as regulators convert “gifting” shops to legal sales.
Ohio CBD store owners oppose bill that would move hemp products to marijuana dispensaries
by Megan Henry on March 26, 2025
CBD store owners testified against an Ohio bill that would regulate intoxicating hemp and drinkable cannabinoid products — legislation that could put them out of business.
D2 Opens New Marijuana Dispensary In Arizona
by Dan Kingston on March 26, 2025
Arizona marijuana information and news. Find AZ marijuana dispensaries, doctors, laws, events, news, and more.
Wells voters to decide fate of recreational marijuana sales: 'Let people have a voice'
by Shawn P. Sullivan on March 25, 2025
In letting voters decide whether to allow recreational marijuana, the Wells Select Board is breaking with a town Planning Board recommendation.
Tomlinson: With Texas THC ban unlikely to pass, Dan Patrick promises harassment.
by Chris Tomlinson on March 25, 2025
Lt. Gov. Dan Patrick's attempts to outlaw THC and bully shops that sell it are doomed...
Plummeting pot prices have Mass. cannabis businesses on edge
by @wbur on March 25, 2025
The state's Cannabis Control Commission just touted a record-breaking $1.6 billion of marijuana sales across Massachusetts in 2024, evidence, it says, of a "robust and thriving market." But the price of weed is falling, squeezing small business owners.
Central Texas dispensary owners prepare for proposed THC ban
by Sydni Walker on March 24, 2025
Overnight break-ins at two local weed dispensaries spark investigation
by Aimee Plante,Ariel Salk on March 24, 2025
Two Portland-based weed dispensaries were broken into overnight on Sunday, with signs of forced entry and stolen inventory, though no suspects were located.
Could legal weed make you sick? Here's how California tries to keep it safe
by Sydney Lupkin on March 24, 2025
With no help from the federal government, states are trying to regulate recreational marijuana. California's Department of Cannabis Control works to keep contaminants out of joints, vapes and edibles.
Why hemp products, THC beverages might be harder to get in Ohio soon
by Haley BeMiller on March 24, 2025
Ohio may require certain hemp products to be sold at dispensaries. Breweries and CBD stores worry they'll be left in the lurch.
Gov. DeWine proposes how recreational marijuana sales tax revenue shouldn't be up to local discretion
by Kaylee Olivas on March 23, 2025
Legalizing recreational weed has been the talk of the state since it passed in 2023, as cities were looking forward to receiving extra dollars generated from sales tax, but now, that all may change.
Massachusetts cannabis prices just keep falling. Is an end in sight?
by Will Katcher | WKatcher@masslive.com on March 22, 2025
Over the last four years, the retail price of cannabis in Massachusetts has plummeted by more than two-thirds, causing some businesses to close and others to dread the possibility.
Dispensary 33's weed shops are first in Illinois to be fully employee-owned
by @KadeHeather on March 21, 2025
The dispensary’s two stores in Uptown and West Loop, along with its partnered Spark’d stores in the city and suburbs, have sold its business to a trust fully owned by its roughly 200 employees.
Moldy Weed from MSO 710 Labs Found at Fresh Elizabeth Dispensary
by Dan Ulloa on March 20, 2025
It was reported that moldy weed produced by the MSO 710 Labs was found at the Fresh Elizabeth Dispensary in Union County.

Chicago Atlantic BDC posts fourth-quarter profit jump, triples assets
by Adam Jackson on March 31, 2025 at 7:15 pm
Chicago Atlantics BDC's total investment portfolio hit $275 million after an October loan acquisition from its affiliated entity. The post Chicago Atlantic BDC posts fourth-quarter profit jump, triples assets appeared first on Green Market Report.
Florida Bill to Restrict, Regulate Hemp Products Advances to Senate Floor
on March 31, 2025 at 5:05 pm
The legislation would prohibit synthetic cannabinoids, require comprehensive testing and restrict where products can be sold.
IM Cannabis 2024 net loss ticks up despite successful cost-cutting initiatives
by Adam Jackson on March 31, 2025 at 4:22 pm
The company attributed much of the loss to the cancellation of a major contract. The post IM Cannabis 2024 net loss ticks up despite successful cost-cutting initiatives appeared first on Green Market Report.
Trio of cannabis pubcos in default to Innovative Industrial over lease payments
by John Schroyer on March 31, 2025 at 4:02 pm
The cannabis real estate investment trust also noted that a fourth company defaulted on a loan from IIPR. The post Trio of cannabis pubcos in default to Innovative Industrial over lease payments appeared first on Green Market Report.
France unveils long-awaited medical cannabis framework after years of delays
by Adam Jackson on March 31, 2025 at 3:44 pm
Three regulatory documents submitted to EU outline path forward for what could become one of Europe's largest medical cannabis markets. The post France unveils long-awaited medical cannabis framework after years of delays appeared first on Green Market Report.
Vext posts higher revenue but goes deeper into the red after Ohio entrance
by Adam Jackson on March 31, 2025 at 2:41 pm
The company posted strong fourth quarter results despite existing market challenges and new ramp up costs. The post Vext posts higher revenue but goes deeper into the red after Ohio entrance appeared first on Green Market Report.
MediPharm gets boost from international sales
by Debra Borchardt on March 31, 2025 at 1:23 pm
MediPharm is making progress to improve the company's future based on its international business. The post MediPharm gets boost from international sales appeared first on Green Market Report.
Gold Flora Files for Receivership, to Sell Off California Assets
on March 31, 2025 at 12:36 pm
The vertically integrated cannabis operator with 16 dispensaries and $100 million in revenue will shut down its business.
Curaleaf’s New Hemp THC Energy Drink Hits Market
on March 31, 2025 at 12:19 pm
The cannabis company introduced Select FormulaX, an innovative category to the hemp beverage space, for those seeking an uplifting and focused experience.
Aurora Cannabis Recognized for Executive Gender Diversity
on March 31, 2025 at 11:53 am
The Canadian cannabis company is an honoree in the Globe and Mail’s 2025 Report on Business magazine’s sixth annual Women Lead Here list.
Planet 13 pumps the brakes on expansion, keys in on Florida
by John Schroyer on March 31, 2025 at 4:02 am
The Nevada-based company joined other MSOs in filing amended tax returns to nullify 280E's effect. The post Planet 13 pumps the brakes on expansion, keys in on Florida appeared first on Green Market Report.
Chief medical marijuana regulator in Virginia steps down
by John Schroyer on March 28, 2025 at 8:46 pm
Chief Administrative Officer Jamie Patten will take over the role. The post Chief medical marijuana regulator in Virginia steps down appeared first on Green Market Report.
Michigan cannabis company calls regulators ‘ruthless’ as it agrees to shut down, exit industry
by Dustin Walsh on March 28, 2025 at 8:40 pm
The CRA alleges that Flavor Galaxy employees added marijuana product to pre-rolls after they had been tested. The post Michigan cannabis company calls regulators ‘ruthless’ as it agrees to shut down, exit industry appeared first on Green Market Report.
Gold Flora files for court receivership, preps for sale
by John Schroyer on March 28, 2025 at 8:27 pm
CEO Laurie Holcomb said the move was "a difficult but correct decision to make for all stakeholders." The post Gold Flora files for court receivership, preps for sale appeared first on Green Market Report.
Planet 13 Opens 31st Florida Dispensary in Port Richey
on March 27, 2025 at 2:36 pm
The cannabis company is hosting a grand opening at its new retail facility in the Tampa Bay region.
Revisiting Gonzalez in the Face of a Potential Circuit Split
on March 27, 2025 at 1:23 pm
There are four active appeals challenging trial court decisions holding that the dormant Commerce Clause does not apply to state cannabis license preferences.
U.S. Hemp Roundtable Partners with BlueCheck to Ensure Meaningful Age Verification for Legitimate Online Adult Hemp Sales
on March 27, 2025 at 11:49 am
Establishing meaningful age verification through services like BlueCheck signals to policymakers the hemp industry is serious about keeping adult hemp products out of the hands of minors.
2025 Legalization Forecast, Texas THC Ban, Idaho Medical Bill Lead CBT’s Top Stories in March
on March 27, 2025 at 10:22 am
A legislative and political breakdown of a dozen states that could enact reform this year led Cannabis Business Times’ most-read articles this month.
New Hampshire House Passes 2nd Adult-Use Legalization Bill This Session
on March 26, 2025 at 4:46 pm
The legislation would legalize cannabis for those 21 and older without establishing a commercial market for cultivation and sales.
California Cannabis Operators Association Backs Bill to Halt Excise Tax Hike
on March 26, 2025 at 1:39 pm
The CaCOA urged the immediate passage of Assembly Bill 564, sponsored by Assembly Member Matt Haney.
Drying and Curing Cannabis: A 2025 Update
on March 26, 2025 at 1:00 pm
If you can smell cannabis in your drying and curing rooms, you are losing flavor.
Virginia Governor Vetoes Adult-Use Cannabis Sales Bill, Again
on March 25, 2025 at 3:15 pm
Republican Gov. Glenn Youngkin rejected the Democratic-passed legislation that aimed to provide adults 21 and older tested and regulated products.
New Report Reveals Texas Hemp Market Contributes $10 Billion to State Economy
on March 25, 2025 at 12:29 pm
The Senate-passed THC ban threatens Texas’ hemp market that has fostered rising wages and job growth amid retail expansion, according to the report.
California’s Top Cannabis Regulator Suggests Governor Has Little to Do With Tax Increase
on March 25, 2025 at 9:49 am
Gov. Gavin Newsom proposed the state’s upcoming excise tax increase on cannabis sales in 2022 and signed legislation that ensued.
Maryland Governor, Legislative Leaders Agree on 33% Cannabis Tax Hike
on March 24, 2025 at 4:12 pm
Gov. Wes Moore hopes the budget agreement will generate $1 billion in new tax revenue, including roughly $39 million from the cannabis tax increase.

Cannabis #Cannabis generated by RSS.app

Hollister police arrest man with cannabis, psychedelics and cash stash
by Ricardo Tovar on March 31, 2025
Hollister police said that they arrested a man for carrying a large amount of cannabis and psychedelics in his vehicle.
Owners of alleged illegal cannabis grow houses in San Francisco's Bayview face lawsuit
by Tim Fang on March 31, 2025
Freeport police seize AK-47 and marijuana in shooting investigation
by John Clark on March 31, 2025
FREEPORT, Ill. (WTVO) — Police in Freeport recovered an AK-47 rifle and a felony amount of cannabis as part of an investigation into a shooting last week. According to the Freeport Police Departmen…
Cannabis scheduling, lack of standardization lead to confusion, low patient education
by Ellen Beck on March 31, 2025
Is cannabis right for me? Are there side effects? Contraindications? What’s in the product? How safe is it? These are some of the questions patients who begin to use medical cannabis may ask. As medical use has grown, a limited amount of credible information about how to use the drug can be challenging for them.
Investigator: Cannabis Commission failed to collect almost $2 million in fees
by Beth Treffeisen on March 31, 2025
The CCC says the OIG incorrectly understood the fees.
Florida Bill to Restrict, Regulate Hemp Products Advances to Senate Floor
by Tony Lange on March 31, 2025
The legislation would prohibit synthetic cannabinoids, require comprehensive testing and restrict where products can be sold.
Ontario retailer included in OLCC recall on cannabis cookies
by Leslie Thompson Argus Observer on March 31, 2025
ONTARIO — An Ontario recreational marijuana retailer, Cannabis and Glass, is among 37 that is listed as a retailer that may have sold edible cookies with undeclared allergens sold from
Culture Council: Rolling in Opportunities: The Two Biggest Job Market Catalysts in Cannabis
by Peter Su on March 31, 2025
What does the migration to the cannabis workforce mean to the industry overall?

California cannabis company with 16 dispensaries, $100M in revenue fails

By

Author:

By

Related Post

Hemp Products Industry Gets Scrutiny from Georgia Lawmakers

Cannabis farming’s energy use now rivals major industries like cryptocurrency

HYTN Secures Strategic Supply Agreements and Qualifies 4000kg of Cannabis for German Market

Leave a Reply

You missed

Hemp Products Industry Gets Scrutiny from Georgia Lawmakers

Cannabis farming’s energy use now rivals major industries like cryptocurrency

HYTN Secures Strategic Supply Agreements and Qualifies 4000kg of Cannabis for German Market

Marijuana program revenue funds veterans services and addiction treatment in Missouri

Cannabis News Network.TV