California’s attorney general argued in a recent court filing that none of the state’s cannabis businesses operating on provisional licenses are entitled to due process under state law. The due-process situation arose when Hayward-based Harrens Lab filed suit against...
Schwazze, a Denver-based vertically integrated cannabis operator, said it has acquired the five remaining Star Buds retail outlets in Colorado for $72.3 million, including $27.5 million in cash. With the acquisition, Schwazze, formerly Medicine Man Technologies, now...
(A version of this story first appeared at Hemp Industry Daily.) Charlotte’s Web Holdings, a Colorado-based, hemp-derived CBD leader, said it signed a five-year purchase agreement option to acquire a marijuana company for $8 million. The marijuana business was started...
Las Vegas offers drive-thrus for alcohol, gambling, weddings and peep shows, and now the tourist mecca is allowing cannabis stores to offer the service. The Las Vegas City Council voted 6-0 on Wednesday to rescind a citywide restriction on marijuana retail drive-thru...
Kelowna, British Columbia-based GTEC Holdings reported net income from operations of 282,000 Canadian dollars ($223,600), reversing a net loss of CA$8.3 million in the previous year, according to full-year and fourth-quarter results released Wednesday. GTEC’s net...
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