Tag: CBT > California Cannabis Companies: Page 27

Finance

California Regulators Offer 60-Day License Fee Deferrals to Cannabis Businesses During COVID-19 Pandemic

The deferrals, which apply to businesses with state licenses that expire between now and June 30, are meant to provide financial assistance to licensees affected by the coronavirus crisis.

May 18, 2020

Legislation and Regulation

Newly Released Memo Advises DEA to Change Cannabis Research Regulations, Minnesota Lawmaker Introduces Adult-Use Legalization Bill: Week in Review

This week, a 2018 memo surfaced, indicating that the Drug Enforcement Administration’s practices have been non-compliant with international drug laws for decades.

May 9, 2020

Finance

Former Green Growth Brands Executive Peter Horvath to Run Hightimes Holding Corp.

Following former CEO Stormy Simon’s exit, Horvath will preside over the publishing company’s pivot to retail.

May 7, 2020

California

California Releases Proposed Rules for Organic Cannabis Certification

Public comment on the regulations will be accepted through July 7.

May 4, 2020

Legislation and Regulation

Illinois Delays Awarding New Cannabis Dispensary Licenses, Canopy Growth Lays off 200 More Workers: Week in Review

This week, Illinois regulators planned to issue 75 adult-use dispensary licenses, but instead announced that they will now wait until the governor’s disaster proclamation expires.

May 2, 2020

Compliance

DNA Genetics Partners With Copperstate Farms in Arizona

The breeding company’s proprietary genetics will be available at Copperstate’s Sol Flower dispensaries.

May 1, 2020

Finance

California Offering $50,000 ‘Bridge Loan’ for Small Businesses, Including Cannabis Industry

With a sales tax deferral and an opportunity to hold back thousands of dollars, California is offering some relief for small business owners.

April 30, 2020

Mergers and Acquisitions in the Cannabis Market

Glass House Group Builds Out Supply Chain With Acquisition of Cannabis Concentrates Manufacturer F/ELD

The deal comes on the heels of Glass House Farms' recent 355,000-square-foot expansion of its cultivation footprint.

April 29, 2020

Finance

Stay-at-Home Orders Keep 4/20 Sales Down This Year

Customers stocked up throughout the week leading up to the celebratory day, spreading purchases across a longer time frame.

April 23, 2020

Finance

California Cannabis Equity Program Grants Local Jurisdictions $30 Million in Funding

The program aims to support cannabis entrepreneurs from communities disproportionately impacted by prohibition.

April 22, 2020

California

Planet 13 Announces Renegotiation of Santa Ana Acquisition

Following an announcement that it had terminated an agreement to acquire a dispensary in Santa Ana, Calif., Planet 13 has renegotiated the terms.

April 20, 2020

Legislation and Regulation

Canopy Growth Drastically Reduces Operations, Virginia Governor Signs Cannabis Decriminalization Bill: Week in Review

The Canadian licensed producer is ceasing operations at several of its locations to slow down cash-burn as its new CEO reviews costs.

April 18, 2020