Tag: CBT > State by State: California: Page 45

Finance

Lawmakers Introduce House Bill to Extend Federal Aid to Cannabis Industry, Stay-at-Home Orders Keep 4/20 Sales Down: Week in Review

This week, Reps. Earl Blumenauer and Ed Perlmutter unveiled legislation that would allow cannabis businesses to access federal COVID-19 relief.

April 25, 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

California

Cannabis Retail Applicants Sue Los Angeles Over Licensing Process

The lawsuit seeks to force the city to vet all the dispensary applications it received under the first-come, first served process that was initiated last fall and met with backlash.

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

Legislation and Regulation

Los Angeles Department of Cannabis Regulation Sends New Licensing Process Recommendations to City Council

Among the recommendations are for city council to amend the municipal code with revised definitions, and temporary approval and priority processing for certain applicants.

April 16, 2020

Finance

Planet 13 Announces Termination of Santa Ana Acquisition

The acquisition was terminated due to unmet conditions in the definitive agreement.

April 13, 2020

Interviews & Opinion

San Diego’s Torrey Holistics Adjusts to New Market Trends, Gives Back to Local Community During COVID-19 Crisis

The dispensary is donating medical supplies and a portion of its April sales to local organizations that have been impacted by the pandemic.

April 13, 2020

Interviews & Opinion

California’s Grim Outlook: Coronavirus Pandemic Expediting the State’s Existing Cannabis Market Failures

Now, more than two years into the state’s adult-use program, the struggle continues.

April 10, 2020

Nevada

Solace Holdings and Aether Gardens File Lawsuits Against Cannadips Entrepreneur

The defense has filed for a lawsuit in federal court, which centers around $1.2 million in purportedly unrepaid loans, to be stayed.

April 9, 2020

Legislation and Regulation

New York Strips Cannabis Legalization Proposal from State Budget, Mexico Senate Asks for Deadline Extension on Cannabis Legislation: Week in Review

New York Gov. Andrew Cuomo said there was “too little time” to fine-tune his plan to legalize adult-use cannabis ahead of the April 1 deadline to approve the state budget.

April 4, 2020

California

Audit of Los Angeles Cannabis Licensing Process Determines City Took ‘Reasonable’ Steps to Ensure Fairness

A city official is now recommending that the Department of Cannabis Regulation move forward with awarding licenses to cannabis retailers.

April 1, 2020