California: Page 8

Blüm Responds to Allegations of Child Molestation by ‘People’s California’ Managing Member Bernard Steimann

The company denounces sexual abuse of children as it tries to distance itself from People’s, a brand in which Steimann holds an interest.

Velvet Cannabis's People-First Culture

Farid Harrison, co-founder and CEO of the California-based dispensaries, shares his insights into how Velvet established itself as a multi-award-winning retail company.

Annual Cannabis Licensing Fee Could be Slashed $100K+ in California’s Highest-Taxed City

Five San José City Council members support a fee reduction, recognizing that the cannabis industry 'should be treated like any other business entity.'

Blüm Subsidiary Unrivaled Brands Files Suit Against Troup Construction

The California cannabis operator is suing the company and two executives for alleged theft.

California’s Adult-Use Cannabis Market Eclipsed $5.1 Billion in ‘Taxable Sales’ in 2023

The state’s tax department released year-end figures showing a 4.7% year-over-year decline.

86% of Californians Who Consume Cannabis Believe It Is Important to Shop Legally

New research released by Department of Cannabis Control also finds 62% of Californians believe Proposition 64 has had a positive impact on the state.

New California Cannabis Dashboards Shed Light on Harvest Trends, Retail Prices, Sales

The state’s Department of Cannabis Control launched the public data site to provide useful intel for industry stakeholders.

New Report: High Entry Barriers to California’s Cannabis Market Impede Oversight, Market Viability

The Cannabis Policy Lab’s licensing and market access report analyses the state’s top challenges and recommends reforms.

Blüm Holdings Highlights Proposed Acquisition of Cookies Retail Location, 2 Others in Sacramento

The company unveiled its new brand: Turkey Bag Heroes.

Blüm Holdings to Acquire 3 Dispensaries in Northern California, Including Cookies Location

The company executed a binding letter of intent to add $14 million of retail revenue assets to its portfolio.

California Task Force Seized More Than $312 Million in Unregulated Cannabis in 2023

The Unified Cannabis Enforcement Taskforce seized nearly 190,000 pounds of cannabis and eradicated nearly 318,000 plants last year.

Only 18 of 38 Labs Compliant to Test California’s Cannabis Flower Under New Rule

The state’s standardized testing method for THC potency took effect Jan. 1, leaving more than half of licensed labs noncompliant to start the year.

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