Bierman and Modlin opened at least three dispensaries in the San Francisco Bay Area under the brand name Megabud.
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Category: Business
Cannabis businesses call Grand Rapids social equity program ‘municipal extortion’ in new lawsuit
The cannabis companies claim they have had their licenses threatened, suspended, or denied and face fines from the city because of their noncompliance with social equity program requirements.
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French lawmakers push cannabis legalization plan despite opposition
A state-run agency would control the growing and selling of recreational marijuana, but the proposal faces a tough fight.
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Greenlane Holding’s offering causes stock selloff
Greenlane’s use of a sweetener to do the deal signaled weak investor interest.
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California’s active cannabis license count plummets
For the first time since the state legalized cannabis, canceled, expired, surrendered or are otherwise not in use licenses outnumber active licenses.
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Maine cannabis agency targeted for investigation by state oversight committee
The investigation will focus on allegations of intentional reporting delays, conflicts of interest and challenges to license winners.
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Mississippi lawmakers approve dueling bills to ban intoxicating hemp goods
The House version would limit the amount of THC allowed in hemp-derived products, while the Senate version takes the restrictions even further.
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Leef Brands aims to enter New York as new ‘asset-light’ MSO
The California-based extraction company said it already secured a facility and positioned equipment in the state.
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Colorado cannabis sales post weakest January since 2017
The $113.6 million monthly haul showed more cooling following market’s first sub-$1.4 billion year since 2016.
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Story Cannabis gets second cash infusion from AFC Gamma, this time for Ohio expansion
AFC previously provided funding to expand Story’s operations in Maryland.
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