Advertisement
Now Trending
MedMen Declares Bankruptcy
LOS ANGELES – Five years after its market valuation peaked at about $3 billion, MedMen Enterprises Inc. is bankrupt. The company filed insolvency proceedings in Canada and was placed in receivership in the United States on April 24. The company intends to liquidate, signaling extinction for the one-time “cannabis unicorn.”
Documents filed with the Canadian and American courts list assets...
INDUSTRY EVENTS
MAY_________
May 3-4: NECANN Maryland
May 7-9: Cannabis Science Conference
May 7-9: Champs Atlantic City
May 12-15: CannMed 24
May 17-18: CannaCon Albuquerque
MAY 30: NECANN Illinois
JUNE__________
June 5-6: CWCB Expo
June 20-21: CannaCon Rochester
Slow but Significant Progress: Update on 3 Catalyst Cannabis Lawsuits
LOS ANGELES – As the saying goes, “the wheels of justice grind slowly, but they do grind.” While the saying is usually applied to...
Disbarred Lawyer Cons Investors Out of $18 Million
BEVERLY HILLS, Calif. – A disbarred lawyer with multiple previous fraud convictions admitted to bilking investors out of $18.4 million to fund a nonexistent hemp...
Delinquent Payments Topped $3.8 Billion in 2023
PORTLAND, Ore. – Cash-starved cannabis operators left more than $3.8 billion worth of bills unpaid in 2023, according to a report from economic research...
Greenbax Marketplace: ‘Business as Usual’ for Unusual Businesses
Closed accounts. A lack of payment processing. Solutions that are short-lived or too good to be true. Running a business in this industry can...
CannaBusiness ERP Is Making Success an Art Form
Andy Warhol once said good business is the best art, but running a good business in the cannabis industry is becoming increasingly difficult. The...
Youngkin Kills Adult-Use Cannabis Retail Bill in Virginia
RICHMOND, Va. – Virginia Gov. Glenn Youngkin vetoed a bill this week that would have established a framework for creating an adult-use retail marketplace...
Advertisement