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Ascend sues MedMen over N.Y. deal termination
MSO Ascend Wellness Holdings sued MSO MedMen in New York state court days after the defendant backed out of an announced deal to sell Ascend 87% of its New York operation for $73M.In a statement, Ascend said it is "seeking Read More...

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WeedWeek Live: Kaelan Castetter on the NY market

In the new episode of our interview show WeedWeek Live, Kaelan Castetter shares his nuanced view of what to expect in New York's multi-billion dollar REC market. Castetter is managing director of consultancy Castetter Cannabis Group.  WeedWeek Live, hosted by...
business

Cannabis vs. covid: Not a slam dunk

A peer-reviewed lab study published in the Journal of Nature Products, found compounds found in cannabis blocked the coronavirus from penetrating healthy human cells.BloombergWhile the internet got excited about weed preventing Covid, that's not what the study shows.ViceResearchers at Oregon...
business

WeedWeek Live: Redwood Roots CEO Chris Anderson

California's cannabis market is increasingly a big money game.In the first episode of our new interview show WeedWeek Live, Chris Anderson CEO of Humboldt County distributor Redwood Roots gets real about the challenges faced by the Emerald Triangle's most celebrated...
business

How retail buyers see the Calif. market

High taxes, complex regulations and a still strong illegal market have leading industry voices saying the California market is on the brink of collapse. While many pot snobs downplay THC and emphasize terpene content, retailers say price and potency, far...
business

MedMen / Ascend dispute escalates

MSO Ascend Wellness Holdings claimed MSO MedMen had challenged the authority of New York regulators. The accusation comes after MedMen announced, earlier this week, that it would terminate a deal to be sell more than 86% of its New York...
business

MedMen terminates N.Y. deal with Ascend

MSO MedMen announced it was terminating an New York investment agreement with MSO Ascend Wellness Holdings. The news came after Ascend put out a statement accusing MedMen of breaking the deal.In February, with MedMen strapped, the companies said Ascend would...
business

WeedWeek’s’ cannabiz predictions for 2022

The future is notoriously difficult to predict.A few souls responded to our call for industry predictions for 2022. But they were (mostly) self-serving and dull, so they're not getting printed. Instead here are some predictions from me.Hold me to them...
business

Ten biggest weed stories of 2021

No matter how much happens in canna-land it can seem like nothing ever changes. Federal illegality remains in place. Most businesses still lack access to the banking system. Even so, the industry's progress is unmistakable. This year saw a new set...