June 2 2023,

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THE BIG IDEA

Hi all,

I’m a little late this week, but going forward you can expect WeedWeek on Friday mornings.

In the newsletter:

  • Why doesn’t DCC crack down on burner distros?
  • Trulieve exits Massachusetts

Enjoy the weekend,

Alex

P.S. Coming soon: A BIG FLASH SALE on WeedWeek Pro subscriptions!

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WHAT YOU MISSED IN WEEDWEEK CALIFORNIA PRO

burner distros
Catalyst Cannabis CEO Elliot Lewis often shares his views on Instagram at @catalyst_ceo

In recent weeks, a brash weed boss has alleged that Glass House, the company building California’s largest cannabis farm, is the “biggest black marketeer” in American history.

In videos posted on social media, Elliot Lewis, CEO of Long Beach-based retailer Catalyst Cannabis, claims huge amounts of Glass House cannabis gets diverted from the legal supply chain after Glass House has sold it to distributors.

  • Glass House didn’t respond to requests for comment.

Lewis’ allegations, whether accurate or baseless, point to a larger question: Leakage from California’s legal supply chain is widely believed to be rampant.

So why don’t state regulators seem to be doing anything about it?

Read the story.

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LATEST PRESS RELEASE

Jointly and Cova Collabor
Jointly and Cova Collaborate to Transform Cannabis Retail with Jointly Matches, the First Goal-Based Data-Driven Sales Platform
Los Angeles, CA (Newsworthy.ai) Wednesday May 31, 2023 @ 9:30 AM Eastern — Jointly, a cannabis discovery and software company, today announced a groundbreaking partnership with Cova, a leading provider of cannabis point of sale (POS) software. This collaboration offers...

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TRULIEVE EXITS MASSACHUSETTS

In a bid to “preserve cash and improve financial performance” Trulieve said it would exit the Massachusetts market this year and shutter one of its few remaining California shops. The MSO has three shops in the state and a grow and processing facility in Holyoke.
MJBiz 

  • In a statement, CEO Kim Rivers said the company plans to focus on its core markets. It blamed price compression and competition for its disappointing results in Florida.

The announcement comes eight months after a local podcast The Young Jurks broke news that Lorna McMurrey, a 27-year old worker at the factory, died after collapsing during her shift. It later emerged that state authorities had been investigating the factory for safety concerns. The investigators have not released their findings.

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