In Sacramento, a bill to cut pot taxes as a way to help licensed businesses, failed to advance, likely dooming it for the year.
Nonetheless, the state industry keeps attracting investment:
- Natura Life + Science closed on $91M from undisclosed donors to build a 265,000 square foot cannabis business campus in California.
- Canada-based SOL Global Investments invested $137M to acquire the parent company of Northern Emeralds and six licensed dispensaries.
KPBS takes a closer look at the San Diego market.
Using Nevada’s new transparency law, Cannabis Wire learns who are the major players in Nevada.
- A new Nevada bill would transfer cannabis regulation to a five-person board modelled after the state’s gaming commission.