May 26 2022,

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THE BIG IDEA

Hi all,

Happy almost Memorial Day weekend!

Here we go:

  • Stiiizy deal draft would stiff social equity partner: Lawyers say

And so much more.

Enjoy,

Alex

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DOGWALKER

Delaware court finds for Bloom Farms

The Delaware chancery court ordered investor Jeff Menashe to pay $2.3M in attorney’s fees to Bloom Farms for waging bad faith litigation against the company. WeedWeek’s coverage of the case can be found here, here and here
Law360

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QUICK HITS

Politics:

Business:

Local:

  • LA’s regulator hosted a webinar on the new social equity eligibility verification process, for the next round of dispensary licenses. The verification period runs from today until July 25. MJBiz has more on the process.
  • Riverside Co. supes voted to crack down on shops that didn’t open under promised conditions.
    City News Service
  • Grover Beach (San Luis Obispo Co.) city council voted to allow on-site consumption at dispensaries.
    KEYT

Equity:

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NOTABLES

Company Milestones:

Job Moves:

  • MedMen Chief Strategy Officer Tyson Rossi is resigning.

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