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Amid investor freeze, Lowell plans to restructure
By
Alex Halperin
Mar 17, 2023
Mar 17, 2023
After failing to find a buyer, the parent of venerable California brand Lowell Smokes announced a proposed restructuring and debt settlement plan this week.Departing Chairman George Allen told WeedWeek that even with business improving investor fatigue is "so extensive, we...
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SCOOP: Celeb USC prof ensnared in dispensary suit
A labor dispute between a Los Angeles dispensary and a former exec ensnared a prominent USC professor this month when a judge ordered him to turn over communications between himself and the exec, his sister.A California judge ruled that David...
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Catalyst ruling could boost many Calif. businesses
A recent legal win for retailer Catalyst Cannabis could bring some relief to California cannabis businesses saddled with local payments created under the auspices of local "development agreements" (DAs)Last month a judge in Stanislaus County (Modesto) granted Catalyst a preliminary...
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Eaze drivers threaten strike as labor tensions simmer
Hundreds of workers with delivery app Eaze are threatening to strike ahead of the 4/20 rush. Tensions are also rising between United Food and Commercial Workers (UFCW) organized workers and Catalyst, another of California’s largest retailers.The news comes as many...