Ceres Acquisition Corp., and MSO Parallel mutually nixed their plan to go public in a $1.88B SPAC deal. ReutersWhile neither party comment on the break up three sources told Reuters that several investors didn't believe Parallel could delivery on its "lofty"...
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Lawsuit alleges SoCal city extorted licensees
As the Department of Cannabis Control (DCC) tries to expand the number of cities and counties with cannabis businesses, an April lawsuit details how local officials in one SoCal city allegedly blocked a group of cannabis businesses from opening for...
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The Best 420 Deals in Los Angeles for 2024
Are you looking for the best cannabis discounts and events for April.20.2024 in Los Angeles? Today we’re putting a spotlight on the LAX Cannabis Club dispensary, which is conveniently located a short drive from the LAX airport. Therefore, it's the...
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What should Calif. do about hemp?
Last week, the California State Assembly’s Business and Professions Committee unanimously cleared a bill that would require intoxicating, hemp-derived products to be regulated much like licensed cannabis and sold in dispensaries. The 18-0 vote indicates lawmaker interest in addressing an...
