In recent months, special purpose acquisition companies, or SPACs, which function as “backwards IPOs,” have become the darlings of the cannabis world and the broader economy. However, a recent report that Casa Verde Capital, a SoCal investment fund co-founded by...
This content is FREE for registered users.
To view this content you need to register as a Weedweek member.
If you are already a member please login below.
california
“A debt trap:” Los Angeles market crisis deepens
“This is not equity, this is exploitation!” Evelyn Brinson co-owner of Mid-City Los Angeles social equity dispensary The Green Paradise seethed to a city council committee in April. “It’s a fucking fee trap.”Long simmering tensions between struggling businesses and LA’s...
california
Calif. confirms 25% excise tax hike
California's tax agency confirmed Thursday that it would to raise the cannabis excise tax from 15% to 19%, the maximum possible increase, starting July 1. Stopping the tax hike is a top priority for the state's sputtering industry which argues...
sponsored
NuggMD Announces Winners of 2025 Patient Choice Awards
NuggMD, the country’s leading telehealth platform for cannabis, today announced the winners and the runners-up of the 2025 Patient Choice Awards for cannabis brands, products, and technologies.Key Takeaways (TLDR)TLDR provided byTop brands and products in cannabis industry recognized by 3,500...
sponsored
Federal Court Dismisses All Claims Against Flavorade Founder Nick Coburn “With Prejudice”
Flavorade Extracts celebrates a major legal victory as a Federal Court dismisses all claims brought by Greenmount LLC (dba Cold Fire Extracts)Key Takeaways (TLDR)TLDR provided byCourt dismisses all claims against Nick Coburn, founder of Flavorade Extracts, giving him a legal...
business
BREAKING: Metrc “concealed” acquisition from state partners: Lawsuit
Regulatory software provider Metrc may have breached its agreements with state governments by attempting to "conceal" information about an acquisition, a whistleblower alleges. In a text message, Metrc CEO Michael Johnson told the plaintiff to take down a social media...
california
BREAKING: Calif. DCC and Metrc “conspired” to allow diversion: Lawsuit
California’s Department of Cannabis Control (DCC) engaged in a “conspiracy” with a software provider so the agency could collect taxes on illegal, interstate cannabis sales, a whistleblower lawsuit alleges.The suit, filed in Oregon federal court this month, alleges regulatory software...
