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...
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EXCLUSIVE: Rumors swirl as brands depart Herbl
On Wednesday, the founders of California brand Kikoko sent out an email announcing they had parted ways with distributor Herbl, “effective immediately.”“While this change feels abrupt,” Jennifer Chapin and Amanda...
Leafly removes stories about Trulieve factory worker’s death
Web site Leafly took down two stories investigating the death of a Trulieve factory worker in Massachusetts. Lorna McMurrey, 27, died at a hospital in January 2022 after she collapsed during...
Why doesn’t Calif. crack down on burner distros?
In recent weeks, a brash weed boss has alleged that Glass House, the company building California’s largest cannabis farm, is the “biggest black marketeer” in American history.In videos posted on...