Business
“We’re Going to Dominate:” Subversive CEO on Blockbuster Deal
By
Willis Jacobson
Nov 30, 2020
Nov 30, 2020
Subversive Capital Acquisition Corp., already the largest investor of its kind in the cannabis industry, has ramped up its effort to become a leading player in the California cannabis market.A Special Purpose Acquisition Company (SPAC), Subversive recently purchased Caliva and...
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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
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NuggMD Announces Winners of 2025 Patient Choice Awards
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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...
