Until its heartstopping seventh chapter — “Legal Weed in 2050” — many cannabis executives will find themselves nodding along with “Can Legal Weed Win: The blunt realities of cannabis economics,” by UC Davis economists Robin Goldstein and Daniel Sumner.Then, as...
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EXCLUSIVE: What happened to Statehouse?
In late September, investment firm Pelorus Capital asked a judge to put Statehouse Holdings into receivership. Though long expected, the collapse of one of California's larger players was the latest sign of crisis in California’s REC market. Then news broke...
pro
SCOOP: West Coast Cure asks judge to dismiss pesticide suit
The parent company of California cannabis brand West Coast Cure (WCC) asked a judge to throw out a proposed class action lawsuit alleging the presence of banned pesticides in its vapes. The lawsuit claims unexplained "independent testing" found the...
pro
Hemp group threatens lawsuit over Newsom ban
A hemp trade association threatened to sue California if the state enacts Gov. Gavin Newsom's proposed ban on intoxicating hemp-derived products. Introducing the emergency regulation on September 6, Newsom said the largely unregulated products pose a threat to children. If...
pro
EXCLUSIVE: Catalyst’s battle for Fontana
Eight years after Californians voted to legalize REC, access remains a key stumbling block. The state has far fewer dispensaries per capita than Colorado, Michigan and other large markets. And the retailers that exist tend to be clustered in big...
california
BREAKING: DCC ignored pesticide warnings, former staffer alleges
UPDATE 9/12/24: DCC Chief Deputy Director Rasha Salama is stepping down, effective September 30. A former Department of Cannabis Control (DCC) official sued the agency this week, alleging she was retaliated against and fired after raising concerns about pesticide contaminated...
industry-voices
Industry Voices: Newsom’s hemp proposal goes too far
On Friday, Governor Gavin Newsom announced emergency regulations that could deliver a significant blow to California's multi-billion-dollar hemp industry. Citing a statewide emergency due to youth access to intoxicating hemp products, the governor issued a sweeping ban on all hemp...
