The national marijuana dispensary chain MedMen has temporarily closed down all of its stores after several of its Los Angeles-based locations were looted over the weekend. While the company strongly condemned the looting, it said it recognizes the tragedies that led up to the incidents and is offering to... Read more
Only a day after a new marijuana decriminalization law took effect in Virginia, top state lawmakers are announcing that they’re already looking ahead to full legalization. A group of Democratic legislators on Thursday announced plans to introduce a bill to legalize and regulate a commercial cannabis market in the... Read more
Police officers in Austin, Texas will no longer arrest or issue citations to those suspected of possessing small amounts of marijuana, according to an Austin Police Department memorandum released on Thursday. The policy change comes five months after the Austin City Council voted to end enforcement of low-level cannabis... Read more
A grand jury in Santa Barbara, California criticized the county’s cannabis regulations in a report released this week, writing that members of the Board of Supervisors allowed marijuana businesses to dictate policy and failed to serve the interests of the county’s residents. The grand jury, which serves as an... Read more
Monday, June 29, West Virginia officially announced the plan to reopen their application process for medical cannabis testing labs so that more labs can get registered and their medical cannabis testing program can get off the ground. “The West Virginia Department of Health and Human Resources, Bureau for Public... Read more
Denver, Colorado-based edible juggernaut Dixie Brands released a statement that the company will rename itself, thus distancing itself from the word “Dixie” and its connection to hateful beliefs of the past, specifically slavery. The reasoning behind the name-change is openly evident, judging by current events: Monuments and symbols linked... Read more
Prosecutors in Nashville, Tennessee will no longer file criminal charges for possession of less than a half-ounce of marijuana, District Attorney General Glenn Funk announced on Wednesday. The change in prosecutorial policy goes into effect immediately, according to a statement from the Nashville District Attorney’s office. “Marijuana charges do... Read more
MedMen Announces Lender and Landlord Support for Company Turnaround Reached agreement with senior lenders to defer cash interest Modified lease arrangements with Treehouse REIT to reduce near-term cash commitments LOS ANGELES-July 03, 2020-(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today announced the execution of... Read more
Organigram Provides Update on COVID-19 Corporate Action Plan and Timing for Q3 Results MONCTON, New Brunswick-July 03, 2020-(BUSINESS WIRE)–Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI) (NASDAQ: OGI) provides a corporate update on recent developments of the Company in relation to the worldwide COVID-19 pandemic and the continuing... Read more
