An Arizona nonprofit and a group of potential investors filed suit against the state’s cannabis social equity program last week, claiming its rules will lead to lucrative marijuana dispensary licenses intended for communities harmed by the War on Drugs being taken over by existing corporations. The lawsuit brought by... Read more
Exclusive Interview with MedMen Chairman and CEO Tom Lynch The MedMen (CSE: MMEN) (OTCQX: MMNFF) story has been shaped by its many public problems, but the company’s Chairman and CEO, Tom Lynch, is looking to leave those legacy issues behind. He is leading the company through a restructuring process... Read more
Goodness Growth Holdings Announces Planned Divestiture of Arizona Dispensary License Company will maintain focus on wholesale channel as a low-cost producer of biomass MINNEAPOLIS, Nov. 2, 2021 /PRNewswire/ — Goodness Growth Holdings, Inc. (“Goodness Growth”) (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP developer, today announced... Read more
Policymakers in Arizona unveiled rules last week for a social equity cannabis program aimed at giving communities most affected by pot prohibition opportunities in the state’s newly regulated recreational cannabis market. The Arizona Daily Star reported that the state’s Department of Health Services issued the final draft of its... Read more
A deadly shooting aboard an Amtrak train in Arizona on Monday occurred following a search for marijuana by law enforcement officers, according to court documents filed in the case. Drug Enforcement Administration special agent Michael Garbo and a suspect only identified as D.T. were killed and two agents were... Read more
A Phoenix-area cannabis dispensary chain is giving away free pre-rolled joints to customers who donate a bra in a campaign to support breast cancer awareness while supporting an Arizona nonprofit group. A collaboration between Mint Cannabis and Check for a Lump, the Buds ‘n’ Bras campaign aims to highlight... Read more
Exclusive Interview with Verano Holdings Co-Founder, Chairman and CEO George Archos Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) Co-Founder, Chairman and CEO George Archos last spoke with New Cannabis Ventures in March, shortly after the company’s public debut. The company went public to more easily pursue M&A, and Verano... Read more
AFC Gamma Expands Existing Senior Secured Credit Facility With Devi Holdings, Inc. by $30 Million Supporting Continued Growth of its Existing Borrower; AFC Gamma Commits $62.5 Million under Expanded Credit Facility WEST PALM BEACH, Fla., Sept. 13, 2021 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) today announced... Read more
Exclusive Interview with Planet 13 Co-CEOs Robert Groesbeck and Larry Scheffler Planet 13 (CSE: PLTH) (OTCQX: PLNHF) is about more than just Las Vegas. When the company’s team spoke with New Cannabis Ventures this spring, they were building a superstore in California. Now, the Orange County location is open... Read more
Advocates believe forgiveness for marijuana crimes does not go far enough in Arizona – Cannabis Business Executive – Cannabis and Marijuana industry news skip to Main Content Read more
