California | MJ Shareholders

Los Angeles faces lawsuit over marijuana delivery licenses

California Marijuana Industry News October 21, 2020 0

Two marijuana trade organizations filed a lawsuit Monday against the nation’s largest legal pot market over restrictions on stand-alone delivery services that have blocked them from obtaining licenses until 2025. The lawsuit against Los Angeles and its Department of Cannabis Regulation seeks to overturn rules enacted earlier this year that postponed... Read more

Cannabis Cup: People’s Choice Edition Headed To Southern California This December

California Featured Trending Stories October 16, 2020 0

High Times, the most recognizable name in cannabis, announced on Friday that its Cannabis Cup: People’s Choice Edition series of competitions would make a stop in Southern California later this year. High Times pivoted to the series of home-judged events after restrictions put in place in response to the... Read more

California Cannabis Operator Indus Holdings Pre-Announces Q3 Revenue Above $14 Million

California Featured Trending Stories October 13, 2020 0

Indus Holdings, Inc. Pre-Announces Record Q3 2020 Revenues in Excess of $14 Million, ~15% EBITDA Margins, and Positive Operating Income SALINAS, Calif., Oct. 13, 2020 (GLOBE NEWSWIRE) — Indus Holdings, Inc. (“Indus” or the “Company”) (CSE:INDS; OTCQX: INDXF), a leading, vertically-integrated, California-focused cannabis company, announced preliminary unaudited revenue and... Read more

Harborside Projects Q3 Revenue to Exceed $18.5 Million

California Featured Trending Stories October 12, 2020 0

Harborside Inc. Announces Positive Preliminary Third Quarter 2020 Financial Results OAKLAND, Calif. and TORONTO, Oct. 12, 2020 /PRNewswire/ – Harborside Inc. (“Harborside” or the “Company”) (CSE: HBOR), (OTCQX: HBORF), a California-focused, vertically integrated cannabis enterprise, today announced preliminary unaudited third quarter 2020 financial results for the period ending September... Read more

Minority Grant Finalists In California Cannabis Competition Are Mostly Women

California Featured Trending Stories October 1, 2020 0

A company in Southern California, My Green Network, announced the finalists for their Green Quest minority cannabis grant, and most of the finalists are women looking to make a positive change in the cannabis industry. My Green Network is a company that provides shared spaces for incubators and manufacturers... Read more

California’s largest-ever fire threatens cannabis farms worth millions. Many won’t evacuate

California Marijuana Industry News September 26, 2020 0

Law enforcement officers went door to door warning of the danger a few days ago, but “we couldn’t force people to leave,” said Trujillo, a narcotics deputy in the Trinity County Sheriff’s Department. “It’s mainly growers. And a lot of them, they don’t want to leave because that is... Read more

7 Murdered At California Illicit Marijuana Operation

California Featured Trending Stories September 10, 2020 0

Seven people were fatally shot on Monday at a rural home in Southern California that authorities say served as an illicit marijuana cultivation operation. Riverside County Sheriff Chad Bianco said at a press conference on Tuesday that the property in Aguanga, an unincorporated area northeast of San Diego, was... Read more

San Diego County Farm To Host U-Pick Hemp Flower Event

California Featured Hemp Trending Stories September 9, 2020 0

A small farm in rural San Diego County will be giving the public the opportunity to take an active role in sourcing CBD as it hosts a “u-pick” hemp flower event this weekend. Similar to other events that allow customers to harvest their own produce and cut flowers directly... Read more

Columbia Care to buy California Cannabis Operator for $69 Million

California Featured Trending Stories September 8, 2020 0

Columbia Care Signs Definitive Agreement to Acquire California-Based Project Cannabis Total Purchase Price of $69 Million Comprised of: $12 Million – $17 Million in Self-Funded Cash via Simultaneous Sale Leaseback of Project Cannabis’ Real Estate Assets to 3rd Party; and, $52 Million – $57 Million in Columbia Care stock... Read more

Police Destroy 30,000 Illicit Cannabis Plants In California Raid

California Featured Trending Stories September 3, 2020 0

Deputies with the Fresno County Sheriff’s Office destroyed approximately 30,000 cannabis plants in raids at two separate private parcels this week. The busts are the latest in a series of enforcement actions this summer that have highlighted the environmental damage that can result from unlicensed marijuana grows. The sheriff’s... Read more