Exclusive Interview with Body and Mind CEO Michael Mills and COO Trip Hoffman Multi-state operator Body and Mind (CSE: BAMM) (OTCQB: BMMJ) has built its business in limited license markets with a focus on quality products at a reasonable price. It continues to maintain that differentiation as it goes... Read more
The DCC announced on Aug. 25 that it has officially seized more than $1 billion worth of illegal cannabis. The department attributes this milestone to recent raids conducted in Los Angeles and Riverside County within the past year. “This important milestone was reached through close collaboration with local, state,... Read more
San Diego’s proposal to establish a social equity program would present eligibility criteria that would help participants find locations, get financing, and get critical mentorship from existing members of the cannabis industry. It would create a revolving loan fund that would begin with $5 million in city cannabis tax... Read more
StateHouse Holdings Inc. Reports Second Quarter 2022 Financial Results and Provides Additional Business Updates Company expects to be EBITDA positive in 2023 SAN DIEGO and TORONTO, Aug. 25, 2022 /PRNewswire/ – StateHouse Holdings Inc. (“StateHouse” or the “Company”) (CSE: STHZ) (OTCQX: STHZF), a California-focused, vertically integrated cannabis enterprise, today announced its financial results for the... Read more
On Aug. 22, the U.S. Forest Service Human Resources published a notice to remind employees that cannabis consumption is not allowed, even if they live in a state where it’s legal. “Several states now allow recreational and or medicinal use of marijuana. However, marijuana is still an illegal drug per... Read more
California Governor Gavin Newsom on Monday vetoed a bill that would have authorized a limited number of safe injection sites, delivering a blow to harm reduction advocates trying to reign in the number of overdose deaths plaguing the state and the nation. Newsom vetoed the measure, Senate Bill 57,... Read more
The Wild Cat Road skips along a ridge line, a narrow half-paved, half washed-out track that once carried much of the world’s finest marijuana to market. Even in mists that obscured its treacherous course as it bows toward the Pacific, the road hummed in tune with the family weed... Read more
Provisions of a California bill that would have decriminalized psychedelic drugs including magic mushrooms, LSD, and MDMA were stripped from the measure by a legislative committee last week, with lawmakers instead amending the bill to only study the issue. The measure, Senate Bill 519 from Senator Scott Wiener, would... Read more
The Parent Company Reports Second Quarter 2022 Financial Results Reports net sales of $27.4 million as the Company focuses on higher quality revenue streams Increases omni-channel retail revenue 60% from prior year to $19 million, or 69% of net sales in the quarter Sales of Company-owned brands increased to an average of... Read more
City leaders in San Francisco will consider a proposed ordinance to decriminalize the use of natural psychedelics including psilocybin and ayahuasca when the Board of Supervisors returns from recess next month. The measure, which was introduced by San Francisco Supervisors Dean Preston and Hillary Ronen on July 26, would... Read more
