Ryan Allway May 20th, 2021 SAN DIEGO-May 19, 2021-(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today that its operating partnership, IIP Operating Partnership, LP (the “Operating Partnership”), priced a private offering of $300 million aggregate principal amount of 5.50% Senior Notes due 2026 (the “notes”). The... Read more
Emerald Health Pharmaceuticals of San Diego has begun using a marijuana-derived therapy to experimentally treat small numbers of people who suffer from multiple sclerosis and scleroderma, a pair of autoimmune diseases. The small, phase 1 safety trial involves CBD, a compound found in marijuana. CBD has caught the attention... Read more
Leaders of the San Diego marijuana industry say the city needs to accelerate efforts to shut down the city’s roughly 100 illegal delivery services, which have replaced illegal marijuana storefronts as the new black market for the drug. The city’s 18 permitted dispensaries can legally deliver marijuana to customers,... Read more
SAN DIEGO (AP) — Felony charges are expected to be dropped against an attorney representing marijuana businesses in a case that stood out because of the aggressive tactics employed by the San Diego district attorney. In an agreement signed Monday, the district attorney’s office has agreed to let attorney... Read more
A Riverside County couple who leased a San Ysidro storefront to an illegal marijuana dispensary was ordered to pay $388,000 in civil penalties to the city of San Diego this week, city officials said. Quirino and Bertha Gutierrez, who live in Menifee, were ordered to pay the equivalent of... Read more