Hi all,

I’m very sorry about the delay with this week’s newsletter. Technical glitch. Let’s get to it:

• THC-O CEO says “join me”

Read up,

Alex

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State:

• Remember that LA (and other cities) disagree with the state over how to assess tax payments made by retailers? A new bill aims to address it.
• New track and trace requirements take effect April 1. Meadow is hosting a webinar this Thursday.
• Following an LA Times investigation, lawmakers are planning an audit to root out local corruption tied to licensing.
• Equity applicants have through Friday to submit state applications for a provisional license.
• The Law Offices of Omar Figueroa posted a primer on consumption events in California.

Business:

• Ignite, a brand started by Instagram celebrity Dan Bilzerian, is resisting a demand from from a federal judge to turn over documents. The company says the documents are priviledged.
  Green Market Report 
• Another shareholder sued Innovative Industrial Properties alleging the REIT was untruthful about its relationship with Kings Garden.
  Green Market Report 

Local:

• The Ukiah (Mendocino Co.) city council approved on-site consumption at retailers.
  Ukiah Daily Journal

Oregon:

• Fallen prices have created a crisis for the state industry.
  OPB
• The health authority issued its first license to a psilocybin mushroom farm.
  KTVZ

Hawaii:

• The state house blocked a REC bill. On LinkedIn, Oakland attorney James Anthony celebrated its defeat, saying it did “nothing for social equity.” 
  Marijuana Moment

Crime:

• Chinese investors and workers are a growing presence in unlicensed operations, in California and other states, Politico reports.
• Video from the middle of the night, appeared to capture thieves stealing $500,000 in weed from a Santa Cruz shop.
  NY Post  

Fun and interesting:

• As she prepares to give birth, journo Jackie Bryant reflected on her home grow journey.
  High Times
• Adam Ill of The OG Potcast ran the LA marathon while smoking weed.
  Stupid Dope

Company milestones:

• The Parent Company launched a new value brand: Cruisers.
• Kiva Announced it is expanding to Missouri.
• Rapper Rick Ross is taking the Collins Avenue strain, part of a collaboration he did with Cookies’ CEO Berner, to brand High Tolerance, which has an impressive roster of hip hop stars as ambassadors.  
  Black Cannabis
• Former NBA star Al Harrington discussed plans to bring his Viola Brand to the northeast.
  NY1
• Drippy soda announced a partnership (including an unspecified investment from) UnderCurrent Entertainment, which specializes in music talent management and influencer marketing.
• Kiva Sales & Service announced an exclusive distribution agreement with upscale edibles brand Rose. 
• The trendsetting Coachella festival will have booze-free bars hosted by booze-free Venice bottleshop The New Bar.
  AdWeek