IN THE NEWS — 2/3/21
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Other recent developments:
- Subversive Capital, which launched The Parent Company, announced its second SPAC deal, this one for Israeli operator Intercure.
- The National Labor Relations Board found grow room employees and trimmers can’t unionize because they’re are agricultural laborers and therefore ineligible.
MJBiz - The owner of Kool brand cigarettes sued cannabis brand Bloom alleging a trademark violation. (Paywall)
Bloomberg Law - Papa & Barkley named beauty industry veteran Evelyn Wang as its new CEO.
- The Washington Post talked to MSO Curaleaf about whether the industry can be a force for social justice.
- A group of Massachusetts dispensaries dropped their lawsuit against a regulation that would reserve delivery licenses for equity businesses.
Boston.com - REC legalization is in the air in New Mexico and Virginia.
Albuquerque Journal, Politico - The New Yorker asked if green energy can power the industry. (A relatively modest 5,000 square foot grow uses 66x as much power as an average home.)
- Colorado Gov. Jared Polis wants to create a $5M cannabis equity fund.
Westword - Business Insider asked industry luminaries about their predictions for 2021 and psychedelics companies about their fundraising. (Paywall 2x)
- Sara Stewart, founder of The Highspitality Group, discussed plans for what she’s calling the industry’s first restaurant group.
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