Top executives at the largest MSO are pulling down pay packages of up to $4.5M, according to an analysis by MJBiz.Top earners in 2020 were Cresco Labs' Charlie Bachtell, Jushi's James Cacioppo, Columbia Care's Nicholas Vita, Acreage Holdings' Peter Caldini...
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business
Michigan biz plans lawsuit as tax hike looms
LANSING, Mich. -- Prominent figures in Michigan cannabis say to expect a lawsuit if the state imposes a tax hike the struggling industry characterizes as an existential threat. The state senate is expected to vote this week on House Bill 4951,...
business
BREAKING: Weedmaps “knowingly and intentionally” accepts illegal Calif. ads: Lawsuit
A Los Angeles delivery service sued Weedmaps’ parent company alleging the site, known as the Yelp of pot, accepts advertising from unlicensed California retailers, harming the state’s legal market.CannaQuik alleges the Nasdaq-traded tech platform “knowingly and intentionally” allows unlicensed retailers...
politics
China supports vast network of illegal U.S. pot farms: Law enforcement
Chinese organized crime, with support from the Chinese government, is behind a nationwide network of U.S. weed farms supplying the illegal market, law enforcement and policy experts told a U.S. House of Representatives panel this week. Their testimony and the...
california
Calif. DCC defends data analysis ahead of trial
As a five-year legal battle over diversion approaches trial, a brief from California's Department of Cannabis Control (DCC) argues that its use of Metrc's compliance software fulfills its legal obligations. The document and supplemental material don't address whether the agency's...
california
Calif. lawmakers poised to pass tax cut
The California State Senate appears poised to pass the tax cut that has been the industry's top legislative priority for the year. The bill, AB 564, which could pass the upper chamber as soon as this morning, would repeal the...
california
SCOOP: “Exceedingly ineffective,” Catalyst slams DCC before diversion trial
A new court filing from SoCal-based retailer Catalyst provides extensive new technical details on the California Department of Cannabis Control’s (DCC) alleged failure to stop diversion from California’s licensed supply chain.Accompanied by more than 1,000 pages of exhibits, including depositions...
