Once-significant Nevada marijuana company CWNevada is in the final stages of liquidating more than $12 million worth of assets. https://mjbizdaily.com/cwnevadas-receivership-might-offer-blueprint-to-other-financially-strapped-marijuana-companies/
Mar
12
Mar
08
An employee of Verano Holdings allegedly took the marijuana on a commercial flight. At least one company targeted in the suit filed in Colorado denies the claims. https://chicago.suntimes.com/cannabis/2021/3/8/22320364/verano-harvest-nature-wellness-frontier-nicholas-nielsen-weed-rico-pot-cannabis
Mar
01
The Windy City Cannabis dispensary is part of Curaleaf’s $830 million of acquisition of Grassroots Cannabis. But with the deal stalled pending regulatory approval, employees say a critical question has gone unanswered: "Who is our boss?" https://chicago.suntimes.com/cannabis/2021/2/24/22300006/weed-st-dispensary-greenhouse-curaleaf-windy-city-cannabis-united-food-commercial-union-local-881
Jan
21
The incoming Biden administration likely presents a more cannabis-friendly U.S. Department of Justice, but that's not likely to alter the U.S. Trustee Program's strong stance against marijuana-tied bankruptcies, experts told Law360. https://www.law360.com/articles/1345062/biden-doj-not-likely-to-open-bankruptcy-up-to-pot-cos
Jan
13
Addressing reporters after he was sworn in, state House Speaker Emanuel "Chris" Welch, 49, said he hadn’t yet had time to digest the historic nature of the day since it’s been a "whirlwind 48 hours." https://chicago.suntimes.com/2021/1/13/22228758/emanuel-chris-welch-five-votes-short-60-needed-illinois-house-speaker
Jan
12
Nevada’s Cannabis Compliance Board has approved a penalty that the board’s executive director says appears to be the largest in state history against a marijuana company. The board approved an agreement at its meeting Tuesday that revokes licenses from CW Nevada, and forces the company to pay $1.25 million in... read more →
Jan
12
Nevada’s Cannabis Compliance Board has approved a penalty that the board’s executive director says appears to be the largest in state history against a marijuana company. The board approved an agreement at its meeting Tuesday that revokes licenses from CW Nevada, and forces the company to pay $1.25 million in... read more →
Jan
12
The newly installed Nevada Cannabis Compliance Board took swift action at its first meeting by penalizing vertically integrated operator CWNevada for a range of regulatory violations. According to the Las Vegas Review-Journal, the board and CWNevada agreed to a settlement regarding an alleged 21 violations of state marijuana regulations. The penalties included: A... read more →
Jan
12
The newly established Nevada Cannabis Compliance Board (CCB) met for the first time on July 21, kickstarting a new era for the state’s industry. Notably, the board signed off on a disciplinary settlement that will revoke six of CWNevada’s 14 business licenses. https://www.cannabisbusinesstimes.com/article/nevada-cannabis-compliance-board-revokes-cwnevada-licenses/
Jan
12
The Nevada Department of Taxation shut two of CWNevada’s three dispensaries as the cannabis company struggles to pay the government, workers and creditors. https://www.reviewjournal.com/news/pot-news/cwnevada-struggling-to-pay-government-workers-and-creditors-1642388/