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Sue Dehnam
Bankrupt High Times Sees Fire Sale of Assets
LOS ANGELES – High Times magazine and the sprawling but bankrupt empire that owns it are for sale piecemeal to whoever offers the most...
Exploring Cannabis Culture: Northern California Launches First-Ever Cannabis Trail
EMERALD TRIANGLE, Calif. – Northern California has introduced The Cannabis Trail, a pioneering travel experience designed to showcase the history and ongoing cultural impact...
Is Rescheduling Imminent?
WASHINGTON – Rumors of an imminent drug policy announcement swept through the industry Tuesday morning after the Associated Press reported the Drug Enforcement Administration...
MedMen Declares Bankruptcy
LOS ANGELES – Five years after its market valuation peaked at about $3 billion, MedMen Enterprises Inc. is bankrupt. The company filed insolvency proceedings...
Disbarred Lawyer Cons Investors Out of $18 Million
BEVERLY HILLS, Calif. – A disbarred lawyer with multiple previous fraud convictions admitted to bilking investors out of $18.4 million to fund a nonexistent hemp...
Delinquent Payments Topped $3.8 Billion in 2023
PORTLAND, Ore. – Cash-starved cannabis operators left more than $3.8 billion worth of bills unpaid in 2023, according to a report from economic research...
New Survey Indicates Strong Support Among Americans for Legalizing Home Cannabis Cultivation
NEW YORK – A recent national survey revealed a significant majority of Americans over the age of twenty-one support the legalization of cannabis cultivation at...
Hip-Hop Icon Xzibit Opens First Dispensary in Bel Air
LOS ANGELES – In a groundbreaking move for the Los Angeles cannabis scene, rap mogul, actor, and entrepreneur Xzibit has launched the first and...
Wholesale Flower Tops $2K per Pound in 3 States
NEW YORK – The average price for a pound of cannabis flower fell 8.1 percent nationally in 2023 to around $995, but cultivators in...
Youngkin Kills Adult-Use Cannabis Retail Bill in Virginia
RICHMOND, Va. – Virginia Gov. Glenn Youngkin vetoed a bill this week that would have established a framework for creating an adult-use retail marketplace...