Because there is a dwindling number of states that haven’t legalized medical and/or recreational marijuana, it is easy to be fooled into believing opportunities to get a cannabis business license would likewise be shrinking. Opportunities abound, however. The question is, where? Often in mature markets such as California, Colorado, Michigan, Oregon and Washington state, many […]
The Empire Cannabis Club, known for its bold fight to keep open an unlicensed cannabis operation in New York City, has filed for bankruptcy. The Elfand Organization, also known as Empire Cannabis Clubs, filed for Chapter 11 in the Southern District of New York on Dec. 2. Empire listed six addresses for the company and […]
A brokerage firm has listed for sale the assets of California cannabis operator StateHouse Holdings in what could be the industry’s “largest receivership deal,” MJBizDaily has learned. The portfolio for San Diego-headquartered StateHouse includes several brands, business licenses and retail outlets throughout the state. StateHouse formerly was known as Harborside, a legacy California marijuana operator […]
California-based Blüm Holdings Inc. (OTCQB: BLMH) reported a net loss of $3.3 million for its third quarter of the year, down year-over-year from the $23.8 million in net income the company reported for the same period in 2023. A partial factor in Blüm’s troubles is the insolvency of its subsidiary, Unrivaled Brands, which filed a […]
