Marijuana firms Eaze, Green Dragon to relaunch after $10M infusion
Newly rebranded California-based marijuana operator Eaze raised $10 million to acquire select assets of Eaze Technologies, its predecessor company, to fund the reopening of 70 Eaze and Green Dragon locations across California, Colorado, Florida and Michigan. The now-defunct Eaze Technologies, which purchased Denver-based Green Dragon about three years ago, announced in October that it would […]
California cannabis farmers call 2024 ‘best harvest season’
California cannabis farmers growing their plants under the sun said the weather cooperated during the 2024 growing season. A cold, wet spring followed by a hot, dry summer with fewer wildfires combined to improve yields – and, potentially, prices. Sun-grown marijuana is celebrated for its rich terpene profiles and earthy, distinct aromas, which enthusiasts often […]
Cannabis business leaders cite military lessons as building blocks for success
Known for their discipline, leadership and problem-solving abilities, military veterans are finding a new battlefield in the regulated cannabis industry. Veterans’ unique skill set, honed through years of military training and experience, is an asset in the rapidly growing industry not always associated with professionalism. “Adaptability, teamwork and a good sense of humor are important […]
Facing receivership, marijuana firm StateHouse enters bankruptcy
San Diego-based marijuana operator StateHouse Holdings has entered bankruptcy in Canada after its main lender asked that the company be placed in a receivership. The move comes after Pelorus Fund REIT, a private mortgage real estate investment trust and StateHouse’s largest lender, asked a California court in September to place StateHouse in receivership after the […]