California cannabis

The buzz is building around the California cannabis industry as Benzinga prepares to host its highly anticipated Cannabis Market Spotlight event on November 12, 2024, at the House of Blues in Anaheim. With federal cannabis reclassification potentially on the horizon, California's industry insiders...

San Francisco’s City Attorney David Chiu recently filed a lawsuit against a property manager linked to a large-scale illegal cannabis grow discovered in two Bayview warehouses. Nearly 6,000 plants and 300 pounds of cannabis were seized, making this one of the city's most significant...

Ahead of the Benzinga California Cannabis Market Spotlight event this November, it's crucial to understand the history and current status of California’s cannabis industry. As one of the most complex legal markets in the U.S., California has experienced both progress and ongoing hurdles...

Governor Gavin Newsom’s (D) office released an updated report on Tuesday detailing the seizures made by the state’s Unified Cannabis Enforcement Task Force (UCETF). Since July 2024, the task force has confiscated $70.7 million worth of illegal cannabis, bringing the total to over $191...

TYSON 2.0, led by legendary boxer Mike Tyson, is expanding its production and distribution in California through an exclusive licensing partnership with LYT Holdings. This association centralizes TYSON 2.0’s production, sales and distribution in the world's largest cannabis market with LYT...

In a pioneering effort to change the way cannabis products are flavored, Shareef El-Sissi has turned his sights to terpenes, the aromatic compounds responsible for the distinctive smells of cannabis. As SFGATE reported, El-Sissi, former CEO of a cannabis company, founded Terpene Belt Farms in 2017...

As California’s cannabis market faces new challenges and potential regulatory shifts, industry leaders are gathering in Anaheim on Nov. 12 for the Benzinga Cannabis Market Spotlight. Following a packed event earlier this year, this one-day gathering promises vital discussions on the future of...

Editor’s note: This article was updated to correctly state the title of the CCO and co-founder of Cornbread Hemp. A California judge has denied a temporary restraining order (TRO) filed by national hemp advocates and businesses, including Cheech and Chong's Global Holdings, aimed at blocking...

California cannabis company, Lowell Farms Inc. (CSE:LOWL, OTCQX:LOWLF) entered into management services agreements with two cannabis retail dispensaries located in Los Angeles, California. Under the terms of the agreements, Lowell Farms' wholly-owned subsidiary Mercati Dei Fiori, LLC, will assume...

As California's cannabis market expanded after legalization, several leading companies seemed poised for dominance. However, due to mismanagement, regulatory pressures and market saturation, many of these giants have collapsed. Here's a closer look at the industry's most notable failures. Get...

Eaze Technologies, once the largest cannabis delivery company in California, will cease operations by December 31, 2024. In a letter shared on LinkedIn, CEO Cory Azzalino confirmed the company’s closure. “Due to the ongoing challenges of the California cannabis market, the company...

California's recent emergency rules aimed at limiting hemp products have ignited concerns within the cannabis industry. Governor Gavin Newsom's decision to tighten regulations raises questions about how these restrictions will affect the market in California and across the U.S. As one of the...

California's recent emergency regulations targeting hemp-derived products are making waves across the cannabis industry. Governor Gavin Newsom's emergency order has sparked concerns, with businesses questioning the sweeping restrictions and their impact on the state and national markets. Brandon...

California’s recent decision to implement emergency rules severely limiting hemp products has sparked concerns throughout the cannabis industry. Governor Gavin Newsom‘s action is part of a broader regulatory trend that could shape the future of cannabis markets nationwide. As the...

The seizure, which included 2,652 plants, occurred during an enforcement operation in an Oakland neighborhood. The operation, led by the Department of Cannabis Control (DCC), was part of California’s ongoing efforts to combat unlicensed cannabis operations, according to an official statement...