Category Archives: Nevada marijuana

4Front, Blog, Briefs, CWNevada, kris krane, Legal & Regulatory News for Marijuana Businesses, Nevada marijuana, News, NuVeda, United States

Arbiters award 4Front Advisors $8.7M in dispute with Nevada cannabis firms

Posted on by Speed Weed
07
Feb

4Front Advisors, part of the Arizona-based multistate marijuana firm 4Front Holdings, won an $8.7 million arbitration award against Nevada-based CWNevada and NuVeda for breach of contract in failing to pay fees for services provided. Kris Krane, 4Front Holdings’ co-founder and president, told Marijuana Business Daily the award validates 4Front Advisors’ work in helping the two […]

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Blog, Briefs, Legal & Regulatory News for Marijuana Businesses, Nevada marijuana, Nevada Medical Cannabis Business & Marijuana Legal News, News, United States

Nevada high court dismisses liquor firms’ adult-use marijuana distribution suit

Posted on by Speed Weed
09
Dec

The Nevada Supreme Court dismissed a lawsuit that would have required the state to license only alcohol wholesalers as distributors of recreational marijuana. The decision doesn’t have an immediate effect, but “when we decide to open up more (distributor) applications, it will allow us to select from a broader range of applicants,” said Stephanie Klapstein, […]

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Blog, Briefs, Dispensary/Retail Store Business News, Green Thumb, marijuana cultivation, Nevada cannabis, Nevada marijuana, Nevada Medical Cannabis Business & Marijuana Legal News, News, United States

Green Thumb Industries buys Nevada cannabis business in $290 million deal

Posted on by Speed Weed
22
Nov

Green Thumb Industries (GTI), a multistate marijuana company, has agreed to purchase a Nevada-based, vertically integrated cannabis company in a stock and cash deal valued at about $290 million. The deal expands Chicago-based GTI’s footprint in Nevada, home to one of the fastest-growing, adult-use MJ markets in the nation. The acquisition includes: Three retail stores in […]

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Canadian marijuana cultivator Flower One buys Nevada MJ firm for $27 million

Posted on by Speed Weed
11
Oct

Canadian marijuana cultivator Flower One Holdings agreed to purchase a Nevada cannabis cultivation business for $27 million, expanding the Toronto-based company’s footprint in the Silver State’s rapidly growing MJ industry. With the purchase of 100% of Las Vegas-based NLV Organics, Flower One (Canadian Securities Exchange: FONE) gains a 25,000-square-foot cultivation and production facility in North Las Vegas, […]

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Blog, Briefs, CWNevada, Legal & Regulatory News for Marijuana Businesses, Nevada marijuana, Nevada Medical Cannabis Business & Marijuana Legal News, News, United States, wana brands

Nevada marijuana business faces flurry of financial fraud suits

Posted on by Speed Weed
11
Sep

CWNevada, one of Nevada’s largest cannabis companies, has been sued for alleged fraud, failure to repay millions of dollars to its lenders and misusing intellectual property. “While local and national media outlets report on the unprecedented success of Nevada’s regulated marijuana market, CWNevada management has managed to run the business into the ground,’’ claimed a […]

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