The co-founders of WM Technology Inc., the parent company of online cannabis marketplace Weedmaps, have submitted an offer to take the company private at $1.70 per share in cash, according to a letter sent to the board of directors on Tuesday. The news sent shares of WM Technology (Nasdaq: MAPS) …
Tag: Investing
Charlie Fox opens largest northeast dispensary in Times Square
Charlie Fox recently opened the doors for its Times Square dispensary, which is now the largest dispensary in the Northeast. Green Market Report‘s executive editor, Debra Borchardt, caught up with Charlie Fox Co-Founder James Mallios to discuss the group’s decision to locate a luxury cannabis dispensary in the heart of …
Alabama cannabis regulators slash business fees by a quarter
The Alabama Medical Cannabis Commission last week decided to roll back “most cannabis business license fees by 25%,” potentially providing some financial relief to business owners who have been waiting months for the market to launch as legal battles over some permits have continued in court. The commission voted on …
STIIIZY faces another suit over marketing to teens, psychosis claims
Twin sisters in California sued cannabis leader STIIIZY last week, alleging its high-potency vaping products and youth-oriented marketing led them to develop cannabis-induced psychosis and drop out of high school. The lawsuit, filed Dec. 12 in Los Angeles Superior Court, claims the company marketed dangerous THC vaping products to teenagers …