Retail sales are bleak, unless you’re selling pot
Though many retailers saw sales nosedive through the pandemic, marijuana product sales remained steady — and even saw gains...
cannabis
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Federal investigators probe large fire at cannabis products warehouse
Federal authorities have joined an arson investigation into Saturday night’s explosion at a downtown Los Angeles cannabis products warehouse...
Force majeure lawsuit over LA land deal is simply an act of cold feet, ExxonMobil says
A lawsuit filed in Los Angeles County may test which real estate deals can be voided due to the...
Cannabis legalization drives demand for warehousing and retail: study
Green makes green, apparently. Investors can’t get enough warehouse, retail, and land in states that have legalized recreational cannabis...
Struggling cannabis retailer MedMen dumps REIT stake
MedMen Enterprises’ national cannabis retail strategy is going up in smoke. And to trim costs, it’s selling its interest...
Agents and developers embrace high society cannabis culture
Homesellers and spec developers in Los Angeles are embracing a growing haute-cannabis culture to attract buyers to their spreads....
High-ly suspect: LA Council president wants to halt pot shop licensing; calls process “unfair”
Los Angeles’ efforts to introduce cannabis retail stores through licenses has been far from pain-free, with blackmarket sellers popping up faster than law enforcement...
Cannabis lounges bloom in WeHo, and not everyone is happy
In a few weeks, Lowell Cafe will open its doors in West Hollywood, claiming to be the nation’s first...
From cannery to cannabis: Oakland redevelopment project lands big loan
A real estate investment firm scored a $55 million loan for its plan to redevelop a former fruit cannery...
Nation’s first cannabis cafe could open in West Hollywood next month
Diners will soon be able to have a joint alongside their morning coffee in Los Angeles. The owners behind...
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