cannabis


The Latest

Landlords of cannabis production facilities and dispensaries are outperforming the market (Getty, iStock)

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...

Retail sales are bleak, unless you’re selling pot
Smoke Tokes was one business that burned over the weekend (Credit: APU GOMES/AFP via Getty Images)

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...

Federal investigators probe large fire at cannabis products warehouse
Renderings of what Pacific Collective had planned (Credit: Pacific Collective)

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...

Force majeure lawsuit over LA land deal is simply an act of cold feet, ExxonMobil says
Real estate in states where cannabis use is legal is in high demand compared to states where use is illegal. (Credit: Pixabay)

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...

Cannabis legalization drives demand for warehousing and retail: study
Adam Bierman

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...

Struggling cannabis retailer MedMen dumps REIT stake
Ramtin Ray Nosrati and a rendering of a cannabis lounge at one of his properties (credit: Huntington Estate Properties)

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....

Agents and developers embrace high society cannabis culture
Council President Herb Wesson

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...

High-ly suspect: LA Council president wants to halt pot shop licensing; calls process “unfair”
Richard Bloom and a rendering of Lowell Farms Cannabis Cafe (Credit: Lowell Farms, iStock)

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...

Cannabis lounges bloom in WeHo, and not everyone is happy
Green Sage founder Ken Greer , Lotus Property CEO Faisal Ashraf, and the Cannery on San Leandro Street 

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...

From cannery to cannabis: Oakland redevelopment project lands big loan
A rendering of Lowell Farms Cannabis Cafe (Credit: Lowell Farms, iStock)

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...

Nation’s first cannabis cafe could open in West Hollywood next month
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