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Big Weed: Consolidation is changing the face of California cannabis

Big Weed: Consolidation is changing the face of California cannabis
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Big Weed: Consolidation is changing the face of California cannabis

Mergers and acquisitions follow the state's "Green Rush" of explosive growth, then falling prices.

United statesSan leandroDesert hot springsHuntington beachCosta mesaSan franciscoOrange countyWest hollywoodFrancisco brownie mary rathbunJose carrilloJosh staniforthAdam cavanaughJeffery floresDavid mcnew gettySanta claraPablo zuanic

Consolidation is changing the face of California cannabis

Facing price pressures and fierce competition, California’s vast and fragmented marijuana industry is consolidating, ushering in the era of Big Weed.

Desert hot springsUnited statesSan leandroSan franciscoPablo zuanicEd schmultsLaurie holcombFrancisco brownie mary rathbunSanta claraAdam cavanaughCannabiz credit associationHarvard business schoolParent companyZuanic associatesKevin courtStatehouse holdings

Big weed: Consolidation is changing the face of California cannabis

Mergers and acquisitions follow the state's "Green Rush" of explosive growth, then falling prices.

Costa mesaUnited statesOrange countySan leandroHuntington beachDesert hot springsSan franciscoWest hollywoodJeffery floresKeith birminghamLaurie holcombAdam cavanaughJose carrilloJosh staniforthEd schmultsPablo zuanic

Instant view: Biden administration plans to reclassify marijuana

(Reuters) - The U.S. Justice Department on Tuesday moved to make marijuana use a less serious federal crime, taking a step to reclassify the drug out of a category that includes heroin in a shift that, once completed, would shake up cannabis policy.

United statesDavid goubertTasim zahidMorgan paxhiaDennis curranEd schmultsMrinalika royEdward conklinTanay dhumalMatt darinUs cannabis councilAcreage holdingsStatehouse holdingsUs justice department onPoseidon investmentExecutive director