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License revoked for California vape maker Kushy Punch after state seizes $21 million worth of products

by Bart Schaneman | Nov 22, 2019 | Business, Cannabis Industry, Cannabis News

California cannabis regulators have revoked the business license of well-known vaporizer brand Kushy Punch after the company was raided last month and found to be operating from an unlicensed facility. After receiving a complaint about illegal cannabis activity at a...

Major cannabis firm MedMen slashes more than 190 jobs, unloads assets to bolster bottom line

by Bart Schaneman | Nov 15, 2019 | Cannabis Investing, Cannabis News

MedMen, a Los Angeles-based multistate marijuana operator, announced it is laying off more than 190 employees to shore up its bottom line, joining a growing list of cannabis companies shedding workers amid falling MJ stock prices and a dearth of outside funding. The...

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