Legal Affairs2020-11-19T22:21:35-08:00

Legal Affairs

StateHouse Goes Into Receivership With $100 mm In Debt

LOS ANGELES- Pelorus Fund REIT has filed a request with a California court to place StateHouse Holdings, a vertically integrated cannabis operator, into receivership following the company’s default on four loans. Pelorus, a private mortgage ...

Georgia’s Hemp Industry Faces New Regulations

LOS ANGELES- The Georgia Hemp Farming Act, which introduces new age restrictions and regulations for hemp products, took effect on October 1. The law prohibits the sale, purchase, and possession of consumable hemp products for ...

California Legalizes Cannabis Cafes

LOS ANGELES- California Governor Gavin Newsom has signed a bill legalizing cannabis cafes, where consumers can enjoy cannabis alongside food, drinks, and live performances. This move, which aligns California with cannabis cafe models seen in ...

Vermont Halts New Cannabis Retail Licenses

LOS ANGELES- Vermont's Cannabis Control Board has temporarily stopped accepting new retail cannabis license applications, citing concerns about market saturation in certain regions. The pause, which takes effect on October 25, comes after issuing just ...

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