Author: Solomon Israel

[ad_1] Canadian retail chain Fika Cannabis won an auction for insolvent retailer Fire & Flower Holdings. Fika and Fire & Flower have undertaken a subscription agreement with a Sept. 8 closing date, subject to court approval, Fire & Flower announced in a Thursday news release. The exact Fire & Flower assets to be acquired by Fika after the Tuesday auction were not disclosed, nor was the value of the winning bid. Both companies are headquartered in Toronto. Fire & Flower is a major presence on Canada’s legal cannabis retail scene, operating more than 90 stores. In June, the money-losing retailer…

[ad_1] Employees at two Illinois marijuana retail locations owned by multistate operator Verano Holdings ratified collective bargaining agreements, according to the International Brotherhood of Teamsters. The contract ratifications at Zen Leaf stores in the Pilsen neighborhood of Chicago and the Village of Lombard come after workers at both stores voted last year to join the Teamsters. Workers at the Lombard store voted in favor of unionization in February 2022; employees at the Pilsen location voted to join the union in August 2022. “The workers at the Pilsen and Lombard locations worked incredibly hard and demonstrated remarkable tenacity, and that’s why…

[ad_1] The owner of a Pennsylvania CBD store has been arrested and charged for allegedly selling products containing delta-8 THC. Michael Deangelo, owner of Hollidaysburg retailer Our CBD Store, faces felony and misdemeanor charges after selling delta-8 THC products to an undercover police officer, the Altoona Mirror reported. The arrest over hemp-derived THC products “has helped trigger consternation and uncertainty about the legality of those items,” according to the Mirror. “Some county district attorneys have systematically moved against shops that sell products containing delta-8 and similar potentially psychoactive substances,” the newspaper continued. Store owner Deangelo told Altoona TV station WTAJ…