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Cannabis Companies To Cease Colorado Operations, Pay Fines After Failure To Disclose Health Risks: AG

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6 months ago

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Cannabis Companies To Cease Colorado Operations, Pay Fines After Failure To Disclose Health Risks: AG

The cannabis brand will stop the operations in Colorado after the investigation, found that it did not reveal the risk to the health of its products and is incorrectly presented for consumers.

On Friday, Colorado Prosecutor Fil Weer, Prosecutor General, announced a resolution with the manufacturers and distributors of the 1906 brand products, as well as his co -founder Peter Badum.

According to the settlement, the company Nuka Enterprises LLC, Sima Sciences LLC and Nuka Properties LLC stop the operations in Colorado and pay the state of $ 400,000.

The companies will have to pay an additional $ 600,000 if they violate the settlement conditions, and the AH office said in a press release that they could allow them to restore operations if certain conditions are fulfilled.

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(Tagstotranslate) Colorado (T) Nuka Enterprises LLC (T) Nuka Properties LLC (T) Sima Sciences LLC

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Colorado

Marijuana Retail Report

Published

1 day ago

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April 1, 2026

By

Marijuana Retail Report



PharmaCann Inc. sent a letter to Colorado labor officials on Friday

PharmaCann Inc. is laying off 132 workers at its North Denver marijuana plant this spring, six months after the business was shut down. acquired by an expanding Minneapolis-based cannabis company.

On Friday, the company sent a letter to Colorado labor officials saying it will close its 5131 Franklin St. site on May 20 and cut 132 jobs there.

At the end of last year, the assets of PharmaCann Inc. in Colorado were acquired by Minneapolis-based Vireo Health Inc. in an all-stock transaction. Vireo valued the shares used in the deal at $49 million.

Vireo has grown to 41 active Colorado dispensaries, the company said.

Read the rest of this article in the Denver Business Journal, Click here

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Cannabis Industry News

Cannabis MSO PharmaCann Closing Colorado & Pennsylvania Cultivation Sites

Published

6 days ago

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March 27, 2026

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Cannabis MSO PharmaCann Closing Colorado & Pennsylvania Cultivation Sites

Chicago-based multistate operator PharmaCann Inc. recently revealed that it is closing its cannabis cultivation operations in Denver, Colorado, one of the largest licensed grow sites in the state, and is also closing a cultivation and production facility in Allegheny County, Pennsylvania.

The company announced the closings to state officials on March 20, as required by federal law, and said the closings and subsequent furloughs will take effect on May 20.

“The entire facility will close on May 20,” the company’s chief manufacturing officer, Nathan Fete, wrote in a March 20 notice to the Colorado Department of Labor and Employment.

“The action is expected to be permanent. Employee layoffs due to this action will take place on May 20.” – Religions, on paper, through it Denver Post

The company is also shedding 162 employees from the Denver site, while 60 jobs will be lost from the Pennsylvania facility, located in Scott Township. PennLive reports.

Meanwhile, PharmaCann appears to be exiting the Colorado market after announcing last December selling its LivWell retail brandincluding leases, licenses, inventory, contracts and intellectual property, for about $49 million to another cannabis MSO, Vireo Health.

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Colorado

Marijuana Retail Report

Published

1 week ago

on

March 26, 2026

By

Marijuana Retail Report



During the month, the 3 largest operators reduced or showed financial difficulties

In less than a month, three of Colorado’s largest cannabis chains have downsized or shown signs of financial struggles, including buyouts, layoffs, supplier lawsuits and closures.

The latest bad news for business came on March 20 when PharmaCann Inc., the Chicago-based corporation that owns LivWell Enlightened Health, announced it would lay off 132 employees as it closes a major growing and processing plant in Denver in May. This came a few weeks after a chain of Colorado dispensaries Native Roots has announced the sale of most of its assetsincluding at least seventeen of the 21 stores — but none of the main grow businesses — of Verdant Capital Partners, an investment firm co-founded by Josh Ginsberg, one of the owners of Native Roots.

LivWell and Native Roots currently have 21 stores each, the most in Colorado, although the future is unclear for Native Roots stores and manufacturing facilities that were not included in the deal. Many employees at the LivWell dispensary also wondered about their employment status.

To read the rest of this article on Westword, Click here

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