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Trulieve Cannabis, Black entrepreneur trade barbs over alleged $24M debt

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Trulieve Cannabis and a Black cannabis entrepreneur in Ohio are leveling accusations at one another over an alleged unpaid debt of nearly $24 million that the Florida-based multistate operator has sued to recover.

Last week, less than two years after a “billion-dollar merger,” Florida-based Trulieve sued Harvest of Ohio, alleging $23.8 million in unpaid debts.

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In October 2021, Trulieve acquired Arizona-based Harvest Health & Recreation in an all-stock deal that allowed Trulieve to expand to 11 states.

According to Benzinga, the deal also meant “financially assisting” four Ohio-based Harvest cannabis businesses, which won licenses in part because of preferential licensing for social-equity applicants.

Harvest of Ohio – the parent company also known as the Harvest of OH Companies – operates three retail medical cannabis dispensaries as well as a cultivation license.

Trulieve filed a complaint against Harvest July 14 in the Franklin County Court of Common

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Long shot adult-use legalization effort launches in anti-marijuana Idaho

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Advocates in Idaho, arguably the least-cannabis-friendly state in the United States, are laying ambitious plans to skip over medical marijuana and go straight to adult use.

At least, that’s the goal of the proposed 2026 ballot initiative that campaign organization Kind Idaho recently filed with Idaho’s secretary of state, according to The Inlander.

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Campaigners would have until April 2026 to collect roughly 70,000 valid signatures from registered voters.

It’s anybody’s guess who might be willing to support such an effort.

Campaigns in 2022 and 2024 failed to get medical marijuana on Idaho’s ballot.

And recent adult-use legalization efforts in red states such as North Dakota and South Dakota have repeatedly failed.

Those were funded by existing medical marijuana businesses, and Idaho has

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Marijuana firms Eaze, Green Dragon find new life after $10 million capital infusion

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Newly rebranded California-based marijuana operator Eaze raised $10 million to acquire select assets of Eaze Technologies, its predecessor company, to fund the reopening of 70 Eaze and Green Dragon locations across California, Colorado, Florida and Michigan.

The now-defunct Eaze Technologies, which purchased Denver-based Green Dragon about three years ago, announced in October that it would close its Colorado and Florida operations.

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Billionaire Jim Clark, founder of defunct tech company Netscape, provided the funding, which was announced Tuesday, and now has controlling ownership of the new entity, Eaze.

CEO Cory Azzalino said the company does not intend to reimagine its business model, which it shifted four years ago from a delivery platform to a plant-touching entity.

“The focus going forward will be continued expansion

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Oregon voters approve pro-labor change to state cannabis law

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Voters in Oregon appear to have approved an organized labor-friendly change to state cannabis law that’s had mixed results in other states.

With more than 80% of ballots counted, 55.7% of state voters cast yes ballots on Measure 119, which will require cannabis operators in the state to submit a “labor peace agreement” to regulators before receiving or renewing business permit, Oregon Public Broadcasting reported.

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The voter initiative’s main sponsor was the United Food and Commercial Workers (UFCW) Local 555, which spent more than $2.8 million on the campaign after a failed attempt to impose a labor peace agreement (LPA) requirement through the state Legislature.

Several other states, most notably California, require cannabis businesses to have an LPA as part of licensing

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