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- California's Gold Flora files for receivership
California's Gold Flora files for receivership
Plus, weed in movie theaters?
Jeremy Berke
March 31, 2025
Good morning and happy Monday.
Start your week off right — catch us Live today at 10 AM where we’ll be joined by Nicolas Guarino of Jaunty and Vince C. Ning of Nabis to talk about revisions to New York State's excise tax payment schedule for cannabis operators.
You can watch it on our LinkedIn page (and give us a follow while you’re there).
-JB & JR
This newsletter is 257 words or about a 3.5-minute read.
🚀 Deals, launches, partnerships
Cannabis company Gold Flora Corporation, which operates in California and merged with The Parent Company (TPCO Holding Corp.) in 2023, has filed for voluntary receivership, the company said.
The Tokin’ Jew, a Jewish-owned cannabis brand, says it launched the first Kosher-for-Passover THC gummies. Read more.
🏃♂️ People moves
Dasheeda Dawson is leaving Cannabis NYC, a city agency designed to support the burgeoning industry, she said on LinkedIn. Dawson was the agency’s founding Executive Director and served in the role since 2022.
Vertosa, an ingredient supplier for cannabis beverage companies, said it appointed Diana Eberlein as Chief External Affairs Officer. She was formerly president of the Cannabis Beverage Association.
💰 Earnings roundup
Planet 13 Holdings reported its fourth-quarter financial results. The company lost $26.4 million on $116.4 million of revenue. Read more.
😜 One fun thing
One radical idea to get people back into movie theaters? Selling weed. Read the story from Variety.
📰 What we’re reading
The Marijuana Laffer Curve | Wall Street Journal
Minnesota could license hundreds of marijuana retailers, cultivators in coming months | The Minnesota Star Tribune
What did you think of today's Cultivated Daily? |