Marijuana Official Describes ‘Very Real Damages’ During Nevada Cannabis Licensing Hearing

A marijuana industry executive testified Monday that his company is losing up to $1.5 million per month because of a cannabis license injunction hearing that could go into August. “As I sit here today, I’m losing $1.5 million or more per month on a mothballed facility,” said Bob Groesbeck, co-CEO of Planet 13 Holdings Inc. and the former mayor of […]

July 16, 2019 · 0 comments · Feature Article, investing