"I'm like, 'This guy is literally about to stage a coup'."
In part four of our "Green Rush" series, a business partnership turns sour amid accusations of theft and embezzlement, a takeover of a marijuana processing facility and a botched land purchase.
Wheelhouse Entertainment strikes a deal with TikTok darling Hype House for a new docuseries.
Uber and Lyft are ordered to convert their California drivers to employees with benefits.
SpaceX reveals plans for a Texas spaceport resort in new job ad.
Amazon reportedly wants to use former Sears and J.C. Penny stores as fulfillment centers.
Don't miss tomorrow's Strategy Session on the future of California's cannabis industry: "Is the Green Rush Over?" Register here. It's free!
What Went Down in Adelanto
Our "Green Rush" cautionary tale of Genius Fund takes readers to Adelanto, where two young entrepreneurs allegedly lost control of a state-of-the-art cannabis production facility and millions of dollars from their Russian investor. Read the latest in our series >>
How the WeChat Ban Could Ripple Through Tech
With investments in some of tech's best-known companies, Chinese-owned Tencent is one of the world's wealthiest funders. It's also, along with TikTok, a target of the Trump administration. Read more >>
TikTok Shells Out Cash to LA Creators
TikTok announced today the first receipts of a $200 million creator fund including several Los Angeles-based app stars. Read more updates >>
Our Next Strategy Session: Is the Green Rush Over?
Join us at 11:00 a.m. PST tomorrow for a Strategy Session looking at the current and future marijuana marketplace in California, with experts from Galen Diligence, Harris Bricken Forbes Tate Partners and Rowe Policy Media. Register here >>