Sweet Flower Cannabis Network Grows in LA

Breanna De Vera

Breanna de Vera is dot.LA's editorial intern. She is currently a senior at the University of Southern California, studying journalism and English literature. She previously reported for the campus publications The Daily Trojan and Annenberg Media.

Sweet Flower cannabis

Cannabis chain store Sweet Flower saw customer consumption double during the anxiety-inducing pandemic and it's riding the green rush with plans to expand across the state.

The dispensary and delivery service just closed a $15 million Series A round led by AFI Capital Partners as it prepares to launch its flagship store in Culver City, on 1000 Culver Boulevard, in early summer and build out its footprint.


The three-year-old retailer will use its downtown L.A. location, which is licensed for manufacturing, cultivation and distribution, to expand Sweet Flower's products.

Because of stay-at-home orders and a shift toward ecommerce, cannabis has also seen a move toward delivery and edibles, said Sweet Flower chief executive Tim Dodd. Sweet Flower doubled its revenue in 2020, but Dodd doesn't see in-person shopping stopping entirely.

"With COVID hopefully easing, we are delighted to see more customers in-store and enjoying our in-store experience and, as we more fully emerge from COVID, our upcoming series of COVID-sensitive, well-curated events and collabs in-store," said Dodd in an email.

Sweet Flower currently has four other locations in Westwood, Studio City, the DTLA Arts District and on Melrose Avenue. The upstart was also scheduled to open a location in Pasadena, however the city denied its application. The company then sued the city, joining several other competitors suing Pasadena, according to the Pasadena Star News.

California was the first state to legalize medical cannabis, and in 2016, legalized it for recreational use. Other states are following suit.

Recently, New York lawmakers put together a bill to create a licensing and taxation system for selling recreational marijuana. The bill is slated to be voted on Wednesday, to allocate budget for it by April 1.

"We remain focused on California, our home — for now — given the state's early, vibrant and complex market adoption, there is still a lot of running room here," said Dodd. "We love NY and believe Sweet Flower — as the future retail state of cannabis — would be a great brand fit for this market."

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Energy Shares Wants to Offer You a Chance to Invest in Green Energy Startups

David Shultz

David Shultz reports on clean technology and electric vehicles, among other industries, for dot.LA. His writing has appeared in The Atlantic, Outside, Nautilus and many other publications.

Energy Shares Wants to Offer You a Chance to Invest in Green Energy Startups
Photo by Red Zeppelin on Unsplash

The Inflation Reduction Act contains almost $400 billion in funding for clean energy initiatives. There’s $250 billion for energy projects. $23 billion for transportation and EVs. $46 billion for environment. $21 billion for agriculture, and so on. With so much cash flowing into the sector, the possibilities for investment and growth are gigantic.

These investment opportunities, however, have typically been inaccessible for everyday retail investors until much later in a company’s development–after an IPO, usually. Meaning that the best returns are likely to be captured by banks and other institutions who have the capital and financing to invest large sums of money earlier in the process.

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Aisha Counts
Aisha Counts is a business reporter covering the technology industry. She has written extensively about tech giants, emerging technologies, startups and venture capital. Before becoming a journalist she spent several years as a management consultant at Ernst & Young.
Why These Ukrainian Entrepreneurs Are Making LA Their Home
Joey Mota

Fleeing war and chasing new opportunities, more than a dozen Ukrainian entrepreneurs have landed in Los Angeles, finding an unexpected community in the city of dreams. These entrepreneurs have started companies that are collectively worth more than $300 million, in industries ranging from electric vehicle charging stations to audience monetization platforms to social networks.

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