California

Wed
18
Sep

California pledges $20 million to public awareness campaign against vaping

California will spend $20 million on a public awareness campaign about the dangers of vaping nicotine and cannabis products and step up efforts to halt the sale of illicit products amid a rise in vaping-related illnesses.

Democratic Gov. Gavin Newsom announced the actions Monday as part of an executive order.

Mon
16
Sep

Hemp farmers face $7.5B in losses as banks struggle to come to terms with CBD

A dramatic rise of hemp planted this year has been seen around the world and in particular the US, with 46 states having licensed farms since the US Farm Bill was passed in December of 2018. The potential for the US market alone is astronomical ($8.5 billion USD), but there isn't enough processing equipment installed to handle 90% of this year's harvest. The fear is that $7.5 billion dollars of hemp will be rotting in farmer's fields this fall.

Fri
13
Sep

California’s illegal cannabis industry three times bigger than regulated market

​It has been nearly three years since California voters overwhelmingly approved a measure legalizing recreational marijuana use, opening the door for boutique pot shops and cannabis bakeries. But a report this week found that the state’s illicit market is still plenty active in its own right.
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Thu
05
Sep

LA cracks down on its massive black market. Will it be enough?

The City of Los Angeles recently launched a massive crackdown on black market cannabis businesses, including cultivation operations, extraction labs, and delivery companies across the city. In Los Angeles, a charge of unlicensed commercial cannabis activity within the city carries a potential sentence of six months in jail and $1,000 in fines.

Tue
03
Sep

Advocates push workers’ right to cannabis use

If you use cannabis on your own time in a state where it is legal, should that be grounds for terminating your employment or rejecting your application for a job? Advocates are starting to say no, and demanding action to protest workers’ rights to use cannabis without the fear of the sack and unemployment.

Some states have already made progress in this direction. Yet California, which led the way toward opening legal space for cannabis with the Propositio 215 medical marijuana initiative in 1996, is not among them. Neither 215 nor the Prop 64 adult-use legalization initiative exactly 20 years later provided any such protections.

Mon
02
Sep

California is the friendliest state for marijuana businesses, law firm analysis finds

California’s cannabis regulations are the most business-friendly in the nation, according to an analysis conducted by the legal firm Thompson Coburn LLP.

The firm recently produced a “holistic state-by-state ranking guide that breaks down how favorable each state’s cannabis regulations are to businesses,” that put California at the top of the list of all 50 states plus Washington, D.C., according to a statement released on behalf of the firm.

Wed
28
Aug

Wholesale cannabis prices rise in legalized States

The wholesale market for legal cannabis is marked by great regional variation, but the oversupply that has sent prices plummeting in Oregon and other Western states has not been able to dampen the general upswing on the national level. 

Wed
28
Aug

California Assembly passes Bill allowing medical cannabis on school campuses

On Monday, the California House of Representatives approved a bill that will let school boards decide whether parents will be allowed to give their kids medical marijuana on campus. Currently, students must leave campus to consume their meds, which critics say is a risky policy.

The state assembly’s decision does not apply to smokeable cannabis. The legislation will now go to the state senate for approval. Last year, ex-Governor Jerry Brown vetoed Jojo’s Act, a similar bill named after a San Francisco High School student and medical marijuana patient, after it had passed both the state House and Senate.

Mon
26
Aug

California cannabis taxes tick up, but miss initial projections

When it comes to tax money from marijuana sales, California is living with diminished expectations.

The state pulled in $74 million in cannabis excise taxes between April and June, after the administration of Gov. Gavin Newsom sharply scaled back projected tax dollars from the shaky legal market.

Government analysts once projected that California would be flooded with tax money from the legal pot economy — $1 billion annually within a few years of launching the world’s largest market in 2018.

But multiple problems conspired to depress early sales, including a shortage of licensed places to buy it, a wobbly supply chain and the perseverance of a tax-free, illicit marketplace.

Mon
26
Aug

Alcohol vs cannabis, which taxes help society more?

The potential tax revenue from the legalization of cannabis has been at the center of the argument between republicans and democrats. Proponents of legalization say states who haven’t legalized cannabis should look at the revenue generated from alcohol and other sin taxes as a window into what could be. 

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