California

Fri
27
Jul

Cannabis Business Summit draws thousands to Silicon Valley

The sweet smell of success could be detected in the South Bay on Thursday as the Cannabis Business Summit and Expo brought dozens of companies and thousands of attendees to the San Jose McEnery Convention Center.

Nearly 6,000 people are expected to come through the three-day event that started Wednesday and features everything from the latest in weed-growing technologies to companies working on helping marijuana-related startups get venture financing. Several attendees said the marijuana scene Thursday reminds them of the early days of the Bay Area tech boom.

Thu
26
Jul

Behind CSX-listed Golden Leaf Holdings' drive to become a leading U.S. cannabis player

Golden Leaf, which has made acquisitions in Nevada and California, believes it will be in an excellent position once the U.S. eases restrictions on marijuana.

For the time being, all that Oregon-based, CSX-listed Golden Leaf Holdings can do is reflect on the possibilities — while it goes about building its cannabis business on both sides of the border. And the possibilities are enormous even if they are largely dependent on the U.S. government easing restrictions on marijuana. When that decision is made, Golden Leaf, which has made acquisitions in Nevada and California, believes it will be in an excellent position to take advantage.

Wed
25
Jul

Cannabis, coworking, and the marijuana-industry land rush

Legal weed could be a $75 billion business by 2030.

In Los Angeles, a pair of soon-to-open coworking spaces will offer a twist on the formula popularized by behemoth WeWork and The Wing in New York City. Though they boast whiteboards and shared workspace, host regularly scheduled meet-ups and speaking events, and even offer access to advisers and investment capital, these LA incubators aren’t about computers—they’re about cannabis.

Wed
25
Jul

Veterans Affairs shuns medical marijuana, leaving veterans to improvise

Some of the local growers along the coast here see it as an act of medical compassion: Donating part of their crop of high-potency medical marijuana to ailing veterans, who line up by the dozens each month in the echoing auditorium of the city’s old veterans’ hall to get a ticket they can exchange for a free bag.

One Vietnam veteran in the line said he was using marijuana-infused oil to treat pancreatic cancer. Another said that smoking cannabis eased the pain from a recent hip replacement better than prescription pills did. Several said that a few puffs temper the anxiety and nightmares of post-traumatic stress disorder.

Tue
24
Jul

Recreational cannabis market brings corporate competition, consolidation

During the Gold Rush, it was the merchants selling sifting pans who struck it rich and not the legions of 19th century fortune seekers looking for wealth in California’s rivers.

Santa Rosa brothers Rick and Jason Barretta applied that wisdom to the nascent marijuana industry about 10 years ago when they opened Santa Rosa Hydroponics and Grower Supply in a dilapidated old flower shop on Highway 12 in Rincon Valley. The industry boomed, and so did their business, expanding to a 3-acre property and warehouse in southwest Santa Rosa and reaching annual revenues north of $10  million.

Mon
23
Jul

California aims to prevent marijuana-use discrimination: Start of a trend?

If this bill passes, medical marijuana users in California will be classified as a protected class and employers will be unable to discriminate against them because of their marijuana usage.

While the California Supreme Court has made it clear employers don’t have to accommodate medical marijuana use, AB 2069 would prohibit employers from discriminating against workers based on their status as card-carrying medical marijuana user by placing them in a protected class.

Thu
19
Jul

California considers legalizing cannabis delivery to towns that have banned dispensaries

Currently, cannabis businesses are only permitted to operate in roughly 144 out of 482 cities in the state.

In California, newly proposed regulations would finally provide cannabis access for those living in a county or city with cannabis bans in place.

Wed
18
Jul

California bans hemp-derived CBD from all food products

California health authorities dealt a blow to the burgeoning CBD industry by banning preparations of CBD derived from industrial hemp rather than psychoactive cannabis. The decree adds to the legal confusion around the cannabinoid and highlights the need for greater clarity from authorities at both the state and federal level.

Despite the fact it has received little media attention, a recent decision from Sacramento bureaucrats has potentially far-reaching implications for the cannabis industry — and for patients who have come to rely on CBD to treat a wide range of ailments.

Tue
17
Jul

High Hampton hires Aurora Cannabis unit for marijuana grow facility in Coachella

With recreational marijuana legal in California for seven months, companies are still jockeying for positions in what will be the world's biggest pot market. CoachellaGro, a California-based subsidiary of Toronto's High Hampton Holdings (CSE:HC), is one such company.

CoachellaGro has a conditional use permit for a full-service production facility in order to serve third party state licensed medicinal marijuana operators. The company intends to construct a 254,000 square-foot greenhouse facility in the cannabis industrial park in Coachella, California.

Tue
17
Jul

California college paying people to smoke cannabis and virtually drive for study

If you have a history of consuming cannabis, there’s still spots available to get paid to drive high.

In an effort to better understand the ways cannabis use impacts traffic safety, UC San Diego is conducting a virtual driving study that tests how driving high impacts the ability to respond to common challenges on the roadway.

he study, the largest of its kind to date, is being conducted by the college’s Center for Medicinal Cannabis Research. And to make sure they’re attracting the right candidates, researchers are paying people to smoke weed for the study.

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