California

Thu
12
Mar

California's Cannabis Tax Revenues Top $1 Billion

The cannabis market in California has generated more than $1 billion in revenue for the state since January 2018, when adults were first able to legally buy pot there for recreational use. Prior to full legalization, the California Legislative Analyst's Office, which is tasked with advising the legislature on policy and fiscal issues, estimated that at its peak, the cannabis industry could generate $1 billion in tax revenues annually in the state. 

For comparison, Colorado hit a total of $1 billion in tax revenue from pot sales only last year, after legal cannabis had been available for more than five years. 

Thu
12
Mar

How Hollyweed Is Helping Push Cannabis Forward

With so many celebrities, politicians, athletes, and other high-profile personalities entering the industry, some are concerned that they are just cashing in on the business. Not me. As we cannabis entrepreneurs trudge through the mud to take the plant mainstream, a lot of our blood, sweat, and tears are poured into breaking the stigma it has carried for many years. A little assistance from Hollywood to help change the zeitgeist is more than welcome.

Wed
11
Mar

California passes $1 billion in cannabis tax revenue two years after launching legal market

California has raised $1 billion in cannabis tax revenue since the industry kicked into gear in January 2018, according to figures recently released by the state.

The bulk of that $1.03 billion in tax money, after covering regulatory costs, has been spent on programs such as child care for low income families, cannabis research, public safety grants and cleaning up public lands harmed by illegal marijuana grows.

While industry insiders and advocates are celebrating those numbers, they’re also raising a flag about stagnating revenues and ongoing layoffs. Those hurdles, many say, can be fixed if regulators make key changes, including a seemingly counter intuitive push to lower the state’s cannabis tax rate.

Tue
10
Mar

California Brand Caught Illegally Growing Ordered To Pay $1.1M Settlement

Monterey County District Attorney Jeannine M. Pacioni announced today that her Cannabis Enforcement Unit has reached a settlement with the owners and operators of California’s Top Shelf and California’s Top Shelf Family for various violations related to a failed cultivation site at 25950 and 26000 Encinal Road in Salinas in September 2018.    

Thu
05
Mar

InSpire Transpiration Solutions Advances Energy Efficiency in Cannabis Cultivation with Sustainable Dehumidification System

InSpire Transpiration Solutions, an HVAC products and services provider in the controlled environment horticulture industry, is leading energy efficiency efforts in the cannabis cultivation space. The company has incorporated innovative sustainable dehumidification technology into its HVAC system designs. InSpire's patent-pending technology can help cultivators reduce heating, ventilation and air conditioning (HVAC) operating expenditures by as much as 30 to 50 percent. InSpire's Chief Technology Officer, Robbie Batts, presented on this technology and other best practices in HVAC on a panel last week at the Resource Innovation Institute's Indoor Agriculture Energy Solutions Conference. 

Thu
05
Mar

Humboldt County program takes cannabis code enforcement to 'new heights,' wins award

HUMBOLDT, Calif. — Humboldt County has taken its code enforcement of illegal cannabis grows to thousands of miles above the Earth, according to the California State Association of Counties.

The Humboldt County Planning and Building Department is using satellite footage to come across grows that are not in compliance through the Humboldt Environmental Impact Reduction Program, a press release said. The Humboldt County Board of Supervisors will receive the CSAC Challenge Award on March 10 for the program.

Wed
04
Mar

Federal prosecutors investigate California marijuana companies in wide-ranging probe

Federal prosecutors have launched a probe of cannabis companies in California, seeking a batch of records held by a startup that functions as a Yelp for marijuana dispensaries, according to a grand-jury subpoena reviewed by MarketWatch.

Criminal prosecutors in the U.S. attorney’s office for the Eastern District of California ordered the production of records from Ghost Management Group LLC, which owns a subsidiary called Weedmaps that provides an online directory of cannabis retailers. Weedmaps’ online services allow pot consumers to rate and compare stores, find deals and place orders for delivery.

Tue
03
Mar

Gold Flora Announces First Planting At Its New California Cannabis Campus

Gold Flora, a vertically integrated cannabis company in California, announced it has started cultivating in its new, state-of-the-art cannabis campus in Desert Hot Springs, California. The grow encompasses over 35,000 sq ft and utilizes the latest in cultivation technology.

The company began construction on Gold Flora Farms over three years ago and recently complete Phase One – a 200,000 sq ft, full-service campus that hosts premium, compliant cannabis brands and companies representing all sectors of the market, including cultivation, extraction, manufacturing, packaging, testing and distribution.

The company plans on expanding to 620,000 sq ft during the next two phases of construction.

Fri
28
Feb

The Complex Issue of Cannabis Business On Tribal Land

Throughout history, cannabis was regulated by federal law on reservations, so it was generally illegal. But after the 2013 Cole Memo, the topic of cannabis on tribal land and how it ties into the tribe’s government autonomy became increasingly prevalent.

Tue
18
Feb

Los Angeles County To Dismiss 66,000 Cannabis Convictions

Almost 66,000 marijuana convictions in Los Angeles County are being dismissed, according to a Thursday announcement by District Attorney Jackie Lacey and the group Code for America.

The convictions fall under the category of those eligible for relief under Proposition 64.

The dismissals are the final stage of the five-county Clear My Record pilot program, which also includes San Francisco, San Joaquin, Contra Costa, and Sacramento counties. 

Collectively, these pilot programs should dismiss more than 85,000 marijuana convictions eligible for relief under Proposition 64.

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