California

Tue
23
Nov

String of Bay Area high-profile retail robberies brings calls for action

Stores hit by groups of thieves in Walnut Creek, SF, San Jose, Hayward; ‘roving caravans’ target pot dispensaries, pharmacies in Oakland

Bay Area law enforcement authorities and retail officials expressed shock and concern Monday after a string of brash public robberies over the weekend saw groups of people — as many as 80 in one case — swarm stores, grab merchandise and flee while the holiday shopping season is in full swing.

In Oakland, roving caravans of armed robbers hit marijuana dispensaries and other retail shops and pharmacies across the city, often forcing their way in by gunfire, according to police Chief LeRonne Armstrong.

Tue
23
Nov

Competitive California Cannabis Market Pushing Growers to Go High Tech

cannabis leaf with bottle

Wave Rider Standardizes on MegaDriveÂź LED system by California Lightworks

Pressure on cannabis prices is pushing California greenhouse cannabis cultivators to adopt cutting-edge supplemental lighting technology. This comes as cultivators must also grapple with the impending California Title 24 Energy Code requiring high-efficiency lighting for new indoor and greenhouse operations.

Sunny Salinas California's cannabis cultivator Wave Rider Nursery, which spans 231,000 sq. ft., just standardized on California Lightworks' MegaDriveŸ LED lighting system. The traditional greenhouse was transitioned to cultivate cannabis and has been in operation for over four years.

Tue
23
Nov

As California prepares to raise marijuana tax, a top cannabis CEO calls for tax revolt

tax forms

Fresh off of news that California is set to raise the cannabis cultivation tax despite projections of a $31 billion surplus, one marijuana entrepreneur is calling for a potential tax revolt this summer. Michael “Mikey” Steinmetz, co-founder of the company that makes the Flow Kana cannabis brand, is threatening to withhold his taxes unless Gov. Gavin Newsom and the Legislature adjust state marijuana regulations July 1, 2022. He is calling on other CEOs to join him in this effort. Steinmetz issued the declaration in an op-ed on Medium, published Monday.

He criticized the California Department of Tax and Fee Administration’s plans to increase the cultivation tax this January, writing “We simply reply: We’re not going to pay.”

Fri
19
Nov

Novato adopts restrictions for cannabis delivery shops

cannabis products

Cannabis delivery businesses hoping to set up shop in Novato will now have fewer location options under new restrictions passed by the city this week.

The Novato City Council voted unanimously on Tuesday to require delivery businesses to be at least 600 feet away from residentially zoned areas. At the same time, the council loosened location restrictions for cannabis testing laboratories.

The new restrictions for delivery businesses are a response to concerns raised by San Marin residents earlier this year about a delivery service that sought to set up in their neighborhood.

Fri
12
Nov

California Celebrates 25 Years Of Medical Cannabis

medical weed

Time flies – it was 25 years ago on Friday voters in the US state of California gave the green light for medical cannabis.

California’s Compassionate Use Act of 1996, Prop. 215, was the  first law to legalize the personal use and cultivation of marijuana for medical purposes since prohibition took effect in the United States. The state’s voters approved Prop. 215 with 5,382,915 (55.6%) votes in favor and 4,301,960 (44.4%) against.

The Act protected patients and defined caregivers possessing or cultivating marijuana recommended by a physician from laws that would otherwise see them prosecuted. It also forbid the punishing of physicians recommending the use of medical marijuana.

Fri
12
Nov

Armed robber makes off with $1.3 million worth of hemp in Oceanside

hemp plants

Police said 4,000 pounds of hemp flowers were taken from the business on Seagate Way just before 6:40 p.m.

An armed robber broke into a hemp flower wholesaler in Oceanside Wednesday night, confronted an employee, and made off with $1.3 million worth of product, Oceanside police said.

Someone called police just before 6:40 p.m. to report spotting at least one person outside the Cultivaris Hemp business on Seagate Way, said police spokesperson Jennifer Atenza.

The caller, who was monitoring security footage, also said they couldn’t reach an employee who was at the business.

Tue
09
Nov

Licensed Cannabis Growers Can Compete at the California State Fair

cannabis plants

Who will win the coveted Golden Bear award?

The state-sanctioned competition is now open to all California licensed cannabis cultivators who recently became part of the official California State Fair roster of coveted competitors who include the state's producers of wine, craft beer, cheese and olive oil. 

According to Tuesday’s update, the competition will be scored through science-based analysis performed and certified by SC Labs, which is a California-based cannabis and hemp testing lab. In addition, there will be award medals for cannabis flower.

Each cultivar will be tested for chemometric data, using an innovative cannabinoid and terpene reporting platform – PhytoFacts.

Tue
09
Nov

Sheriff's 'Hammer Strike' yields 34 arrests, 33,000 marijuana plants throughout San Bernardino County

illegal grow bust

Last week marked among the most-sweeping spurts of raids aimed at cracking down on illegal cannabis farming in the High Desert in the more than two months since "Operation Hammer Strike" began.

The San Bernardino County Sheriff's Department said Saturday that since Nov. 1, its five specialized Marijuana Enforcement Teams had arrested 34 people and seized various lucrative black-market goods as a result of 26 search warrants served across nearly a dozen different areas — from Barstow to unincorporated Lucerne Valley, and to Rancho Cucamonga and the city of San Bernardino.

Fri
05
Nov

Yes, there are ‘marijuana mortgages’ for California borrowers

signing documents

At least one lender has opened the door to income from the marijuana industry buying, refinancing and pulling cash out.

Mortgage lenders knowingly and sometimes unwittingly provide residential purchase and refinance loans to tax cheats, money launderers and even straw buyers.

How so? Lenders typically face a low bar for income documentation, they don’t look too hard and they don’t ask many tough questions.

So, why can’t lenders provide mortgages for legally licensed, self-employed folks in California’s legal marijuana industry?

Tue
02
Nov

California legalized weed five years ago. Why is the illicit market still thriving?

cannabis plants

Despite appearances, the state’s cannabis industry is in disarray as legal businesses struggle to make a profit

Five years after cannabis legalization, California is awash with signs of an apparently booming industry. Californians can toke on Justin Bieber-branded joints and ash their blunts in Seth Rogen’s $95 ceramics. They can sip on THC-infused seltzers, relax inside a cannabis cafe, and get edibles delivered to their doors.

But behind the flashy facade, the legal weed industry remains far from the law-abiding, prosperous sector many had hoped for. In fact, it’s a mess.

Voters passed a law in November 2016 making recreational marijuana legal. But today, the vast majority of the market remains underground – about 80-90% of it, according to experts.

Pages

Subscribe to RSS - California