Glass House Brands Reports Second Quarter 2022 Financial Results SoCal Farm first harvest was in May, and Glass House single month July production was almost equal to output for all of Q2 Record low quarterly cost per pound of $158 at Casitas and Padaro farms in Q2¹ Net cash... Read more
Suspects are still at-large after C.R.A.F.T. Cannabis in Oakland in California was robbed at gunpoint and about $100,000 in product was stolen. Making things worse, eyewitnesses say it took hours for police to arrive at the scene—once everything was taken and the damage had already been done. In the... Read more
A bill that would add protections to employees in California who consume cannabis off the clock is advancing and could head to the Senate floor shortly. The bill would disallow job discrimination from employers, in most cases, based on urine or hair tests that detect only inactive metabolites of... Read more
The California Senate took new strides in the effort to control the steep increase in drug overdose deaths this week with the passage of legislation to authorize safe consumption sites in the state. The measure, Senate Bill 57 from Democratic Senator Scott Wiener, was passed by the Senate on... Read more
Illegal cannabis farms raking in billions for cartels are being destroyed in California
California officials are destroying hundreds of illegal marijuana farms worth billions of dollars to drug cartels every year. With a U.S. Drug Enforcement Agency grant and a strict state licensing requirement, police have been raiding farms up and down the state and seizing or destroying the drugs, then dismantling... Read more
Committee Blog: Cannabis Lounges – Coming to a City Near You? 
By Jodi Green, Miller Nash LLP; Shay Gilmore, The Law Office of Shay Aaron GilmoreMembers of NCIA’s Risk Management and Insurance Committee Although the concept of state-legal cannabis has been around in some shape or form since 1996, cannabis remains illegal to consume in most public places. In other... Read more
Weedmaps is under fire for advertising illegal or unlicensed cannabis retailers on its site in California. Several businesses have filed complaints that claim Weedmaps is working with these businesses despite their lack of legal backing. These complaints were filed last month and in May with the California Department of... Read more
Brentwood, California officials are fed up with the uptick in home cultivation violations and did something about it. On July 12, the Brentwood City Council intensified the rules on the home cultivation of cannabis—taking the rules beyond the legal six-plant limit inside a personal residence. Administrative citations may be... Read more
Vibe Growth Corporation Announces Opening of Its Newest Dispensary in Salinas, California
Ryan Allway July 15th, 2022 News, Top News Vibe’s newest dispensary, located in Salinas, California, opens its doors to the public for adult-use sales Sacramento, California–(Newsfile Corp. – July 15, 2022) – Vibe Growth Corporation (CSE: VIBE) (OTCQX: VIBEF) (FSE: A061) (the “Company” or “Vibe“), a vertically integrated California... Read more
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. Friends, Investing in... Read more
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