The 10 Top-Selling Marijuana States in 2019
Even though it hasn’t exactly been the best year for marijuana stocks, cannabis is still projected to be one of the fastest-growing industries over the next decade. Worldwide weed sales have more than tripled, from $3.4 billion to $10.9 billion between 2014 and 2018, and Wall Street has forecast that... Read more
California’s budding cannabis industry prepares for another hit

Prominent cannabis companies that a year ago were growing aggressively have, in recent months, laid off hundreds of workers. They say hefty taxes, onerous regulations and competition from a thriving illicit market are forcing them to scale back operations.

The post California’s budding cannabis industry prepares for another hit appeared first on The Cannifornian.

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California Cannabis Litigation: We Argue the Kern County Appeal in February

  As we have written about previously, we represent a property owner and retailer in an appeal against Kern County pending in the Fifth Appellate District (County of Kern v. Alta Sierra Holistic Exchange Service, Case No. F077887). The legal landscape for cannabis regulation in Kern County has been in flux since 2009, when the…

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Charlotte’s Web Faces Class Action Lawsuit for Improperly Marketing CBD Products

We’ve written extensively about hemp-derived CBD and the myriad issues faced by manufacturers CBD edibles. You can read more about this topic here: Is Hemp CBD Really Unlawful in California? The FDA Issues Hemp-CBD Warning Letters and a Consumer Update Litigation Update: JustCBD Files Motion to Dismiss Class Action Lawsuit CBD Topicals are Not Immune…

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Member Blog: The Economics Of Trespass Grows And The Legal Industry
by Jackee Riccio, Regional Field Director at the CROP Project California’s cannabis economy has not generated the cash flow that regulators were anticipating.  Current legal sales have topped $3 billion, but unregulated cannabis continues to dominate the market. This may not be surprising, as critics argue that the current... Read more
Committee Blog: What The Recent Layoffs in the Cannabis Industry Mean
by NCIA’s Human Resources Committee Many in our industry have heard about the recent layoffs announced by cannabis companies, including some of NCIA’s members, in the U.S. NCIA’s Human Resources Committee views the layoffs as an unfortunate but sometimes necessary part of business, and overall remain optimistic about the... Read more
The BCC’s Fight to Allow Home Delivery Throughout California

    It’s no secret that California’s cannabis operators are currently in a regulatory and business environment where red tape, the illegal market, and significant taxes make life hard. At the same time, the state is trying to protect, promote, and grow the industry in a variety of ways, one of which is fighting off…

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Is Hemp CBD Really Unlawful in California?

Dozens of times per month, I am asked by clients and potential clients whether hemp-derived cannabidiol (“Hemp CBD”) products are legal in California. With almost any other product, I can give an easy “yes” or “no” answer. But with Hemp CBD, my answer usually takes five to ten minutes to explain and ultimately ends with…

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California regulators announced on Thursday that taxes paid by the state’s licensed cannabis business will increase on New Year’s Day, despite calls to ease the burden on an industry struggling to compete with a thriving illicit market. In a special notice from the California Department of Tax and Fee... Read more
Harborside Inc. Announces Third Quarter 2019 Results – Third quarter 2019 revenue of $14.1 million, an increase of 22% over last year OAKLAND, CA and TORONTO, Nov. 22, 2019 /PRNewswire/ – Harborside Inc. (“Harborside” or the “Company”) (CSE: HBOR) today reported financial results for the three and nine months... Read more
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