Victorville refuses to approve Chalice marijuana festival; faces lawsuit
The Victorville City Council on Thursday night refused to sign off on allowing cannabis consumption and sales at the Chalice California festival, set for July 13-15 at at the San Bernardino County fairgrounds. The decision came after a few dozen people spoke in support of the festival, citing the... Read more
Landlords where illegal dispensary operated ordered to pay $388,000
A Riverside County couple who leased a San Ysidro storefront to an illegal marijuana dispensary was ordered to pay $388,000 in civil penalties to the city of San Diego this week, city officials said. Quirino and Bertha Gutierrez, who live in Menifee, were ordered to pay the equivalent of... Read more
Analysts slash forecast on California cannabis market as slow licensing takes toll
New state rules are killing the buzz on California’s cannabis sales. Legal pot that was once expected to generate $3.7 billion in revenue this year now is forecast to total just $2.9 billion, Greg Shoenfeld, vice president for operations at BDS Analytics, said by phone Wednesday, previewing a report... Read more
Milpitas: Voters may decide whether to levy marijuana sales tax
MILPITAS — Milpitas residents likely will be asked to consider approving a November ballot measure that would levy a tax on marijuana sales. The Milpitas City Council last week directed staff to prepare the ballot measure as a way to raise more money. The measure’s wording will need to... Read more
From Forbes: U.S. Senate Votes To Legalize Hemp After Decades-Long Ban Under Marijuana Prohibition
From Forbes.com: The non-psychoactive cannabis cousin of marijuana would finally become legal to grow in the United States under a bill overwhelmingly approved by the Senate. The wide-ranging agriculture and food policy legislation known as the Farm Bill, passed by a vote of 86 – 11 on Thursday, contains provisions to legalize the cultivation,... Read more
Hayward approves 11 commercial cannabis businesses
HAYWARD — Eleven commercial cannabis businesses have been given the OK to open in Hayward, including businesses specializing in cultivation, manufacturing, distribution, delivery or testing. None are dispensaries. The majority of Hayward City Council members expressed excitement over the new businesses at their Tuesday meeting where they approved the... Read more
Newly Public, James E. Wagner Cultivation Moves Toward Cannabis Oils
Robin Lefferts June 29th, 2018 Exclusive, News, Top News Legalization of adult-use cannabis in Canada is coming October 17, 2018. Licensed Producers have been steadily ramping up production for the last year or so in anticipation of a projected shortfall in dried cannabis supply. At the same time,... Read more
Canopy Growth Completes Supply Agreement With the Manitoba Liquor and Lotteries Corporation
Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) is pleased to announce that it has completed an agreement with the Manitoba Liquor and Lotteries Corporation to supply the province with high quality cannabis products. Under the terms of the agreement, Canopy Growth will supply the Manitoba market with up to 6,500 kilograms of... Read more
California’s move to open up its cannabis market to recreational users has had an unexpected result: A growing segment of the industry may be moving back into the shadows. Thousands of manufacturers, growers and retailers have lost their licenses amid tighter regulations on marijuana and more oversight from local... Read more
Leading International CBD Brand Gears Up to Go Public
Ryan Allway June 29th, 2018 Feature Stories, News, Press Releases Tree of Knowledge Inc., better known as TOK, is gearing up to go public on the Canadian Stock Exchange (CSE). The company has made an application for listing on the Canadian Securities Exchange, through a reverse merger with Courtland... Read more
( ) ( ) ( ) ( ) ( ) ( ) ( ) ( )