Canopy ready to enter U.S. market — if Congress lets states decide on cannabis
Canopy Growth Corp. is prepared to enter the U.S. market if new legislation forces the federal government to respect state laws on marijuana, according to its chief executive officer. The STATES Act, which stands for Strengthening the Tenth Amendment Through Entrusting States, is a bipartisan bill that would clear... Read more
As alcohol businesses expand to include cannabis, tobacco may be the next to invest
The man is coming for your pot business. Big pharmaceutical, tobacco, and packaged-goods companies are likely to move into the burgeoning marijuana sector next after initial forays by alcohol companies including Constellation Brands Inc., Molson Coors Brewing Co. and Heineken NV, industry experts said. “Companies that I wouldn’t have... Read more
Marijuana taxes pick up in California but still far off target
LOS ANGELES (AP) — When it comes to the taxman, California’s legal pot market is off to a sluggish start. Marijuana cultivation and excise tax collections hit $48 million between April and June, state officials announced Wednesday. That’s a jump from the prior three months but well below the... Read more
We always knew why five of the seven Oroville City Council members wanted to legalize marijuana sales in the city, but it was never explicitly explained until a council meeting on Tuesday. It’s not because they see marijuana as a wonder herb, unfairly demonized. It’s not because they believe... Read more
San Bernardino puts its cannabis business laws on November ballot
San Bernardino’s commercial cannabis regulations will appear on the November ballot, a move intended to clear up two years of muck surrounding marijuana businesses in town. City leaders last week gave voters the opportunity to weigh in on rules they unanimously adopted earlier this year. Councilman John Valdivia opposed... Read more
OROVILLE — Facing a fair amount of opposition, the Oroville City Council took a big step on Tuesday toward bringing commercial cannabis to the city. The council voted 5-1 to introduce two ordinances, with one focused on changes to zoning code to allow for such businesses, while the other... Read more
Alameda attracts little interest from cannabis businesses
ALAMEDA — Cannabis businesses have shown little interest in operating here in the wake of the city adopting regulations on their use. Among the reasons? A lack of suitable space to purchase or rent, and the fact that state regulations regarding cannabis are still being hammered out, leading to... Read more
Sonoma County supervisors Tuesday advanced revisions to rules governing cannabis businesses and farms outside city limits that would include allowing recreational sales at dispensaries and limiting most cultivation sites to properties 10 acres or larger. The Board of Supervisors rejected two proposals aimed at addressing an increasingly contentious debate... Read more
San Diego struggling to shut down illegal marijuana delivery services
Leaders of the San Diego marijuana industry say the city needs to accelerate efforts to shut down the city’s roughly 100 illegal delivery services, which have replaced illegal marijuana storefronts as the new black market for the drug. The city’s 18 permitted dispensaries can legally deliver marijuana to customers,... Read more
Pomona business owners denounce initiative to allow marijuana shops in city’s historic core
A group of property owners in downtown Pomona is making it very clear: Despite a proposed measure on the November ballot that could usher marijuana businesses into town, they don’t want them in their neighborhood. Earlier this year, proponents of an initiative that aims to overturn Pomona’s ban on... Read more
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