Martinez moves ahead with cannabis dispensary
MARTINEZ — In a raucous meeting that saw everything from Cheech and Chong jokes to concerns about kids having easy access to pot, the city’s Planning Commission took the first step toward establishing a medical cannabis dispensary here. The planning commission voted unanimously in favor of two measures that... Read more
Entrepreneurs see Santa Cruz as fertile ground for cannabis startups
SANTA CRUZ — Entrepreneurs hoping to make it big in California’s new cannabis marketplace are planting roots in Santa Cruz County, looking to bring new meaning to the term “high tech.” Area initiatives include an online pot marketplace, a smart-growing solution that harnesses big data and an app that... Read more
Could Oregon’s cannabis oversupply hurt California’s legal market?
PORTLAND, Ore. (AP) — Two of the first states to broadly legalize marijuana took different approaches to regulation that left Oregon with a vast oversupply and Colorado with a well-balanced market. But in both states prices for bud have plummeted. A new Oregon report by law enforcement found nearly... Read more
Los Angeles moves to license pot growers after long delay
LOS ANGELES (AP) — Los Angeles began accepting license applications from marijuana growers, manufacturers and testing companies Wednesday, after months of delays that left many businesses in the state’s largest legal marketplace struggling to survive. The start of the process arrived with a mix of relief and anxiety from... Read more
As Chula Vista moves to regulate marijuana, illegal pot shops still dominate the market
It is really easy to buy weed in Chula Vista. All you need is cash, a valid ID, and a copy of the San Diego Reader – an alternative weekly newspaper where unlicensed pot shops advertise discounts and customer loyalty programs. There are currently nine unlicensed marijuana dispensaries in... Read more
Montebello’s plan to bring in marijuana businesses is slooooow going
Montebello’s plan to welcome marijuana businesses to town is not exactly on a fast track. In fact, applications from would-be entrepreneurs were due three months ago, and city officials have only concluded a cursory first round of review. Since the City Council voted in February to allow commercial indoor... Read more
Here’s why San Bernardino leaders are considering placing city’s marijuana laws before voters
An ordinance regulating commercial cannabis businesses adopted by San Bernardino city leaders earlier this year could appear on the November ballot. The City Council on Wednesday, Aug. 1, is to decide whether to give voters a say on its regulatory framework, a move intended to address the fallout of... Read more
Once-iffy US-focused pot stocks are becoming investor darlings
Call it the erosion of the Jeff Sessions valuation gap. U.S.-focused cannabis stocks, once considered a risky play on a legally iffy product, are seeing heightened levels of investor interest while their Canadian peers drift back to Earth. This is shrinking the discount for U.S. pot companies that was... Read more
First tests are in, and one in five marijuana samples in CA isn’t making grade
One in five batches of marijuana has failed laboratory testing since new state safety requirements kicked in July 1, according to data from the California Bureau of Cannabis Control. Failures have been triggered by inaccurate labeling or contamination from pesticides, bacteria or processing chemicals. Dr. Raquel Keledjian, lab director,... Read more
Union City voters to decide on cannabis tax in November
Union City voters will be asked to decide this November whether the city should impose a cannabis business tax. The measure was approved for the Nov. 6 general election ballot by the City Council Tuesday, and is intended to bring over a million dollars into the cash-strapped city’s coffers. The... Read more
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