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
Ice Cube’s BIG3 basketball league allows players to use CBD for pain relief, recovery
NEW YORK (AP) — The BIG3 says players in the 3-on-3 league of former NBA players are allowed to use cannabidiol, or CBD, for pain management and recovery. Under the change announced Wednesday, the BIG3 becomes what’s believed to be the first professional sports league in the United States... Read more
La Palma City Council drops idea of allowing some marijuana-related businesses
La Palma might be small, but its citizens were loud and clear Tuesday night: They don’t want their city to become what one resident described as “the pot capital of northwest Orange County.” Citizens overflowed the City Council Chambers, some having to sit in an adjoining room, to oppose... Read more
Lagunitas Brewing unveils cannabis-infused sparkling water
Lagunitas Brewing Co. of Petaluma is delving deeper into the cannabis industry, announcing the launch of a new THC-infused sparkling beverage. The drink, named Hi-Fi Hops, only will be available at licensed cannabis dispensaries in California starting July 30. It will come in two varieties, including one containing 10... Read more
Kern County maintains medical marijuana dispensary ban
The current ban on medicinal marijuana dispensaries will remain in place in Kern County for the time being after the Kern County Board of Supervisors took no action on a proposal that could have led to the establishment of seven legal medicinal dispensaries throughout the county at a meeting... Read more
Marijuana Stocks & The Next Big Bid For Market Domination
There’s no denying it anymore. The legal marijuana business is booming and the first G7 country has now legalized cannabis both recreationally and medicinally. That’s right Canada’s June 7 vote sealed the deal for something that could quickly become the biggest industry boom since the industrial age! A little... Read more
As Pawnee Fire rages in Northern California, police find man with loaded gun, 2 pounds of marijuana in evacuation zone
A Ukiah man was arrested Monday after police found him driving through an area of Spring Valley under mandatory evacuations, his car packed with two pounds of marijuana and a loaded handgun, authorities said. Helicopters work to extinguish the Pawnee fire burning east of Spring Valley, Calif., Monday, June... Read more
L.A. considering ballot initiative to fund public bank for cannabis businesses
The fate of a nascent effort to create a bank owned by the city of Los Angeles and meant to help legally-permitted cannabis businesses could be decided by voters this fall. The City Council on Tuesday will vote on whether to start the process of placing a measure on... Read more
This Marijuana Stock is Poised to Benefit from Legal Cannabis Boom!
Unless you’ve been in a deep sleep, the marijuana industry has gotten a huge boost this year, which could spell huge first mover advantage right now. Canada’s recent nationwide legalization for recreational marijuana has posed a massive opportunity and marijuana stocks are in the spotlight for good reason right... Read more
Moreno Valley puts marijuana tax measure on November ballot
Moreno Valley voters will be asked to tax commercial marijuana sales and production in Riverside County’s second-largest city when they go to the polls in November to elect a new California governor. The Moreno Valley City Council recently voted to place such a tax measure on the ballot. The... Read more
( ) ( ) ( ) ( ) ( ) ( ) ( ) ( )