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
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
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
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