California Medical Cannabis Business & Marijuana Legal News

Week in Review: Florida CBD, Cannabis Legal Battles & Ominous Clouds in AZ, MA

John Schroyer  | July 22, 2016

By John Schroyer and Omar Sacirbey

Florida’s long-awaited CBD industry approaches the launchpad, cannabis lawsuits make headlines, and recent polling numbers cast a dark cloud over recreational marijuana legalization in two states.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

Major Infused Products Co. Bhang Loses Arbitration Battle

Omar Sacirbey  | July 19, 2016

A California arbitration panel has awarded an investment firm $1.875 million from a major infused-products and concentrates company, Bhang Chocolate.

The panel said Oakland-based Bhang breached an agreement it had with Mentor Capital in Ramona, California, “by failing to deliver” shares of stock to the investment firm, Mentor Capital said in a news …

Week in Review: Banking Scare, Marijuana Ballot Roundup & Water Rules in California

John Schroyer  | July 15, 2016

By Omar Sacirbey and John Schroyer

An Illinois bank sparks fresh concerns about cannabis and financial institutions, the number of states with certified pro-marijuana ballot measures hits an all-time high, and California MJ growers face new water-use rules.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

Week in Review: California is Official, GW’s Epilepsy Drug & Illinois Resignation

John Schroyer  | July 1, 2016

By Omar Sacirbey and John Schroyer

California’s recreational marijuana campaign makes the November ballot, GW Pharmaceuticals’ MJ-based epilepsy drug could play a role in DEA rescheduling, and a possible new dawn in Illinois’ medical cannabis program.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

LA County Extends Medical Cannabis Growing Ban

Omar Sacirbey  | June 29, 2016

Los Angeles County supervisors voted to extend a temporary ban on medical marijuana cultivation and distribution in unincorporated areas by one year, dealing yet another blow to MMJ cultivators.

The new moratorium also bars growing and testing of medical marijuana as well as mobile delivery services, the Los Angeles Times reported.

The issue dates …

Newsom: California Marijuana Measure Has Anti-Monopoly Safeguards

Roger Fillion  | June 22, 2016

By Marijuana Business Daily staff

OAKLAND, CA. – Smaller farmers, mom-and-pop businesses and existing medical marijuana companies will have a place in California’s recreational cannabis industry if voters pass a legalization measure this fall.

That’s the message California Lt. Gov. Gavin Newsom, a big supporter of the legalization measure, gave marijuana business professionals on Tuesday.

More Big Rec Endorsements in California, Arizona

John Schroyer  | June 20, 2016

Recreational marijuana legalization initiatives in two states netted some notable endorsements on Monday.

In California, the state’s Democratic Party chapter announced its support of the Adult Use of Marijuana Act (AUMA), the rec initiative backed by billionaire Sean Parker. That makes it the first legalization measure to receive the formal support of a …