California Medical Cannabis Business & Marijuana Legal News

Report: Over 160 Proposed Local CA Bans on Marijuana Growing

John Schroyer  | January 25, 2016

Heading into the last month that local California governments can take regulatory action on marijuana before a new state law kicks in, more than 160 jurisdictions have either approved or introduced bans on medical cannabis growing.

The “banapalooza,” as the California chapter of NORML has termed it, stems from a relatively short deadline that …

Oakland Dispensary Shares To Be Publicly Traded

Omar Sacirbey  | January 13, 2016
By Omar Sacirbey

Following a brutal 2015 for marijuana stocks, the cannabis investment sector has something to smile about to start the new year. The stock markets will soon welcome a U.S. dispensary to the ranks of the publicly traded: Black Oak Gallery, better known as Blüm Oakland.

Monopoly Suit Against CA Dispensaries Thrown Out

Omar Sacirbey  | December 28, 2015

A U.S. federal judge has thrown out a lawsuit claiming that Berkeley, California, and three local dispensaries colluded to corner the city’s medical marijuana market.

Plaintiff Christopher Smith sued the Berkeley City Council, the city’s Medical Cannabis Commission, and the dispensaries Berkeley Patients Group, Berkeley Patients Care Collective and Cannabis Buyers Club of Berkeley, claiming that they violated …

Marijuana Business Incubator Launches in Oakland

Omar Sacirbey  | December 18, 2015

It may seem strange that California’s first cannabis business incubator just launched, but better late than never.

Based in Oakland and founded by two technology veterans, Gateway Inc. seeks to nurture both ancillary firms and companies that handle the plant, such as growers, dispensaries, and extractors.

Gateway will provide companies with $30,000 in return for …

ReformCA Likely to Throw in Towel, Won’t Gather Signatures for Legalization Initiative

John Schroyer  | December 10, 2015

By John Schroyer

A high-profile marijuana legalization campaign in California spearheaded by Oaksterdam University’s Dale Sky Jones has decided not to gather signatures for its proposal and appears ready to throw in the towel.

If the group does indeed back down, it will help solidify support for a competing measure backed by billionaire Sean Parker.

California Marijuana Leaders Increasingly Uniting Behind One Legalization Measure

Chris Walsh  | December 10, 2015

By John Schroyer

Late last month, it looked as though California might very well have two recreational cannabis legalization measures on the ballot next fall.

But the situation is changing rapidly, and the odds are now much higher that there will be just one initiative – which is seen as key to pushing through legalization.

Hendrix Family Member Ramps Up Cannabis Business

John Schroyer  | November 30, 2015

Purple Haze Properties, a company run by the younger brother of rock legend Jimi Hendrix, is increasing its presence in the cannabis industry with several new products.

The company revealed on Monday a trio of deals designed to capitalize on Hendrix’s ongoing fame, including packages of pre-rolled joints, a line of disposable cannabis …

Week in Review: Florida CBD Licenses, Alaska Marijuana Regulations & California’s Black Market

John Schroyer  | November 27, 2015

By John Schroyer

Florida announces CBD license winners as the state considers major changes to the program, Alaska debates recreational cannabis regulations, and California medical cannabis growers voice concerns over new rules.

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

California Wildfires Highlight Insurance Challenges, Importance of Location for Cannabis Growers

Omar Sacirbey  | November 25, 2015

By Omar Sacirbey

Wildfires raging through northern California since early summer have destroyed hundreds of cannabis farms, causing millions of dollars in damage to cultivation sites and adding complications to an industry already facing myriad hurdles.

The fires bring to the forefront several issues facing growers in unregulated medical cannabis states.