california Archive

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.

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 …

Pioneering Marijuana Dispensary Owner Hits Comeback Trail

Omar Sacirbey  | December 15, 2015

By Omar Sacirbey

Medical cannabis pioneer Lynnette Shaw is back in business – or, at least, trying to get back in business.

In 2011, the federal government prohibited Shaw, who founded the first licensed medical cannabis dispensary in the country, from working in the marijuana industry ever again as part of a court settlement.

San Diego Dispensary Hit With Record Fine

Omar Sacirbey  | December 7, 2015

A San Diego judge has slapped a local medical marijuana dispensary with a $1.8 million fine for violating zoning regulations, ranking as the largest penalty assessed against an MMJ operation in the city’s history.

In addition to the fine levied on SoCal Holistic Health Inc., the judge issued a permanent injunction against the dispensary and its …

Cost of MMJ Rules Could Leave CA’s Black Market Untouched

Omar Sacirbey  | November 23, 2015

Will California’s forthcoming medical marijuana regulations eliminate the state’s cannabis black market?

Not if the costs for businesses to participate are too onerous, MMJ growers and retailers say.

The regulations will cost an estimated $20 million-$50 million to implement and maintain, according to the Press-Democrat of Santa Rosa, citing a legislative analyst’s report.

 …

Marijuana Raids Target Four San Diego Dispensaries as DEA Continues to Close California Pot Shops

Chris Walsh  | January 18, 2012

The federal Drug Enforcement Agency has raided several medical marijuana businesses in San Diego over the past week, highlighting the Obama administration’s efforts to conduct a sustained crackdown on California pot shops.

In the latest series of marijuana raids, agents served warrants at four San Diego dispensaries, forcing the MMJ businesses to shut down and …

Weekly Wrapup: Crackdown in Colorado + Dispensaries to Launch in Arizona

Chris Walsh  | January 16, 2012

Two very different developments emerged in the MMJ industry at the end of last week, one immensely negative and one immensely positive for medical cannabis.

First, the bad news: The federal government shifted the focus of its crackdown from the West Coast to Colorado,

Ellen Komp: Why the Medical Marijuana Industry Should Work For Employment Rights

Chris Walsh  | January 16, 2012
By Ellen Komp

Californians, and the medical marijuana industry, have a chance to make an important stride for human rights in the coming weeks. Senate Bill 129 – introduced by Sen. Mark Leno – would grant needed employment rights to medical marijuana users, and will be voted on as soon as Jan. 19 …

California Inititative Would Help Medical Marijuana Dispensaries Fight Back Against ‘Hostile’ IRS

Chris Walsh  | January 12, 2012

A new voter initiative in California to legalize and regulate the general use of marijuana could help protect medical pot dispensaries from the Internal Revenue Service.

The Regulate Marijuana Like Wine campaign seeks to repeal prohibition of marijuana for adults, place strict state oversight on the drug and allow hemp agriculture.

While the …

Memo Outlines Top Triggers for Federal Prosecution in California Medical Pot Crackdown

Chris Walsh  | December 23, 2011

What is the federal government looking for when determining whether to bust a medical marijuana dispensary or grow operation?

That’s the $1 million question in California, where the Obama administration has launched a confusing crackdown on MMJ that has left the medical cannabis community scrambling to figure out why certain operations have been targeted and …