california Archive

Newsom: California Marijuana Measure Has Anti-Monopoly Safeguards

Roger Fillion  | June 22, 2016

By Chris Walsh

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 …

Cannabis Company Plans Huge Grow Site in CA

Omar Sacirbey  | June 17, 2016

A California marijuana company plans to build massive medical cannabis cultivation site in Desert Hot Springs, in the southern part of the state.

G FarmaLabs, based in Anaheim, said it received a conditional use permit from the city’s planning commission earlier this month that allows it to conduct an 18-month grow.

The company plans to …

Medical Marijuana Oil Producers Raided in California

John Schroyer  | June 16, 2016

Local law enforcement agents raided five properties in Sonoma County, California, connected to a pair of well-known medical marijuana oil producing companies, indicating the industry continues to face a legal risk even while the state is crafting rules for MMJ businesses.

The two brands, Absolute Xtracts and Care by Design, had to halt production after county …

California’s Mendocino County Creates Marijuana Appellations

Omar Sacirbey  | June 16, 2016

California’s Mendocino County is known for producing a diverse array of quality wines. But now the northern coastal county is angling to be known for producing quality marijuana strains distinguished by their growing region.

In what could be a first for this country, Mendocino is being divided into different cannabis appellations to distinguish individual growing …

Bank Nixes Marijuana Firm’s Crowdfunding Hopes

Omar Sacirbey  | June 13, 2016

Crowdfunding may not be the simple solution that cash-starved marijuana start-ups can turn to for funding.

In May, the Securities and Exchange Commission implemented new rules permitting small businesses to raise up to $1 million annually through crowdfunding.

The move was hailed in the cannabis sector as a major breakthrough that would help …

California, Nevada Lawmakers Back Marijuana Legalization

Omar Sacirbey  | June 9, 2016

 

In another sign that marijuana is increasingly mainstream, a California congressman and thirteen Nevada lawmakers took the step of publicly endorsing cannabis legalization measures in the state.

It’s a growing trend among elected lawmakers and officials, one that could simultaneously advance the economic interests of the maijuana industry.

The group in Nevada includes state Senate …

CA Bills Would Create New MMJ Grower License, Expand Regs

Omar Sacirbey  | June 2, 2016

The California State Assembly has approved two medical marijuana-related bills, including one that would create a new type of license for MMJ “micro farmers” and another that addresses a host a of regulatory issues.

Both bills now head to the state Senate.

Assemblyman Jim Woods, the sponsor of the grower bill, said in a …