California cannabis taxes continued to miss expectations in the second quarter of 2018, bringing in roughly $74 million to state coffers.
John Schroyer
John Schroyer's Latest Posts
Pennsylvania cracks down on dispensary for selling cannabis for $1 a gram
A brand-new medical marijuana dispensary in Pennsylvania, excited to be selling actual cannabis flower for the first time to registered patients, offered a special deal last week: two strains of flower for $1 a gram, with a limit of 2 grams. The problem? Pennsylvania...
California cities object to statewide cannabis delivery
California cities are pushing back on a proposed change in state regulations that they say would allow unchecked home marijuana deliveries in places that have banned local cannabis sales. The League of California Cities said a proposed rule to permit marijuana...
California marijuana testing labs say product recalls unlikely to be a major concern
A pair of voluntary California cannabis product recalls in late July sparked concerns in the industry that other companies would be put in similar situations - and end up spending time and money to ensure their products arrived on retail shelves. Three testing lab...
California cannabis icon Harborside to go public in Canada via CA$200M deal
Harborside announced Monday it will go public in Canada through a reverse takeover that will allow the iconic California marijuana company to trade on the Canadian Securities Exchange (CSE). Under the terms of the deal, Toronto-based Lineage Grow Co. will acquire all...
Study: Nearly 1 in 5 California marijuana consumers buy from black market
A cannabis consumer survey commissioned by California-based Eaze Solutions supports what many licensed marijuana businesses in the Golden State already know: They're losing market share to illicit companies that don't care about regulations, and the main reason is...
CA county sends hundreds of cease-and-desist letters to unlicensed cannabis farms
California's Humboldt County is taking more steps to crack down on its still-thriving underground marijuana market, having sent about 330 cease-and-desist letters to locals it believes may be growing without the proper permits. The county Planning and Building...
Cannabis companies spend big on lobbying at California Capitol
Marijuana-related companies in California spent a sizable $455,000 on lobbying efforts in Sacramento in just the second quarter of 2018, a telltale sign of how the regulatory situation is still being shaped. According to an analysis of state records by The Recorder,...
San Diego marijuana delivery crackdown results in 34 arrests
Over the past calendar year, San Diego police have shuttered at least 11 illegal cannabis delivery operations within the city, arrested 34 suspects, issued 15 search warrants and confiscated 230 pounds of marijuana and $60,000 in cash. The...
Los Angeles marijuana industry still in turmoil as second licensing round begins
Talk with a cross section of entrepreneurs in the Los Angeles cannabis industry, and one consistent theme emerges: The market is in tumult, plagued by black-market operators, licensing delays and a social equity program that has yet to fully take shape.
Los Angeles scraps marijuana tax ballot measure
The Los Angeles City Council on Tuesday abruptly changed course and yanked a proposed cannabis tax ballot measure that was poised to go before voters in November. The tax measure, dubbed the Cannabis Reinvestment Act, would have established a further 1% tax on all...
Second voluntary cannabis product recall issued in California
Just days after the first marijuana product recall was issued in California’s new regulated market, a second was underway.
David Elias, CEO of Los Angeles-based Lowell Herb Co., confirmed to Marijuana Business Daily that his pre-roll-production business had issued a voluntary recall beginning July 27 after a testing lab reversed its initial finding that a specific batch passed muster and was cleared for retail sale.
