California Medical Cannabis Business & Marijuana Legal News

CA marijuana regulators, L.A. officials launch 4/20 push backing legal retailers

As part of a broader campaign by state officials to help bolster the legal cannabis market while clamping down on illicit businesses, the California Bureau of Cannabis Control (BCC) rolled out a new public relations campaign asking consumers to “get weed wise.” The effort advises consumers why they should aim to purchase MJ products from […]

Read More

Three executives resign from marijuana firm MedMen

California-based cannabis retailer MedMen is undergoing another round of employee turnover at the top levels of the company, and the most recent losses include the chief operating officer, general counsel and company spokesman. COO Ben Cook and general counsel Lisa Sergi resigned, MedMen announced in a news release. Sergi also served as a member of MedMen’s […]

Read More

L.A. city attorney launches new crackdown on illegal marijuana shops

Los Angeles City Attorney Mike Feurer announced a new push against illegal cannabis shops, starting with a civil lawsuit filed against one illicit operator in south L.A. and several business associates. Legal marijuana businesses in California likely will take careful note as this clampdown effort progresses, because they’ve long argued that illegal operators severely impact […]

Read More

California county making progress on repeal of cannabis cultivation ban

A California county is still working on a new regulatory regime to govern cannabis farmers, which could provide a way back into the legal market for hundreds of growers who’ve been stuck in limbo since January 2018. The Calaveras County Board of Supervisors’ new rulemaking began in February. The movement marks a reversal from a ban enacted over […]

Read More

California licensing snafu could cost cannabis growers thousands in lost revenue, possible shutdowns

California’s marijuana growers are at risk of losing thousands of dollars in revenue as scores of temporary business licenses expire each day before the state can replace them with annual permits. That leaves many cultivators trapped in a licensing logjam with a difficult choice: Continue operating with expired permits – or shut down. This is […]

Read More

Large California marijuana grow loses business license after code violations

A sizable cannabis cultivation operation on the Central California coast may find itself out of business after county supervisors voted to revoke the company’s permit. The situation highlights why MJ businesses in the state must remain vigilant and ready to prove they are operating under local code regulations. According to The (San Luis Obispo) Tribune, the […]

Read More

Marijuana Business This Week: German medical cannabis contracts, CBD self-regulation, MMJ group’s bank account closed & more

Here are some notable stories and events to watch for in the coming days: MAKING IT OFFICIAL: Contracts between Germany’s Federal Institute for Drugs and Medical Devices and the three companies it tentatively selected to cultivate and distribute its medical cannabis could be formalized as early as Wednesday after a mandatory 10-day appeals process expires. […]

Read More

PharmaCann gets extension on Ohio cannabis grow facility key to MedMen deal

PharmaCann, which is due to merge with MedMen via a $682 million stock deal, received a state extension until October to complete the development of a cultivation facility in Buckeye Lake, Ohio. The $20 million cultivation center must be operational before California-based MedMen can complete the acquisition of PharmaCann, according to Columbus Business First. That’s because […]

Read More

Marijuana packaging firm KushCo: Higher Q2 2019 revenue, but increased losses

KushCo Holdings, a California-based cannabis packaging group, reported revenue of $35.2 million for its fiscal second quarter ended Feb. 28, 2019. This compares with $10.4 million net revenue for the same period in fiscal 2018. Net loss for the quarter was $8.9 million, up from a $7.6 million loss in the same period in 2018. […]

Read More

California statewide marijuana delivery survives assembly bill vote, but cities’ lawsuit still a threat

At a packed hearing Tuesday, a California legislative committee killed a measure aimed at overturning a controversial policy that allows licensed cannabis companies to deliver product anywhere in the state. The upshot is that the status quo will continue for marijuana delivery operators – at least for the foreseeable future – and that they’ll be […]

Read More