California Medical Cannabis Business & Marijuana Legal News

Marijuana Business This Week: Canopy, Acreage shareholders vote, Springfield selects, OK inspects & more

Here are some notable stories and events to watch for in the coming days: DAY OF DECISION: Shareholders of Canopy Growth and Acreage Holdings are scheduled to vote Wednesday on the much-heralded mega-merger of the two companies. If consummated, it would become the first major Canadian/U.S. cannabis transaction. Each company’s shareholders will vote separately. At least […]

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MedMen opens its first Florida medical cannabis dispensary

Multistate operator MedMen on Friday announced the opening of its first Florida medical marijuana dispensary, in West Palm Beach – the first of 12 such planned storefronts in the state. The California-based company said in a news release it’s also planning upcoming Florida dispensaries in Orlando and Key West. MedMen could eventually open as many […]

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Los Angeles seeking advisers for cannabis social equity program

The Los Angeles Department of Cannabis Regulation (DCR) issued a request for qualifications as it searches for consultants to help shape what is thought to be the largest municipal marijuana social equity program in the nation. The agency is looking for “consultants to develop and conduct business development curriculum, training, business, licensing and compliance assistance, and […]

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California doesn’t plan to raise marijuana excise tax in July

Although the California cannabis industry probably won’t see any state-level tax relief anytime soon, at least the excise tax won’t go up in July. The state Department of Tax and Fee Administration (CDTFA) confirmed in an email to Marijuana Business Daily that the 60% markup rate that provides the basis for California’s 15% excise tax will […]

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Federal agents return $250K seized from licensed CA marijuana distributor

The federal government has given back $257,733 that was seized by law enforcement officers from a licensed California cannabis distributor last fall. It’s a big legal win for state-authorized cannabis companies, an attorney in the case said Wednesday. Humboldt County-based Wild Rivers Transport filed suit in San Francisco County Superior Court in December after two […]

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California lawmaker wants Apple to start carrying apps from legal cannabis firms

In a bid to help reverse the trend of Big Tech’s unfriendliness to marijuana-related smartphone apps, a California lawmaker who represents Silicon Valley recently sent a letter to Apple CEO Tim Cook asking that the company’s app shop carry cannabis apps from licensed businesses. State Assemblyman Evan Low, a Democrat from a suburb neighboring San […]

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Marijuana Business This Week: MJBizConNEXT sees the future, critical California CBD hearing, Ohio eyes MMJ expansion & more

Here are some notable stories and events in the cannabis industry to watch for in the coming days: WHAT’S NEXT: More than 4,000 attendees and 300 exhibitors are flocking to New Orleans for MJBizConNEXT 2019, where they will contemplate what’s ahead for the ever-changing cannabis and hemp industries. For three days beginning Wednesday at the […]

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Law enforcement targets dozens of illicit Southern California cannabis grows

In another example of enforcement actions against illicit marijuana businesses in California, nearly 141,000 plants were seized in the southern part of the state in a massive raid targeting dozens of illegal cultivation sites. This will come as welcome news to licensed marijuana firms in California that have long complained that illegal operators severely undercut legal […]

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