California Medical Cannabis Business & Marijuana Legal News

California busts on illegal cannabis operations continue: Thousands more plants seized

More busts indicate that state and local authorities in California continue to step up efforts to crack down on black market marijuana operations, a development that could help licensed businesses who’ve long complained that illicit operators undercut their sales. Here’s a roundup of some of the latest enforcement news from California: Detectives with the Tulare […]

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California cannabis industry heavyweights file lawsuit in response to federal suit filing

Three former executives claim in a new lawsuit that prominent California marijuana consultant Avis Bulbulyan is a “talented prevaricator” whose “entire professional image is built on a carefully manufactured foundation of deceptions.” The suit, filed last week by Lance Ott, David Yeager and Steve Baghoomian alleges Bulbulyan lured them to join his cannabis consultancy, SIVA […]

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MedMen inks blockbuster $682 million stock deal to acquire medical cannabis firm PharmaCann

MedMen Enterprises has agreed to acquire multistate medical marijuana company PharmaCann in an all-stock deal valued at $682 million, inking what is believed to be the largest acquisition to date in the U.S. cannabis industry. The deal will double the number of states where Los Angeles-based MedMen has licenses to operate – expanding the firm’s […]

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California pursues stopgap plan to issue provisional cannabis licenses

California regulators are moving ahead with a second round of nonpermanent licensing to allow marijuana companies to continue operating without a permanent license while state and local officials process a backlog of permit applications. The move is intended to help California’s MJ industry avoid supply disruptions, The Orange County Register reported. State Senate Bill 1459, which […]

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California marijuana PAC seeking ‘sensible regulation’ launches despite banking challenges

A new cannabis political action committee, Californians for Sensible Regulation of Adult Use, hopes to raise $300,000 by 2020 to support industry-friendly candidates for public office in the state’s key locales. The PAC planned to be operational months ago and hoped to have more time to support candidates in 2018. But six banks declined to offer accounts […]

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San Francisco plans to create cannabis industry oversight committee

San Francisco officials plan to form a committee to monitor the city’s marijuana industry and assess its regulations and government oversight. According to the San Francisco Examiner, the new Cannabis Oversight Committee will: Examine the work done by the city’s Office of Cannabis. Measure the impact of existing regulations on businesses and communities. Make recommendations to […]

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More CA enforcement: 250 grows targeted, 614,000 marijuana plants seized

In California, a 39-county sting operation at 250 illegal cannabis cultivation sites resulted in the arrest of 52 people and the seizure of more than 614,000 plants, authorities said Thursday. The raids signal yet more acceleration by state and local authorities to rein in black-market operators, which licensed operators argue cause distinct harm to their […]

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Week in Review: California’s cannabis social-equity move, US attorney’s marijuana threat & lawmakers’ bid for more MJ growers

California approves a law to boost participation among minorities and those less well off in the marijuana industry, Colorado’s U.S. attorney threatens to crack down on licensed cannabis businesses that divert product to the black market, and members of Congress urge the U.S. government to expand the number of cultivators allowed to grow MJ for research. […]

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California marijuana growers optimistic while seeking paths around slew of obstacles

California’s cannabis cultivation market is a maze of farms that run the gamut from cottage growers with a few dozen plants to commercial-sized industrial operations. That also means the scope of business difficulties – and opportunities – are wide-ranging in the state’s newly regulated medical and recreational marijuana industries. Golden State growers have had to […]

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The future of California cannabis co-ops: Q&A with former CGA Director Hezekiah Allen

One of the loudest pro-cannabis voices in Sacramento for the past four years has been the executive director of the California Growers Association (CGA), Hezekiah Allen. But Allen is moving into the private sector to focus on promoting marijuana farming cooperatives with the holding company Emerald Grown, where he’s the chairman. Marijuana Business Daily spoke with Allen […]

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