Chart of the Week: California marijuana business licenses expiring at a rapid clip
California’s cannabis industry is facing a licensing quandary, which state legislation likely will address, but the situation could still prove problematic for businesses that want to comply with the law instead of joining the illicit market.
Colorado may soon allow its $1.5B marijuana industry to open to outside investors & more of the week’s top news (SLIDESHOW)
Colorado looks close to welcoming a surge of outside investors and capital to its marijuana markets, Hawaii kicks off a program allowing qualified visitors to purchase medical marijuana, bills pending before the California Legislature could mean the state’s cannabis industry might see another tumultuous year of changes – plus other important news from around the MJ space.
L.A. push to start new marijuana licensing round angers social equity backers
Several proponents of the Los Angeles cannabis social equity program – which is designed to better involve minorities and those affected by the war on drugs in the city’s marijuana industry – said Wednesday that officials are moving too quickly to the next round of MJ business licensing.