Recreational Marijuana News

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 delivery statewide would undermine local authority and potentially lure criminal activity. In a letter […]

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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 outstanding securities of Oakland-based FLRish – which manages Harborside’s retail and dispensary operations – […]

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Signatures submitted for Oklahoma recreational marijuana ballot measure

A group that wants to legalize recreational marijuana in Oklahoma has submitted signatures to qualify the measure for a statewide vote after saying it may not have enough to qualify for the November ballot. The pro-marijuana group Green the Vote submitted the signatures Wednesday to the secretary of state for review. Green the Vote said […]

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Nevada’s first year of recreational marijuana sales surpasses expectations

Nevada regulators and industry insiders say the state’s first year of broad cannabis legalization exceeded even their highest estimations, with sales and tax collections already surpassing year-end projections by 25%. Numbers from June are still outstanding, but they are expected to push taxable sales past $500 million, netting total tax revenue in the neighborhood of […]

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Nevada releases revamped design for mandated cannabis edibles symbol

Nevada’s Marijuana Enforcement Division (MED) released a redesigned symbol that edibles producers are required to stamp or mold on every single-serving marijuana edible product by Jan. 1 of next year. It is the second iteration of the symbol. It features the letters THC and an exclamation point inside a triangle. The first – featuring an […]

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Oregon regulators crack down on seven cannabis businesses

Oregon regulators cited seven cannabis businesses for a variety of infractions, such as failing to comply with the state traceability system and neglecting to keep proper surveillance records. According to Oregon Cannabis Connection, the Oregon Liquor Control Commission (OLCC) imposed penalties on the following businesses: Lunchbox Alchemy will pay a $1,485 fine or have its recreational marijuana […]

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California vape cartridge maker issues voluntary marijuana product recall

A vape cartridge manufacturer issued the first cannabis product recall in California’s new regulated marijuana market. The Bloom Brand announced on its website the company and its manufacturer-distributor, Greenfield Organix 4th St., voluntarily recalled four products sold between July 1 and July 19. The recall covers nearly 100 retailers across the Golden State. No other states were affected. “Batch Number […]

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Why financing is a key hurdle for California cannabis firms – and forcing some to the black market

California’s newly regulated marijuana market is the biggest in the world, but not everyone seeking to do business there can acquire the tools to even break in, let alone succeed. Many cannabis business owners are encountering a lack of funding opportunities, curbing their ability to thrive and forcing some to operate in the illicit market, […]

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Profits are a rarity: California’s new regulated marijuana market six months in

Half a year into California’s newly regulated marijuana market, it’s worth asking: How are licensed companies in the state doing financially? The short answer: Many are struggling. Chelsey Miles, a Sacramento-based accountant and consultant who works with licensed manufacturers, retailers and distributors, said most companies are “breaking even, but I don’t think they might be […]

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