california Archive

Major marijuana-related campaign donations late in campaign

John Schroyer  | September 19, 2016

Proponents and opponents of cannabis legalization are gearing up for the final stretch of the 2016 political campaign, and for both camps that means some big last-minute donations.

In Florida, casino mogul Sheldon Adelson – who funded most of the anti-medical marijuana ads two years ago – has jumped back into the fray with a …

Growing without synthetic pesticides: Q&A with Fleurish Farms’ Ethan Rubendall

John Schroyer  | September 13, 2016

By John Schroyer

Grower Ethan Rubendall is arguably an extremist: He refuses to use chemicals on his cannabis plants, opting instead for all-natural techniques to fight pests.

He argues his approach – including the use of plant-based sprays and aphid-repelling crops like chickpeas – is more effective than the potentially toxic chemicals other MJ growers use.

SoCal marijuana grower raises $6.5M for cultivation facility

John Schroyer  | August 31, 2016

Canndescent, a commercial marijuana grower in Southern California, announced Wednesday it has closed a $6.5 million funding round to bolster its cultivation facility in Desert Hot Springs.

The raise was completed from more than 30 investors, according to a news release, and will go toward “working capital, marketing, and additional property, plant and equipment.” The …

Big shift in store for Los Angeles medical cannabis businesses

John Schroyer  | August 24, 2016

By John Schroyer

Significant changes are on the way for Los Angeles’ sprawling, largely unregulated medical marijuana industry.

City lawmakers are expected to place a measure on the local ballot next year to reform existing rules and create a new regulatory framework for the MMJ industry.

Week in Review: Big legal victory, nervous credit union & unrequited love in MA

Omar Sacirbey and John Schroyer  | August 19, 2016

By Omar Sacirbey and John Schroyer

The marijuana industry scores a big legal victory, a credit union in Alaska gets cold feet, and a Massachusetts city nixes a controversial business deal with a medical cannabis dispensary.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

Once High-Flying Barclays Banker Backs CA Cannabis Venture

Omar Sacirbey  | August 18, 2016

A once high-flying banker at Britain’s Barclays Plc plans to use his financial savvy to capitalize on California’s marijuana industry.

Richard Jenkins, one of Barclays’ highest paid bankers, is behind a California investment fund that has bought real estate to set up a marijuana business in his adopted home of California, Bloomberg reported.

Californians will vote on an …

Nevada AG Opposes California Doctor MMJ Recs

Omar Sacirbey  | August 1, 2016

Nevada’s attorney general delivered potentially bad news for at least some of the state’s medical marijuana dispensaries, suggesting that they should no longer be allowed to serve MMJ patients from California who only have a doctor’s recommendation to use the drug.

Attorney General Adam Laxalt penned his opinion on the matter in a letter to the …

CA dispensary promises court fight over $767K tax ruling

Omar Sacirbey  | July 29, 2016

A California district court has ruled that Medimarts dispensary in San Jose must pay the city $767,058 in taxes and late fees, but the owner says the municipality’s not getting a dime.

Medimarts president David Armstrong says his group is a collective where members are co-owners who don’t buy marijuana, but rather make an “equitable …