Post Tagged with: "california"

Today In The US, The Fastest Growing Industry Is Legal Marijuana

Today In The US, The Fastest Growing Industry Is Legal Marijuana

        The ArcView Group, a cannabis industry investment and research firm based in Oakland, California, surveyed hundreds of medical and recreational marijuana retailers in states where sales are legal, as well as ancillary business operators and independent cultivators of the plant, over the course of seven months during 2013 and 2014. ArcView also compiled data from state […]

September 15, 2015 · 0 comments · Investing
Tectonic Shift For Medical Pot

Tectonic Shift For Medical Pot

AB 266 is an unprecedented compromise — the merging of one police-crafted bill and one that was more industry-leaning. It is co-authored by Assemblymembers Rob Bonta (D-Alameda), Ken Cooley (D-Rancho Cordova), and Reginald Byron Jones-Sawyer (D-Los Angeles). The bill spreads regulatory authority over seven state agencies, with oversight by the governor’s office. If that happens, California will begin regulating the […]

September 2, 2015 · 0 comments · Investing
Tax Collector In California Wants To Bank Legal Cannabis

Tax Collector In California Wants To Bank Legal Cannabis

So does this clear the way for legitimate marijuana money once and for all? Banks may not want marijuana’s money, but the state of California does. Board of Equalization of California, the nation’s only elected tax commission, is developing a proposal that would allow it to serve as something of a bank for the states legal marijuana sector. Fiona Ma, a […]

August 20, 2015 · 0 comments · Investing
California Plans For Marijuana Legalization, But Are They Ready?

California Plans For Marijuana Legalization, But Are They Ready?

        If Californians vote next year to legalize the sale of recreational marijuana, will the state be ready? There is an effort underway in California to get a marijuana legalization initiative on the 2016 ballot. A report released last month by the Blue Ribbon Commission on Marijuana Policy provides a road map for regulating pot in California. […]

August 19, 2015 · 0 comments · Investing
In Sacramento, Businessmen Learn How To Capitalize On Marijuana

In Sacramento, Businessmen Learn How To Capitalize On Marijuana

But not everyone is on board the cannabis train. “We don’t need any more stoned people, workers and teachers and drivers and students,” said Carla Lowe of Carmichael, the founder of Citizens Against Legalizing Marijuana. “We don’t need more kids dropping out of school.” That potential includes everything from cannabis-based herbal oils to marijuana edibles, which are legal under California’s […]

April 13, 2015 · 0 comments · Investing
New Phase Entered By Conflicts In Medical Pot Legalization

New Phase Entered By Conflicts In Medical Pot Legalization

The mayor, the city attorney and leaders of the local Chamber of Commerce all came for the ribbon-cutting in 2006. The conditions for his business license, including a ban on customers younger than 18 and compliance with California’s medical marijuana laws, were posted on the wall. Charles C. Lynch seemed to be doing everything right when he opened a medical […]

April 9, 2015 · 0 comments · Investing
Maple Leaf Gets the Green Light on Its California Project

Maple Leaf Gets the Green Light on Its California Project

Maple Leaf Green World (TSX VENTURE:MGW) (“Maple Leaf” or the “Company“) is pleased to announce that the non-profit Collective (“Collective“) in California with which the Company previously announced a joint venture arrangement (see news releases dated October 28th and November 18th, 2014) has been properly formed and organized as required by applicable law in the State of California to supply […]

March 26, 2015 · 0 comments · Investing
Problems That Can Arise After Pot Legalization

Problems That Can Arise After Pot Legalization

      Illinois in 2013 passed a highly-regulated pilot program that so far has resulted in a relatively low number of approved patients (1,600 at the state’s last count, earlier this month) and a tediously long delay between becoming law (Jan. 1, 2014) and being launched (it will be months before patients begin picking up prescriptions).  This is because […]

March 16, 2015 · 0 comments · Investing
Marijuana Business Attracting Different Types Of Entrepreneurs

Marijuana Business Attracting Different Types Of Entrepreneurs

I see myself as an entrepreneur, Jones said. Juana Box launches in just a few weeks, shipping boxes of smoking accessories glass pipes, rolling papers, vaping pens across the nation. However, the one key ingredient missing is marijuana. This new mom currently markets tobacco use only to those over 19, but she’s poised to blow her business, partnering with marijuana […]

February 23, 2015 · 0 comments · Investing
Thousands To Attend HempCon In California

Thousands To Attend HempCon In California

Industry leaders said this event is larger than ever. “In this room, we have hundreds of entrepreneurs, new technology. All of the stuff is made in the U.S.A. The cannabis smoke here is from California,” HempCon General Counsel Freddy Sayegh said. So, what is this event? It’s HempCon and in this convention, thousands of people are expected to pour into […]

February 18, 2015 · 0 comments · Investing