Constellation Brands has made the biggest investment the marijuana industry has ever seen with a mighty $4 billion going to Canopy Growth. Canopy Growth, a Canadian company, was already considered one of the giants of the cannabis industry, and this investment will only further their global footprint, according to a…
Articles Posted in California marijuana business lawyers
Marijuana Businesses Feeling Heat from California Wildfires
Wildfires raging in California are devastating lives and promise to have major effects on marijuana businesses throughout the state. Many are saying the rampant fires are some of the worst in the state’s history, and are particularly devastating considering it was just last year that 1.3 million acres were annihilated…
Putting Stock in the Future of Cannabis Businesses
A new first for cannabis businesses recently took place, with the first initial public offering on a U.S. stock exchange by a marijuana producer. Ontario, Canada-based cannabis conglomerate Tilray went public on New York NASDAQ recently. The stock price spiked 30 percent in one day proving what we have been…
Creative Solutions for California Marijuana Business Owners
When life hands you lemons, make lemonade … or in this case cannabis-infused water. A brewery in northern California called Lagunitas is doing just that with a line of sparkling waters it plans to sell in dispensaries. Drinks with cannabis are not common, but the brewery was able to achieve…
Senate Plants Seed for Hemp Legalization
U.S. Senate overwhelmingly voted to pass HR-2 Agriculture and Nutrition Act of 2018, also known as the Farm Bill, which contains (among standard food policy legislation) measures to legalize industrial hemp sales, cultivation, and processing, according to a report from Forbes. Hemp is a variety of cannabis popular for its…
Hashing Out Cannabis Supply Issues
California could learn a thing or two from those who paved the way for cannabis legalization. For example, Uruguay was the first country to fully legalize marijuana, and the South American country has learned much as a result of trial-by-error. Cannabis was legalized there five years ago, but it wasn’t…
Inventory Situation Could Get Sticky for Marijuana Businesses
Time is almost up for marijuana business owners to achieve full compliance of testing and packaging regulations. For six months, businesses have enjoyed a grace period that allowed them to sell marijuana products that were not in total compliance so long as they included a label indicating any safety standards…
Fighting Pests on Cannabis Farms the Legal Way
One of the biggest obstacles for any farming community is how to best control pests. Each plant attracts a different set of insects and animals and requires special care to deter wildlife from harming crops. Farmers must also take into consideration how pest-control methods could harm natural surroundings and affect…
The Taxman Cometh: California Cannabis Businesses Unlikely to See Relief
It’s time for California to take a serious look at taxes that state and local governments are imposing on cannabis business owners. Some legislators agree, but others think the higher taxes should stand, at least for a while longer. For now, the current tax rate will remain, as an assembly…
Expect More Recreational Marijuana Events in Our Future
In a big step toward the normalization of cannabis, the 2018 NorCal Cannabis Cup in Santa Rosa, Calif., has been granted a recreational marijuana license. In the past, the event was only a gathering of people who appreciated cannabis, with booths, activities, food, music, and marijuana-related products, but not the…