Economics 101 teaches us about supply and demand, but you don’t need a business degree to see that the supply of recreational marijuana retailers is way lower than the demand in California. For every 100,000 residents, there is less than one store available that sells adult-use product, according to recent…
Long Beach will soon be the next city in Los Angeles County to embrace recreational marijuana after its city council voted overwhelmingly to regulate industry operations. The council passed a series of amendments that will set guidelines for cultivators, testing labs, distributors, and dispensaries in the city, according to an…
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…
Marijuana laws in Ohio have experienced a bit of a failure to launch. In 2015 a legalization ballot measure was voted down, largely due to a scare campaign that positioned the 10 pre-designated cultivators as a monopoly. In 2016, HB-523 was signed into law by Gov. John Kasich that set…
Spice, K2, synthetic marijuana: whatever you call it, we know these alleged cannabis knockoffs have about as much in common with the natural drug as a circle to a square. Lawmakers have long been chasing down these dangerous substances, to no avail. But the Illinois State Senate is taking steps…
Despite legalization of recreational marijuana sales earlier this year, Fresno remains one of the communities wherein cannabis-related activity is still banned: No recreational sales, no medical sales, no commercial growing, no testing, no distribution, no manufacturing. Residents can grow indoors for personal use or if they are a caretaker, but that’s…
Here in California, we have more than 20 years of anecdotal evidence of the ways medical marijuana can be used to treat a variety of ailments. Thanks to the Compassionate Use Act of 1996, patients have been reaping the benefits of cannabis for everything from glaucoma to anxiety and chronic…
In the midst of tax season, the paradox of tax-paying marijuana business owners being treated like criminals takes center stage. The San Francisco Chronicle recently described the scene as marijuana retailers brought bags of cash to tax administration offices. Some retailers reported bringing in up to $80,000 at a time. But…
There are many questions that have been answered with the legalization of recreational marijuana in California. What? Proposition 64 was approved by voters and made legal adult-use marijuana. Who? Residents 21 years or older. When? As of Jan. 1, 2018. Where? Now, that’s a trickier matter. Firstly, the state law…
While many Californians are finally enjoying the freedom to use recreational marijuana, some are questioning how safe their private information is when they make a purchase. When Proposition 64 went into effect Jan. 1, adult-use marijuana became legal in the state, with local governments able to set up their own…