In a landmark move for the cannabis industry in California, Democratic Governor Gavin Newsom has signed Assembly Bill 128 into law. This pivotal legislation grants state regulators the authority to license Cannabis Event Organizers, marking a significant shift in the state’s burgeoning cannabis market. Under the new law, Cannabis Event…
California cannabis regulators are taking pointed aim at mistreatment of cannabis company employees throughout the state. The Department of Cannabis Control has sought assistance from law enforcement agencies throughout the state to help identify and root out labor exploitation, which they say has become a serious problem in the marijuana…
Over the next five years, it’s expected that the cannabis industry is going to double from its current size. Inevitably, this amount of fast-paced growth is going to demand a lot of funding – and space. Of particular concern are the property acquisitions and real estate investments that will be…
As one president after another over the last two decades has shown little interest in closing the yawning gap between state and federal marijuana laws, the future of cannabis in California – and the rest of America – may rest in the hands of the nation’s courts. Over the last…
California hospital facilities will be allowed to use medical cannabis for terminally ill patients. Gov. Gavin Newsom signed into law the Compassionate Access to Medical Cannabis Act, or Ryan’s Law – remarkable for the fact that he vetoed a similar measure in 2019 due to conflict with federal law. At…
It may not seem like the best time to purchase or invest in any business, but cannabis farms throughout California are still being scooped up. While COVID-19 has left the economy in a state of uncertainty, The Los Angeles Times reported the demand for cannabis actually surged in the immediate wake…
California cannabidiol (CBD) products are on the map, and investors are taking notice. But given that CBD-infused products are still relatively new to market, regulators continue to closely review the category. For this reason, acquisition strategies may be a ways off yet, but industry insiders predict consumer companies will see…
The California cannabis industry was one that was truly forged from the bottom-up. But now, it’s the little guys who are increasingly finding themselves on top – specifically, the top shelf. And bottom shelf. And off to the side. That’s not where they’d like to be, given what everyone knows…
California marijuana businesses had been hoping to see the onerous tax provisions of the 280E tax resolved once and for all with a review and definitive ruling from the U.S. Supreme Court. Unfortunately for marijuana companies, the nation’s high court declined to review the petition filed by a medical marijuana…
The growing number of athletes who are also budding cannabis fans are legion. Yet at least at the federal level, the drug continues to retain its Schedule I label, putting it in the same category with drugs like LSD and methamphetamine. As of this writing, 33 states allow marijuana use…