Three weeks after recreational cannabis sales officially became legal in California, select Los Angeles businesses were allowed to open their doors for commercial sales. While the Adult Use of Marijuana Act made recreational sales legal in the state Jan. 1, it is still up to city and county governments to…
Articles Posted in marijuana business
Cautious Optimism Surrounds Marijuana Business Stocks
While there are lingering concerns around the cannabis industry, with the federal government scrutinizing state legalization measures and uncertainty about the effects of tax reform and unemployment rates, there is still a lot of optimism surrounding marijuana industry stocks in the U.S. Cannabis stocks saw a spike around the holiday…
Marijuana Company Embroiled in Branding Dispute
There are many considerations to take into account when starting a marijuana business, and branding is one of those. The marijuana industry on the whole prides itself on branding that is bold, cheeky and perhaps a little more risque than most. But cannabis start-ups must be careful to research whether…
Can California Cannabis Companies Combat Racial Inequality?
Here in Oakland, those convicted of marijuana trafficking are getting a new opportunity to launch California cannabis businesses under the city’s Equity Applicant system. The goal is provide longtime residents, typically those who live below the poverty level – including those who have prior convictions for marijuana sales – get…
From Ghost Town to Green Town: Marijuana Business Buys Community for Cannabis Tourism
The town of Nipton, California is a small, unincorporated community in San Bernardino County bordering the Mojave National Preserve. An old cattle-loading and mining town, its population today fluctuates somewhere between 6 and 30. About three decades ago, a gold miner from Malibu purchased the ghost town. As The New…
California’s Recreational Marijuana Laws Can Expose Cannabis Businesses to New Operating Expenses
The legalization of recreational marijuana use in California has presented many lucrative business opportunities within the cannabis industry. The Hill reports that Washington and Colorado surpassed one billion dollars in annual sales of marijuana in 2017 after legalizing its recreational use. California, by contrast, brought in two billion dollars of…
Update: LA City Releases Medical Marijuana Business Regs Draft
The City of Los Angeles has just released a draft of the “Commercial Cannabis Activity Requirements.” These are the essential regulations for the medical marijuana business in the City of Los Angeles. This document is 51 pages and must be posted for 60 days during a period for the public…
Studies Show Cannabis Compound Can Halve Seizures in Epileptic Patients
Evidence continues to mount demonstrating the many health benefits of cannabis and cannabis compounds. According to Medical News Today, researchers from Ohio State University recently conducted a study on the impact of a daily dose of Cannabidiol on patients suffering from a severe seizure disorder called Lennox-Gastaut Syndrome (LGS). The…
Experts: Regulate Marijuana Potency to Lower Psychosis Risk
There is a worldwide trend toward liberalization and increasing consumption of marijuana. One of the only real harmful side effects of the drug (not withstanding use by motorists) is the potential for transient symptoms of psychosis, particularly among novice users. You may recall the 2015 “American Sniper” trial wherein prosecutors successfully…
Banker Seeks Promotion of Cannabis as the New Chamomile
When any consumer of marijuana – medicinal or recreational – seeks to purchase products, they typically will find them under names like, “Super Lemon Haze” or “God’s Green Crack.” But increasingly, marketers are seeing these kinds of “stoner slang” terms out-of-step with many consumers – or potential consumers. Instead, those looking…