Business
Ticker: Pot grower fined, fishing gets relief
After imposing a cumulative $800,000 in fines last month, the Cannabis Control Commission slapped a $120,000 fine Thursday on a cultivator and manufacturer that sold vaporizer cartridges that exceeded allowed state limits for ethanol. The commission unanimously approved the fine and a four-month probation period for Revolutionary Clinics, which grows marijuana and manufactures marijuana products […]
Grandmother sues after she was arrested at Disney with CBD oil in her purse
By Gregory Lemos | CNN Attorney Ben Crump has filed a civil lawsuit against several entities including, The Walt Disney Co. and the Orange County Sheriff, on behalf of Hester Burkhalter, a 69-year-old White woman from Hickory, North Carolina, and her family. Crump said she “was wrongfully arrested and taken into custody at Walt Disney […]
New cannabis coworking space in Santa Ana aims to boost industry access, diversity
Anyone with experience in the legal cannabis industry will tell you that, given the steep regulatory costs, it typically takes north of $1 million to open a marijuana business in California. And with cannabis still illegal under federal law, it’s also notoriously hard for industry entrepreneurs — and particularly entrepreneurs of color — to borrow […]
Clint Eastwood sues CBD sellers over use of his name, image
By ANDREW DALTON | The Associated Press LOS ANGELES — Clint Eastwood sued several companies that sell CBD supplements on Wednesday, alleging that they are falsely using his name and image to push products he would never agree to endorse. Two lawsuits filed in federal court in Los Angeles include allegations that companies have spread […]
Richmond marijuana company owner doused in Pine Sol and sugar as coup de grâce to home invasion robbery
In the early morning of April 4, the owner of a Richmond marijuana concentrate company walked into his Concord home after spending the night in San Francisco, he almost instantly felt the muzzle of a gun press against the back of his head. “Get on the ground,” an armed robber told him. He did as […]
Colorado cannabis sales hit new all-time high in May at more than $192 million
Cannabis sales in Colorado set a new monthly record in May, hitting their highest level since recreational sales began in 2014.
Businessman sentenced to prison for involvement in black market marijuana organization
A California businessman described as the mastermind behind an illegal marijuana trafficking organization was sentenced to 12 years in prison for conning people out of money and shipping drugs out of state.
Ticker: CCC says don’t change pot tax; Google selects Mississippi site; Mortgage rates hit another low
Changing the way Massachusetts taxes legal marijuana could produce more revenue for the state, but it could also disrupt the fledgling cannabis industry, a report found. In a report by the Cannabis Control Commission, regulators and state revenue experts considered taxing pot based on its weight or potency, rather than the current price-based tax. Although […]
The struggle to enter California’s cannabis market: ‘So much heartache, so much pain’
Linda Grant sold weed in the streets of East Oakland for 35 years before California legalized marijuana in 2016. She’s been “going through hell” trying to open a licensed business ever since. Five years and two frustrating partnerships later, Grant still has to get a loan to pay for a business storefront before she can even […]
Colorado Gov. Jared Polis says pardons for marijuana convictions can start in 90 days
Colorado Gov. Jared Polis signed a bill into law Monday that allows him to mass-pardon Coloradans with minor marijuana possession convictions, although he has not said exactly how the process will work. Lawmakers passed House Bill 1424 on June 15, the last day of the 2020 legislative session. The bill aims to make the legal […]