California cannabis company receives historic $1 million insurance payout following fire

It’s believed to be the largest insurance award ever given to a legal marijuana business. Industry insiders also see the event as another indicator of how rapidly the legal cannabis industry has matured, and how much corporate America’s “take” on cannabis companies has changed. Last month the Santa Barbara Independent reported that […]

California Considers Cutting Marijuana Taxes To Draw Legal Customers

SACRAMENTO, Calif. — Less than three months after California launched legal marijuana sales for adults, the state could consider temporarily slashing hefty tax rates that some say are driving buyers into the black market. Growers and sellers in the nation’s largest legal marketplace have been complaining that taxes that in some cases […]

San Francisco Is The First City In California To Embrace Cannabis Lounges

The smoke was thick and business brisk at the Barbary Coast Dispensary’s marijuana smoking lounge, a darkened room that resembles a steakhouse or upscale sports tavern with its red leather seats, deep booths with high dividers, and hardwood floors. “There’s nothing like this in Jersey,” said grinning Atlantic City resident […]

This Rural County In California Legalized Marijuana Farms Then Banned Them After Taking Their Tax Money

Dennis Mills peered over his shoulder at the green hills below, where marijuana farms dotted the Calaveras County landscape. “There’s another one!” he told the pilot with a laugh. The Cessna doubled back so Mills, a county supervisor, could steal a second look at a slope where trees had recently […]

In Response To Sessions, Berkeley Votes To Become First Marijuana Sanctuary City

As California continues to function in a new era of legal marijuana, Berkeley has declared it is now a “sanctuary city” for cannabis users. CBS San Francisco reports that the Berkeley City Council voted in favor of a resolution that would designate the area as a sanctuary city for cannabis customers, businesses, […]

Marijuana Industry In California Is Poised To Be A Leader In Job Creation

California is poised to become the largest recreational cannabis market in the world. It’s also a great place to get a job helping marijuana growers, processors, and sellers or work in adjacent services including legal advice, marketing and security for the nascent industry. That’s according to ZipRecruiter, an online employment marketplace, […]

Cannabis Company Donates 1 Million Meals In California

Bloom Farms, a California cannabis company, has donated 1 million meals as part of its corporate social responsibility program. For every product purchased, Bloom Farms gives the equivalent of one meal to a state food bank. “Donating our one-millionth meal shows that we’re succeeding for our customers, who have purchased […]

San Francisco To Clear Marijuana Convictions From Past 40 Years

Thousands of people with misdemeanor convictions for marijuana possession dating back 40 years will have their criminal records cleared, the San Francisco district attorney’s office said Wednesday. San Diego is also forgiving old convictions. Recreational marijuana became legal in California this year, and the law allowed those with prior low-level offenses to […]

Mike Tyson Enters Cannabis Realm With 40-Acre Ranch In California

Mike Tyson is on the verge of becoming a heavyweight in California’s burgeoning marijuana industry. The former boxer and some business partners have broken ground on a 40-acre ranch in the state that they envision as a destination for growers and consumers of newly legal weed. California, which had allowed […]

California Lawmakers Say New Marijuana Cultivation Laws Favor Large Corporate Farms

California’s new rules allowing marijuana cultivation favor large corporate farms despite a promise in Proposition 64 that small growers would be protected, according to a group of state lawmakers and marijuana industry leaders who called Monday for the policy to be changed. The California Department of Food and Agriculture issued emergency rules […]