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 […]

California Looks To Solve Banking Issues As Legal Marijuana Nears

California has a possible solution to the problem of banks being unwilling to handle money from the state’s multibillion-dollar legal marijuana industry, one that officials say would be the first system of its kind in the nation. Talks are underway between the state, banks and federal regulators on a plan […]

California Issues First Legal Marijuana Business Licenses

California’s legal marijuana market is finally, fitfully, taking shape. The state on Thursday issued the first batch of business licenses to sell and transport recreational-use pot, just 18 days before legal sales will begin on Jan. 1, 2018. The 20 temporary licenses — some of which were for the previously […]

How Has Legalization Altered The Way Kids Learn About Marijuana?

WESTMINSTER, Calif. — After Yarly Raygoza attended the drug prevention program at the Boys & Girls Club here last year, she used what she learned to talk a few friends out of using marijuana. The 14-year-old took the class again this year but worries that counseling her friends will become […]

California Marijuana Taxes Expected to Reach 45%

Buying legal marijuana in California could be pricey enough to keep the black market healthy. Between customers, retailers and growers, taxes on cannabis may reach as high as 45% in parts of the state, according to a Fitch Ratings report. Those high taxes may keep consumers away from legal marijuana […]

California Wildfires Are Hitting Marijuana Farms

Fatal fires that have consumed nearly 200,000 acres in Northern California, devastating the region’s vineyards particularly in Napa and Sonoma Counties, are also taking a toll on a fledgling industry just months before its debut: recreational marijuana. Many of the region’s farms, including those that harvest cannabis, have been scorched, […]

In California, Recreational Marijuana Means Lots of New Government Jobs

Scientists. Tax collectors. Typists. Analysts. Lawyers. And more scientists. Recreational marijuana use becomes legal in California in 2018, and one of the things to blossom in the emerging industry isn’t green and leafy, it’s government jobs. The state is on a hiring binge to fill what eventually will be hundreds […]

City of LA Approves New Recreational Marijuana Rules

Los Angeles may become one of America’s hottest marijuana markets soon, after city lawmakers approved new rules on Monday to regulate and legitimize the cannabis industry ahead of January’s full legalization of recreational use in the state of California. The regulations, which were first drafted in March, spell out requirements for […]

California Calls on Feds to Reschedule Marijuana

Last November, California voters approved a ballot measure to legalize marijuana. Now, the state’s lawmakers are formally calling on the federal government to reclassify cannabis. “The Legislature urges the Congress of the United States to pass a law to reschedule marijuana or cannabis and its derivatives from a Schedule I drug to […]