IN THE NEWS

L.A. Marijuana Factions Fight Over Their Pot of Gold

May 26, 2016

If California voters back Proposition 64 to legalize marijuana in November, the state will have the lowest statewide excise taxes on weed in the country. Aside from the obvious response—cheaper legal weed!—this is an important development that shows California policymakers have learned from the mistakes made in some other states that went down the legalize-and-tax-it

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The marijuana industry is in a ‘catch-22’

May 14, 2016

Last week, the nascent marijuana industry in California scored a huge victory: The Department of Justice dropped its four-year attempt to shut down Harborside Health Center, the largest medical-marijuana dispensary in the country. But the industry still faces “monumental challenges” to doing business, Aaron Herzberg, an attorney and a partner at California-based Calcann Holding Corporation,

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With Harborside Lawsuit in Rearview Mirror, End of Difficult Chapter for MJ Industry is Near

May 4, 2016

Source: MJ Biz Daily Steve and Andrew DeAngelo fought the law … and the brothers won. The duo scored a major legal victory this week after the U.S. Department of Justice dropped its high-stakes legal case against their prominent dispensary, California-based Harborside Health Center. The four-year battle threatened to close Harborside, one of the nation’s largest and oldest

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What Will Rescheduling Marijuana Mean for the Pot Industry?

Apr 20, 2016

Early this month, the Drug Enforcement Administration announced that it would make a decision on whether to reclassify marijuana. Under the Controlled Substance Act, the federal government considers marijuana a Schedule I narcotic, meaning that it has high potential for abuse and no medical benefits, a position at odds with the 24 states that have legalized medical marijuana

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U.S. In California, Marijuana Is Smelling More Like Big Business

Apr 11, 2016

ADELANTO, Calif. — After decades of thriving in legally hazy backyards and basements, California’s most notorious crop, marijuana, is emerging from the underground into a decidedly capitalist era. Under a new state law, marijuana businesses will be allowed to turn a profit — which has been forbidden since 1996, when California became the first state

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Supreme Court Denies Challenge to Colorado’s Cannabis Laws: Industry Outlooks

Mar 22, 2016

The Supreme Court shut down a lawsuit on Monday brought by two states against Colorado for its recreational cannabis laws. Nebraska and Oklahoma brought the case to the Supreme Court, claiming that the recreational cannabis industry in Colorado is responsible for the illegal exportation of cannabis outside of Colorado. “Colorado has facilitated purchase of marijuana

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Justices won’t hear Nebraska, Oklahoma marijuana dispute with Colorado

Mar 21, 2016

WASHINGTON — The Supreme Court refused Monday to referee a simmering dispute between Colorado and two neighboring states over the cross-border impact of marijuana legalization, heartening legalization advocates who feared the high court could have rolled back their gains. The justices denied an effort by Oklahoma and Nebraska to bring their grievances about pot-related crime

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How Does the MJ Industry Feel About SCOTUS Nominee?

Mar 21, 2016

Source: Toke Tank Although much of the bi-partisan politics world is against President Obama’s recent SCOTUS nominee, Judge Merrick Garland, the marijuana industry as a whole remains optimistic. From thoughts that Mr. Garland will bring a well-balanced viewpoint based on science rather on propaganda and scare tactics to his logical interpretations of the laws, check

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SCOTUS tosses anti-pot lawsuit against Colorado

Mar 21, 2016

For over a year, Colorado has been staring down a lawsuit from neighboring Nebraska and Oklahoma that sought to quash our recreational pot industry. Plaintiffs not only claimed that legal weed trickling over the border “[places] stress on their criminal justice systems,” but also made a federalist argument that the state laws in question unconstitutionally

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Marijuana Industry Cautiously Optimistic For Supreme Court Candidate

Mar 19, 2016

While the vote for the Supreme Court nomination remains in limbo, various special interest groups are taking a look at Judge Merrick Garland. Of course, each group is combing through the judge’s various rulings to gauge where he stands on specific issues. The marijuana legalization community is no different. I asked some cannabis business leaders

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Is Marijuana Saving Small Towns?

Mar 18, 2016

The cannabis industry is revitalizing small towns in states across the U.S. where medical marijuana cultivation is now legal. Decades ago, the arrival of weed on main street seemed the harbinger of disrepair and doom accused of tarnishing the youth and serving as a gateway drug to a life of poverty. Now marijuana signals renewal and

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Cannabis industry execs chime in on Obama’s nomination of Garland to Supreme Court

Mar 16, 2016

Cannabis industry executives chimed in this morning on President Obama’s nomination of Merrick B Garland, 63, to the U.S. Supreme Court. In general, the industry seems pleased with the choice, touting Garland’s pragmatic approach to law and his support for science and scientific research. Garland hasn’t been a champion of cannabis reform in the past,

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