IN THE NEWS

Marijuana Industry Gives Obama’s SCOTUS Nominee Cautious Thumbs Up

Mar 16, 2016

The marijuana industry is giving a cautious thumbs up for Judge Merrick Garland, the jurist President Barack Obama nominated Monday to replace Justice Antonin Scalia on the U.S. Supreme Court. “Widely recognized not only as one of America’s sharpest legal minds but someone who brings to his work a spirit of decency, modesty, integrity, even-handedness

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Struggling California desert towns seek tax bonanza with pot farms

Mar 14, 2016

Two years ago, in this desolate Coachella Valley town surrounded by scraggly mesquite, voters heartily endorsed marijuana as a cure for their ailing economy. For decades, Desert Hot Springs had relied on its steaming mineral waters to lure tourists to local motels for healing baths and spa treatments. But the town of 28,000 mostly suffered.

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Struggling California desert towns seek tax bonanza with pot farms

Mar 13, 2016

Two years ago, in this desolate Coachella Valley town surrounded by scraggly mesquite, voters heartily endorsed marijuana as a cure for their ailing economy. For decades, Desert Hot Springs had relied on its steaming mineral waters to lure tourists to local motels for healing baths and spa treatments. But the town of 28,000 mostly suffered.

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Struggling California desert towns seek tax bonanza with pot farms

Mar 12, 2016

Two years ago, in this desolate Coachella Valley town surrounded by scraggly mesquite, voters heartily endorsed marijuana as a cure for their ailing economy. For decades, Desert Hot Springs had relied on its steaming mineral waters to lure tourists to local motels for healing baths and spa treatments. But the town of 28,000 mostly suffered.

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Struggling California desert towns seek tax bonanza with pot farms

Mar 12, 2016

BY PETER HECHT phecht@sacbee.com Nearby, a firm called CalCann Holding Corp., is planning a $5 million development, including a climate-controlled glass greenhouse. Within a year, it is expected to begin using the desert sun and artificial-light augmentations to produce 8,000 pounds of marijuana buds annually. The CalCann venture is headed by general counsel Aaron Herzberg,

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Everything You Need to Know About Investing in Cannabis

Mar 8, 2016

There’s a lot of hype cropping up about the cannabis industry’s earning potential. Does that mean you should invest in a hydroponic rig and start taking botany classes? No. What it does mean is that there are myriad ways to invest in cannabis smartly, safely and legally. Heed these guidelines and you won’t go the

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Coalition Launched to Reform LA Cannabis Dispensary Operating Authorizations

Feb 25, 2016

CalCann Holdings, LLC 695 Town Center Drive, Unit 700 Costa Mesa, CA 92626 CONTACT: Ethan Andersen ethan@nisonco.com 732-207-6771 FOR IMMEDIATE RELEASE   Coalition Launched to Reform LA Cannabis Dispensary Operating Authorizations THURSDAY, FEBRUARY 25 — Los Angeles, CA — ReformLA, a new coalition aiming to formalize how the City of Los Angeles authorizes medical marijuana

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CalCann Holdings Hopes to Bring Credibility to Southern California’s MMJ Industry

Feb 18, 2016

Southern California’s medical cannabis industry is one of the largest in the country, but it’s also one of the most chaotic and controversial given the proliferation of unregulated, unscrupulous dispensaries in the Los Angeles area. CalCann Holdings hopes to change that. The company is looking to help build the region up into a reputable hub for the marijuana industry by

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Marijuana growers, like one Costa Mesa company, look to produce pot out in the desert

Feb 12, 2016

 Out in Coachella Valley, in the small city of Desert Hot Springs, there’s plenty of land and sunshine. What’s missing is industry, along with the jobs and tax revenue those businesses bring. So city officials welcomed the announcement Jan. 26 that CalCann Holdings planned to set up shop and build a greenhouse to grow some

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From comedy to cannabis: Roseanne Barr invests in Santa Ana pot shop

Feb 12, 2016

SANTA ANA – First, comedian Roseanne Barr blazed trails with her sitcom; more recently she joined the growing reality TV world as she farmed macadamia nuts in Hawaii. Now the onetime presidential hopeful whose slogan was ‘Yes, we Cannabis!’ is entering the budding medical marijuana industry – in Santa Ana. Barr will be an investor

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Marijuana Tax Proposal in CA, New Competition in NY + Cannabis Ad Relief?

Feb 12, 2016

By Omar Sacirbey and John Schroyer California lawmakers consider implementing new taxes on medical cannabis sales, New York MMJ businesses could see more competition in the near future, and a federal bill seeks to open up cannabis advertising. Here’s a closer look at several notable developments in the marijuana industry over the past week. A Taxing Situation

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Super Bowl Sparks Increase In Marijuana Sales

Feb 12, 2016

Super Bowl 50 brought a whole new meaning to the phrase, “this bud’s for you.” Green Rush, the largest cannabis delivery platform in California, says Super Bowl weekend was the most lucrative in the company’s history. So big, it was better than the 4/20 marijuana holiday celebrated in April. Jude Widmann, director of operations at Green Rush,

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