Coworkers Become Enemies As Cannabis Consultants Feud In Cutthroat Market

The CEO of SIVA Enterprises has filed suit against start-up Cirrata and five executives in that company, previously employed at SIVA, over alleged civil and criminal acts committed in a supposed effort to undermine SIVA’s business, Marijuana Business Daily reports. Avis Bulbulyan of SIVA is pitting himself against Lance Ott, Steve Baghoomian, David Yeager, Colton Lasater and […]

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California Cannabis Taxes Generate $74 Million in 2nd Quarter

California’s cannabis tax numbers are in for the second quarter of 2018 and the numbers suggest the market is trending toward compliance, despite the market’s rocky start. Tax revenue from the cannabis industry totaled $74,240,257 from April 1, 2018, through June 30, 2018, which includes state cultivation [$4.5 million], excise [$43 .5 million] and sales […]

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Sacramento Launches Cannabis Equity Program to Help Drug War Victims

The city of Sacramento, California voted in favor of a cannabis equity program that helps the communities and people most harmed by cannabis prohibition last week, reports CBS. Sacramento is the fourth city in California to establish a cannabis equity program after Oakland, San Francisco, and Los Angeles. The cannabis equity program in Sacramento fast-tracks cannabis business […]

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Study: 18% of California Cannabis Consumers Buy From Illicit Market

In a study published today by Eaze, it was revealed that — despite living in the world’s largest legal cannabis marketplace — nearly one in five (18 percent) of California cannabis consumers have bought cannabis products on the illicit marketplace in the last three months. The study compiled 1,750 online surveys from California, Colorado, and […]

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California’s Adult-Use Cannabis Market Experiences Growing Pains

On January 1, California opened the largest legal adult-use cannabis market in the world. The marketplace, however, has experienced a resoundingly unimpressive launch, with sales numbers hovering at about 50 percent of pre-legalization predictions. At the heart of the market’s tumultuous start, there lies a mess of issues — including over taxation, burdensome regulations, local […]

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Afzal Hasan: Cannabis Industry Investments and Acquisitions

Afzal Hasan is the President and General Counsel for CannaRoyalty, a Canada-based investment firm with cannabis acquisitions in Canada, California, Washington, Oregon, Florida, and Puerto Rico. In this episode of the Ganjapreneur.com Podcast, Afzal joins host TG Branfalt to discuss his transition into the cannabis space as a high-level corporate attorney; the strategies being used […]

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34 Arrested In San Diego Cannabis Delivery Crackdown

One year ago, the San Diego Police Department (SDPD) launched a targeted crackdown on illicit cannabis delivery services in the city; yesterday, a report published by the SDPD disclosed the results so far of that crackdown: 11 delivery services have been shut down and 34 individuals have been arrested. Police also confiscated business records, 230 […]

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California Vape Cartridge Company Issues Industry’s First Cannabis Product Recall

The Bloom Brand — a manufacturer of cannabis vape cartridges, disposable vape pens, and oil infusions — and its distributor, Greenfield Organix 4th St., voluntarily issued the California cannabis industry’s first product recall on Wednesday; the alert was posted on The Bloom Brand’s company website. The recall was issued for Bloom products containing cannabis Batch Number […]

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California to Block Hemp-Derived CBD From All Food Products

The California Department of Public Health’s Food and Drug Branch (CDPH-FDB) updated an FAQ last week to address food products containing hemp-derived CBD and — according to a Canna Law Blog report — it could completely upend the state’s well-established and diverse CBD product marketplace. “Although California currently allows the manufacturing and sales of cannabis products […]

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IndicaOnline Dispensary Point of Sale Integrates with Metrc Compliance Software

Managing cannabis compliance has been a complicated process for many marijuana retailers in medical and recreational markets. While many of the legal states in the U.S. have very similar regulations, each state has their own compliance nuances. IndicaOnline has recently developed comprehensive compliance tools within their dispensary point of sale software that simplifies sales and […]

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Proposal Released for California’s Permanent Cannabis Regulations

California’s Bureau of Cannabis Control (BCC) released a proposal on Friday, July 13 outlining permanent cannabis industry regulations for the state. The 136-page document details every proposed rule for the burgeoning cannabis industry, but the BCC also released a fact sheet summary of industry changes under the proposed regulations. Industry-wide changes The proposal’s industry-wide changes include […]

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California Dispensaries Struggle to Find Compliant Products

California’s new testing regulations took effect July 1 and dispensaries across the state are fighting against the weight of new restrictions. According to a Desert Sun report, many are struggling to get anything on their shelves at all and no dispensary has enough product to fill their shelves. “I’m getting pictures every day of retailers that went […]

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California Cannabis Festivals Struggling Under New Rules

According to an East Bay Times report, California’s new cannabis rules are causing difficulties for cannabis festivals. During the first year of adult-use legalization, promoters had planned to switch away from the loose, medical industry’s system that they had been using (where every attendee had to get or already have a doctor’s recommendation). However, many California jurisdictions […]

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California Dispensaries Offloading Cheap Product; Shortage Looms with Regulatory Transition Period Ending Sunday

On Sunday, July 1, California’s adult-use cannabis industry will undergo a major overhaul. When the industry kicked off in January, it came with a six-month grace period of “mandatory” but unenforced compliance. Most companies took advantage of this and have been conducting business as usual but, as that time comes to a close this weekend, […]

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Cy Scott: How Data Can Help Startups Navigate Emerging Cannabis Markets

It has been nearly four years since adult-use cannabis legislation took effect in Washington and Colorado, and in that time the market landscape has evolved and shifted at breakneck speed. As emerging markets in California, Canada, and elsewhere begin to take off, entrepreneurs are bound to face even greater obstacles and competition. While the first […]

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MedMen to Buy Florida Cannabis Operator for $53M

California-based MedMen intends to buy a Florida medical cannabis operation from Treadwell Nursery in a deal worth $53 million, according to the Sun Sentinel. Treadwell, who operates in the cannabis space under the name “Remeny Wellness,” will be transferring its five-acre cultivation site in Eustis and the company’s right to operate up to 25 dispensary locations. MedMen […]

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Steep Hill Offers Compliance Consulting as California Approaches July 1 Regulatory Launch

California’s adult-use cannabis marketplace opened for business in January, and although regulatory compliance has been mandatory for cannabis goods produced in 2018, many have avoided state-mandated testing. The second phase of regulations come into effect July 1, and cannabis companies in California are expected to be 100 percent compliant with all state and local laws. […]

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California Senate Advances Bill Establishing Statewide Cannabis Banking Services

The California Senate has advanced Senate Bill 930 — a.k.a. the Cannabis Limited Charter Banking and Credit Union Law — which seeks to establish new rules allowing California banks to serve businesses who are denied banking services due to their involvement in the still federally prohibited cannabis industry. According to an Associated Press report, the bill passed through […]

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Los Angeles, California Cracks Down on Unlicensed Cannabis Operators; 160 Arrested

A crackdown on unlicensed commercial cannabis locations in Los Angeles, California yesterday resulted in 160 arrests and 36 criminal cases against 142 people, according to a KTLA report. Los Angeles Police Department Officer Stacy Spell said, since January, the department has served 54 search warrants on illegal shops, seizing more than 6,200 pounds of cannabis […]

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California Lawmakers Kill Cannabis Bills as Session Winds Down; 7 Remain

Editor’s update: A previous version of this article indicated incorrectly that the delivery-focused bill outlined below had already been rejected by lawmakers. At the time of this update (12:05 pm PST), the bill is currently on the California Senate floor. Several cannabis-related bills have failed in California just days before the deadline for them to pass […]

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State Regulators, Canna Operators and Testing Experts Gather to Evaluate the Cannabis Industry at the Canna West Summit

After three successful Cannabis Compliance Summits on the east and west coasts, Infocast is proud to announce the return of the Canna West: Compliance, Testing & Product Safety Summit, taking place June 5-7, 2018 in Redondo Beach, CA. The Summit will bring regulators, policymakers and testing experts together with cannabis operators to share industry best practices. […]

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Feds Tell California Brewer to Cease CBD Beer Production

The federal Alcohol and Tobacco Tax and Trade Bureau have ordered a California brewery to cease production of their CBD-infused beer because hemp is a non-standard beer ingredient, the San Francisco Chronicle reports. Black Hammer Brewing unveiled Toke Back Mountain on Apr. 20 and released eight more CBD-infused beers, which owner Jim Furman said became […]

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Class Action Lawsuit Filed Against Xzibit-Owned Vape Cartridge Company in California

A class action lawsuit against vape cartridge manufacturer Brass Knuckles has been filed in California which alleges breach of warranty, false advertising, unfair competition, misbranding, and adulteration of the THC concentrate pens, according to the Cannabis Law Report. The lawsuit also names SC Laboratories Inc. and company owner Alvin Nathaniel Jones, better known as Xzibit, […]

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Creating Pro-Forma Financial Statements for Your Cannabis Business

Part of being an entrepreneur is having to wear many hats. As a business owner, you’re also the head of HR, chief marketing officer, and – for better or worse – the head accountant. Many business owners find accounting and preparing financial statements one of the most difficult and confusing parts of running a company. And, […]

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