California

Tue
23
Jul

Marijuana in California is changing quickly

California is widely regarded as the largest marijuana market in the world. With so many marijuana stocks to buy coming out of the singular market, California seems to be the hotbed for cannabis sales in the U.S. and abroad. Although the industry is one of the largest, this does not mean it’s immune to the issues of marijuana stocks. Many companies have seen oversupply problems as well as issues with the black market.

Fri
19
Jul

Why attend Cannabis Business Summit & Expo 2019?

With the cannabis market growing, the number of events that are offered to those in the industry is growing as well. So why choose this year’s Cannabis Business Summit & Expo over the others?

Thu
18
Jul

West Hollywood set to get “first of its kind” cannabis café

On Tuesday, West Hollywood stepped out in front of the cannabis dining and entertainment market by approving the country’s first licensed restaurant featuring THC and CBD-infused food. Lowell Farms — a project of marijuana company Lowell Herb Co. — will also offer an open-air smoking area. While cannabis industry types and users rejoiced over the decision, not all neighbors were pleased.  

Tue
16
Jul

Company looking to ‘brew’ cannabinoids secures $50 Million investment

On Thursday, one biotechnology company in the San Francisco Bay Area announced that it had just completed a massive fundraising round and secured $50 million, thanks to the fact the company has genetically modified brewer’s yeast so that it can ferment sugar into cannabinoids.

Fri
12
Jul

Here's why California's cannabis black market won't go away

As we all know, Prop 64 legalized cannabis for adult use in California. Voters gave it the green light in November 2016, paving the way for legal, licensed dispensaries to open their doors beginning in January 2018. Many Californians celebrated by flocking to dispensary doors and soon afterward consuming their first taste of legal, adult use cannabis. But that’s far from the end of the story, writes Danielle Simone Brand.

Thu
11
Jul

California is poised to pass a landmark hemp CBD Law

California is on the brink of legalizing hemp-derived cannabidiol (“Hemp CBD”) in many products—well, sort of.

Wed
10
Jul

Jay-Z partners with cannabis company as brand strategist

Jay-Z is heading into the legal marijuana industry as a chief brand strategist in partnership with a California cannabis product company.

The rapper said in a statement Tuesday that he entered a multiyear deal with San Jose, California-based Caliva. His role will consist of driving creative direction, outreach efforts and strategy for the brand.

Jay-Z says he also wants to increase the economic participation of people returning from incarceration through job training and workforce development.

The rapper called Caliva "the best partners for this endeavour."

Caliva operates a farm and two stores in Northern California. It also distributes its branded products in roughly two dozen other retail outlets in the state.

Wed
10
Jul

New subscription service ships concentrates directly to consumers

California cannabis manufacturer Apex Extractions announced on Tuesday that it is launching a new subscription program that will deliver top-quality cannabis concentrates directly to California consumers. The Apex Fresh Club, as the program is known, will send a selection of three concentrates with cannabis sourced from some of California’s finest cultivators to a discerning clientele.

Wed
03
Jul

High cannabis taxes keep black market alive in California

Two years ago, California voters overwhelmingly approved Proposition 64, which legalized adult cannabis use. Fast forward two years later, and the illicit market is “getting worse, not better.

Mon
24
Jun

California Officials launch campaign to combat illicit cannabis market

California cannabis regulators launched a new campaign on Friday that aims to combat the illicit marijuana market by educating consumers about the risks of unlicensed operators. Lori Ajax, the Chief of the Bureau of Cannabis Control (BCC), said in a press release that the statewide “Get #weedwise” public information program will encourage consumers to only purchase cannabis products from licensed businesses and serve as a warning to unlicensed companies to submit to regulation.

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