As most folks know by now, a lack of banking services have forced cannabis businesses, including those legal under state law, to deal predominantly in cash due to continued U.S. banking laws that make it nearly impossible to do business with federally chartered financial institutions. There are a few reasons why Canada, the first G7
Voting to legalize, regulate, and tax cannabis at the statewide ballot box is just a part of the political battle for the California cannabis community, and any state that has or will end prohibition within its borders. With strong support among voters across demographics, passing a legalization measure is much easier than implementing the most
Licencing of cannabis businesses has been rather slow out of California since the state started accepting applications last December. The deliberate pace caused for early economic projections to be downgraded by some analysts, a rare occurrence thus far as most states have exceeded initial estimates. The California market is about to get a shot of adrenaline as
You may not know this, but Germany is kind of a big deal. In fact, with an impressive 82 million person population, Germany is the largest member state of the 28 countries comprising European Union, accounting for a full 16% of the total population and an astounding 28% of the euro area economy. At the
On Saturday, January 20th, Los Angeles joined the growing number of California cities which have begun official implementation of the Proposition 64 and are now selling cannabis for recreational use to adults aged 21+. Despite significant consumer demand for cannabis in the nation’s second-largest city, the municipality has not quickly embraced regulatory oversight and has
When people ask what brought me to cannabis, I harken back to the mid-90s when I was a student at the University of Missouri. I was studying in the College of Agriculture, Food and Natural Resources and my cause at the time was the environment. I didn’t actually think cannabis should be legal, mostly because
The early lines at newly-licensed California cannabis retail outlets are just a preview of the vast economic opportunities available in the Golden State. However, in California, which led our recent cannabis revolution by voting to legalize medical use back in 1996, not everything will be rainbows and sunshine as regulatory hurdles remain. Attorney General Jeff
Yesterday ushered in a new era for cannabis with the world’s sixth-largest economy (California) coming online with legal, adult-use cannabis. January 1st marked the first day stores were allowed to sell the product to anyone over the age of 21 without a doctor’s explicit recommendation. I would say that people seem pleased, but the word
It’s all happening…IT’S REALLY HAPPENING! This weekend marks the last Friday and Saturday (okay, Sunday, too you everyday smokers) when California adults will have to worry about calling themselves criminals when spark up at parties, shows, or other spaces of entertainment. Monday, January 1st, 2018 marks the age of a new era – that of
LA Magazine did a decent job this week of capturing a wide swath of categories related to upcoming changes in California’s laws to inform the the average consumer on the basics of what he or she will want to know. It’s quite a long article, so I thought I would break it down for you:
