A preliminary economic impact report from UC Santa Barbara estimates the cannabis industry generates $458M annually for the county economy. The Economic Forecast Project indicates that weed's financial contributions can reach far beyond filling local tax coffers.
Since legalization hit the The Golden State and Canada, hundreds of millions of dollars have been exchanged between California companies and their analogues up north. And the numbers are growing. Until now, most of these deals have gone unannounced, we could only speculate on the volume of businesshow much business has was being done. A summer report from the Canadian Securities Exchange offers benchmark information.
Until now, most of these deals have gone unannounced, we could only speculate on the volume of business. A summer report from the Canadian Securities Exchange offers benchmark information.
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In 2018, Mexico ruled weed prohibition unconstitutional. Next week the Senate of that nation will hold public hearings on five different facets of cannabis legalization: public health, human rights, addiction, underage consumption, and the development of medicines from the drug. Marijuana Moment
This weekend's Outside Lands Festival in Golden Gate Park has long been one of the West Coast’s stoniest. As of Wednesday, the three-day event became the state’s first cannabis-permited temporary event. “Brands selling cannabis and festival attendees consuming it at Outside Lands is an extremely significant milestone in the timeline of cannabis acceptance,” said Jetty Extracts’ Chief Marketing Officer Jonathan Forstot.
San Francisco Chronicle
WeedWeek admires the work of senior Capitol adviser Nicole Elliott, from her broadly revered work as San Francisco’s top cannabis regulator to her willingness to face tough questions from at-best confused audiences all around the state. But last weekend an Elliott podcast session with a couple of surly and spottily-informed San Diego newspapermen made us concerned for her as well.
San Diego Union-Tribune/SoundCloud
"Your Legal Rights" host Jeff Hayden, a criminal law specialist, on Tuesday had labor advisor Jonathan Judge and Danielle Lucido examine how legalization law and workplace law intersect.
Humboldt County has about 10,000 grows. Less than a third are legal. This week the county’s Marijuana Eradication Team joined up with National Guard troops as part of a continuing effort to make plants that conform the only plants in the state for sale. They went from grow to grow with search warrants.
North Coast Journal
In March, Culver-City-based multi-state operator MedMen connected with the public relations firm MWWPR about overseeing a consumer P.R. account. Despite reservations, the decades-old firm bid for Med Men’s business and was subsequently awarded the work in June. Two weeks later, the cannabis company killed the deal.
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