About 10,000 California growers will lose their temporary licenses by this summer, a potential “extinction event” for the California cannabis industry. State Senator Mike McGuire (D-Healdsburg) has proposed SB 67, which would allow growers to work while waiting for their annual licenses.
L.A. is using a form of soft power to shut down illicit dispensaries. The city's decision to cut off the electricity at unlicensed weed businesses hits them where they grow. It’s a stark contrast to the governor's move to send troops from the Mexico border to the remaining illicit grows in Northern Cali. The city’s approach is far less confrontational and criminalizing.
L.A. Daily News
The desert town of Blythe has committed to REC, but failed to get its limited number of businesses going. Meanwhile, towns up north have begun to jump aboard for the sake of revenue.
During an interview at South By Southwest, Steve D’Angelo, CEO of megadispensary Harborside, shared his unbridled optimism about the future of marijuana. He envisions interstate commerce in the near future, as well as international exchange.
In February, WeedWeek hosted its first event, Recharge, in Los Angeles. Click here to see the terrific keynote by Jeremy Plumb, Director of Production Science at Prūf Cultivar in Portland, Ore., and a brief talk by Danny Davis, founder of sponsor Convectium.
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Major League Baseball doesn’t allow players to use THC, but that hasn’t stopped Dodgers pitcher Ross Stripling -- a licensed stock broker -- from commenting on the opportunities available in the cannabis space.
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