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.
52. Buck Angel: From Porn Star to “Tranpa”
This week Alex and Donnell sit down with LGBTQ activist and cannabis entrepreneur Buck Angel to talk about the queer community's role in cannabis legalization, Buck's experience being the first trans man in LA to have hormone replacement therapy, and how he made his way from porn star to public figure. Plus, CBD is on the rise.
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.
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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.