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Cannabis News

Welcome to the cannabis newsroom. Here you will find the top stories from leading, reputable news publications nationwide. When you click on a story you will leave cannabizdigital.com and be taken to a third party website. These stories are not included in our Cannabiz Digital email subscription. Bookmark this page to get your California cannabis news fix with fresh content daily.

  • CA county begins process of reversing controversial marijuana cultivation ban
    by John Schroyer on February 21, 2019 at 10:11 pm

    A rural California county has begun the process of reversing a commercial marijuana cultivation ban established in January 2018, in what could prove to be a major win for cannabis growers in the region. The Calaveras County Board of Supervisors told staff to begin prepping a new MJ regulatory ordinance that represents a “180-degree turn” […] CA county begins process of reversing controversial marijuana cultivation ban is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs […]

  • MedMen, three other West Hollywood marijuana shops get stays of execution
    by John Schroyer on February 21, 2019 at 9:21 pm

    Four longstanding cannabis shops in West Hollywood were granted a reprieve on Tuesday by city officials and will be allowed to remain open until the end of the year instead of being forced to close this summer. Under a previous decision by the city, the four existing shops – all previously medical marijuana dispensaries – […] MedMen, three other West Hollywood marijuana shops get stays of execution is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs […]

  • California’s 2018 cannabis tax haul of $345 million falls short of projections
    by John Schroyer on February 21, 2019 at 4:44 pm

    California’s 2018 marijuana tax-revenue tally is in, and once more, it’s far below what the state had projected. According to a news release from the state Department of Tax and Fee Administration, the fourth quarter of 2018 brought $103.3 million in marijuana tax revenues, not including city or county taxes. That brings the year’s total […] California’s 2018 cannabis tax haul of $345 million falls short of projections is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs […]

  • CA’s use of National Guard to target illegal marijuana grows fuels questions, concerns over potential MJ industry fallout
    by John Schroyer on February 21, 2019 at 1:00 pm

    Legal marijuana companies are cautiously welcoming California Gov. Gavin Newsom’s announcement that 150 National Guard troops will deploy to Northern California to “go after illegal cannabis farms,” but the news also is kindling fears in some industry circles of a renewed, government-led drug war. Many legal marijuana companies have long argued that illicit operators pose a major […] CA’s use of National Guard to target illegal marijuana grows fuels questions, concerns over potential MJ industry fallout is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs […]

  • Black market will thrive if NJ puts $42-an-ounce tax on legal weed
    by John Crudele on February 21, 2019 at 3:05 am

    The people who smoke dope aren’t necessarily dopes. I hate to poop on New Jersey’s pot party, but I have a question: Why would anyone buy legal marijuana when the state is planning to place a $42-an-ounce tax on the stuff? You probably heard that Jersey is about to legalize marijuana so that adults can... […]

  • Kamala Harris’ dad says her pot use story was ‘identity politics’
    by Mark Moore on February 20, 2019 at 9:55 pm

    The Jamaican father of Democratic presidential candidate Sen. Kamala Harris blasted her for saying she smoked marijuana and supports it becoming legalized, claiming she’s playing “identity politics.” Donald Harris, an economics professor at Stanford University, said she is harming her family’s Jamaican ancestors. “My dear departed grandmothers … as well as my deceased parents, must... […]

  • UPS sues California cannabis delivery companies for infringing on trademark
    by Jeff Smith on February 18, 2019 at 9:07 pm

    United Parcel Service sued a group of California-based marijuana delivery businesses for federal trademark infringement, deceptive advertising and other claims. The complaint was filed Feb. 13 in federal court in the central district of California, according to Bloomberg Law. UPS accuses United Pot Smokers, UPS420 and THCPlant of using names and logos that are “confusingly similar” to […] UPS sues California cannabis delivery companies for infringing on trademark is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs […]

  • Chart: Most California municipalities ban commercial cannabis activity
    by Eli McVey on February 18, 2019 at 11:30 am

    Two-thirds of California municipalities prohibit marijuana businesses from setting up shop, underscoring the hurdles MJ entrepreneurs face in trying to break into the world’s largest legal cannabis market. Only 161 of California’s 482 municipalities and 24 of the 58 counties have opted to allow commercial cannabis activity of any sort, according to data from CannaRegs, […] Chart: Most California municipalities ban commercial cannabis activity is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs […]

  • Bodega owners rally for right to sell marijuana when its legalized
    by Cedar Attanasio, Stephanie Pagones on February 17, 2019 at 9:30 pm

    They want in on this budding industry. New York City bodega owners rallied in The Bronx on Sunday morning to urge state politicians to allow them to sell marijuana in the city’s 15,000 stores when the green is ultimately legalized. “Rather than drug peddling outside of these bodegas, we want to bring them inside,” said... […]

  • Barneys aiming to be the ‘Hermès’ of weed
    by Marketwatch on February 15, 2019 at 6:47 pm

    Cannabis has gone high-end. Barneys New York aims to light up the marijuana market with its own posh pot boutique called The High End, a head shop of sorts selling smokers’ accessories from rolling papers and leather ashtrays to bespoke glass bongs and cannabis-infused candies. The company will roll out these luxury marijuana accessories at... […]

  • Cannabis business news you may have missed for the week ending Feb. 15 (SLIDESHOW)
    by Laura Hamilton on February 15, 2019 at 11:30 am

        Cannabis business news you may have missed for the week ending Feb. 15 (SLIDESHOW) is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs […]

  • Colorado has sold $6B worth of pot since 2014
    by Associated Press on February 15, 2019 at 7:13 am

    DENVER — Colorado regulators say more than $6 billion in marijuana products have been sold since 2014 in the state. The figures released Tuesday represent sales through the end of 2018. According to the Colorado Department of Revenue, more than $1.54 billion of marijuana for medical or adult use was sold during 2018. That is... […]

  • City of Sonora to sue California over statewide marijuana delivery policy
    by John Schroyer on February 14, 2019 at 1:00 pm

    The city of Sonora, in central California, plans to file suit against the state Bureau of Cannabis Control (BCC) over a policy adopted in 2018 that allows commercial marijuana to be delivered anywhere in the state, regardless of local bans on MJ commerce. According to The Union Democrat, the Sonora City Council voted 5-0 to […] City of Sonora to sue California over statewide marijuana delivery policy is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs […]

  • Craft cannabis firm Flow Kana closes record $125 million funding round
    by Jenel Stelton-Holtmeier on February 14, 2019 at 12:01 pm

    California-based marijuana producer and distributor Flow Kana closed a $125 million funding round – which appears to be the largest private funding round for a cannabis company in the United States. The previous record was held by the $119 million raise that Acreage Holdings closed in July 2018. Flow Kana’s latest funding round was led by Gotham […] Craft cannabis firm Flow Kana closes record $125 million funding round is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs […]

  • After string of successes, multistate cannabis firm MedMen forced to confront adversity
    by John Schroyer on February 14, 2019 at 11:30 am

    In November, California-based cannabis retailer MedMen began advertising for a crisis management planning manager. According to the job posting, the position was intended to support the company’s “employees and business units in building, sustaining and improving MedMen’s capability to prepare for, mitigate against, respond to and recover from all hazards.” In hindsight, the posting seemed […] After string of successes, multistate cannabis firm MedMen forced to confront adversity is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs […]

 

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