/  Cannabis News (Page 2)

The report compiles information from numerous California cities and counties that altogether received $40 million in funding—outlining demographics, cannabis arrests and other statistics as well as plans to create equity programs. The California Bureau of Cannabis Control (BCC) has sent a report to the state legislature on equity grant funding. The $40 million in grants were “authorized by the California Cannabis Equity Act of 2018 (Equity Act) and the Budget Act of 2019,” according to a notice the BCC sent to its email subscribers

Law enforcement officers served search warrants at five unlicensed cannabis dispensaries in San Diego County this week, seizing $1.1 million in cash and 3,000 pounds of marijuana while taking six people into custody on various charges. The raids at the illegal pot shops in the suburbs of Lakeside, Chula Vista, and Spring Valley were conducted by deputies with the San Diego County Sheriff’s Department on Tuesday. Search warrants were also served at homes in San Diego and Jamul as well as

The landscape of cannabis evolved from its dark past as a substance of abuse, it is now considered a drug with therapeutic benefits. Other areas where cannabis excels are its robust sales, which can help spur economic growth and job generation to fill the staff requirement of companies from seed cultivation to store sales. In the U.S., more states are expected to wave the green flag in favor of cannabis use for therapeutic or recreational purposes or both. Understanding a legal state’s

If you’re looking for work amid the pandemic and live in a legal state, the cannabis industry is hiring. New data published in the 2020 edition of the annual Marijuana Business Factbook reports the U.S. cannabis industry is expected to add almost 250,000 full-time jobs between 2020 and 2024. The cannabis industry employed around 165,000-210,000 workers in 2019, but the number is expected to jump 50% by year’s end — or, 240,000-295,000 workers. These figures represent those who work directly with

It is a fact that the legal cannabis industry has tremendous potential to generate significant tax revenue for states and municipalities in the years ahead. Earlier this year, for example, the California Department of Tax and Fee Administration reported that, from the day legal cannabis retail sales began in January 2018 until January 2020, the state had already collected more than $1 billion in taxes. And those are only state-level taxes. Taxes are also imposed at the local level, and setting

Memphis Music Hall of Famer Juicy J has announced a new solo album. The Three 6 Mafia co-founder will release, “The Hustle Continues” on October 14th. The project will feature guest appearances by a number of top names in hip-hop including Megan Thee Stallion (for whom Juicy J produced the chart topping "Hot Girl Summer"), Lil Baby, Logic, A$AP Rocky, 2 Chainz, and Ty Dolla $ign, among others. As part of the album announcement, Juicy J also confirmed his involvement with the

Speaker of the House Nancy Pelosi defended a provision in the $3 trillion Democratic stimulus bill that would allow legal cannabis businesses to access banking services Friday, while attacking "misrepresentation" in Republicans' proposed package. Asked to respond to the accusation that the cannabis language is not "directly related" to the coronavirus response, the California Democrat said she does not agree. "This is a therapy that has proven successful," Pelosi said at a press conference. Pelosi did not cite any studies or health officials that have said cannabis

The House of Representatives on Thursday voted in favor of an amendment to protect all state, territory and tribal marijuana programs from federal interference. The measure, which would prevent the Department of Justice from using its funds to impede the implementation of cannabis legalization laws, passed in a 254-163 vote on the floor. Earlier in the day, it had been approved in an initial voice vote. Reps. Earl Blumenauer (D-OR), Tom McClintock (R-CA), Eleanor Holmes Norton (D-DC) and Barbara Lee (D-CA) sponsored

“It’s been a painful lesson that it’s much harder to pare back than it is to loosen things up.” The statement made by 3rd District Supervisor Joan Hartmann on Tuesday summed up the supervisors’ months-long struggle to reform the county cannabis ordinances after they were criticized for being too relaxed. At their height, licenses in Santa Barbara County accounted for 35 percent of all cannabis acreage in California. The board voted to implement new restrictions affecting North County — the harshest is

A move to reduce the number of cannabis dispensary permits available failed at the July 14 California City council meeting in a 2-2 vote. Mayor Chuck McGuire and Councilmember Nick Lessenevitch voted against the measure, while Mayor Pro Tem Don Parris and Council member Ron Smith were in favor. Council member Bill Smith was absent. The item would have amended the city ordinance to reduce the current available number of permits for delivery-only cannabis dispensaries from 10 to four, while maintaining the

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