Happy Highs: Cannabis Brands Find Success Marketing Joy and Well-Being
Cannabis makes you feel good. A simple yet powerful tool to market in the modern pandemic world. In 2020, how could consumers not be compelled to try for more joy, to seek happiness or some sort of relief from the chaos of the world? I want to feel good. I dislike feeling bad. The news cycle, with the pandemic and faltering economy, has gotten dark. Cannabis offers a ray of hope in these unprecedented times. When it comes to cannabis for depression, anxiety, PTSD,
House Votes To Protect State Cannabis Laws From Federal Interference
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
5 Steps on How to Obtain a Cannabis Cultivation License in Los Angeles
The legalization of Cannabis, commonly known as Marijuana in the United States, has existed for years. Today, almost half of the American states have welcomed the cannabis market, and eleven states are looking to join by the end of this year. As such, the cannabis industry in the U.S. has continually grown not only in demand but also in production. In California, including Los Angeles, Cannabis was legalized for medical use in 1996. However, in 2016, the state finally approved the
Cannabis Marketing Amid Trump’s Social Media Battle
Trump’s executive order presents a major challenge for cannabis marketers who connect with customers through Twitter and Instagram. The bill could limit these companies’ ability to use social media in the same ways At this moment, the entire country is engaged in digesting the daily chaos of multiple crises. With everything that’s going on, it’s easy to miss some impactful changes. These changes could lead to difficult outcomes for those in the cannabis industry. In order to fully understand how to adapt,
Are Your Old Cannabis and CBD Contracts Enforceable? Maybe Not.
It’s a good time to review your business contracts and here’s one example of why from the legal team at Cozen O’Conner. A court ruled that a contract was unenforceable because it must apply the law in effect at the time the parties entered into the contracts at issue. The contract was entered into in 2014, prior to legalization of recreational use. Individuals and businesses involved in the cannabis or CBD industry are likely in the habit of making sure they are apprised
Contract cannabis farming gaining popularity and lawsuits in California
Is it a sign of a maturing industry? Small farmers operating under contract for a licensed cannabis grower are on the rise in California. Sharecroppers are a traditional practice used by mainstream agriculture. But, the legalities for cannabis are as usual, complicated. Full story from MJBiz Daily. To get around the enormous barriers to entry for California’s legal marijuana industry, a growing number of small farmers are increasingly turning to a practice mainstream agriculture has used for generations: so-called “contract farming.” It’s
Global Cannabis Spending Grew 46% To $15B In 2019, Could Surpass $20B In 2020
The global cannabis industry grew 46% in 2019 fueled by emerging adult-use markets. It has the potential to grow another 38% in 2020 and projected to reach $48 billion in 2025. The worldwide legal cannabis industry posted its biggest year of growth in 2019, according to data firm BDSA. The Arcview Market Research/BDSA forecast model shows worldwide spending grew 46.1% to $14.8 billion in 2019 over the course of a six-year period from 2013 to 2019. During that time, legal spending grew at a 34.3%
Four Years After Legalization, California Has Had Unexpected and Often Disappointing Results
“I knew Prop 64 would pass, and that was fine with me,” recalls Rev. James K. McKnight, Pastor of the Congregationalist Church of Christian Fellowship in South Central Los Angeles, where low-level cannabis convictions are among the highest in the state. “The law promised social equity, social justice, second chances." But no one told him it was going to take years to take effect. Californians had high expectations when they overwhelmingly voted in 2016 to legalize adult-use cannabis with Proposition 64: the Control,
Tommy Chong and Cheech Marin Make Multi-state Dispensary Deal with Five Point Holdings
Cheech & Chong's management company to license the Cheech & Chong Brand to initially open dispensaries in California, Nevada, Arizona, Illinois and Washington. The license will allow the company to develop experiential cannabis dispensaries utilizing the Cheech & Chong brand name. Tommy Chong and Cheech Marin, names practically synonymous with cannabis culture, are making a long-awaited leap into the dispensary business. They have entered into a licensing partnership with Five Points Holdings Inc., which includes opening dispensaries in 5 states -- complete with
Tax Warrants Crack Down on Unlicensed Dispensaries in L.A. and San Bernardino Counties
California officials have started cracking down on unlicensed dispensaries with 12 tax warrants throughout Los Angeles and San Bernardino counties. The California Department of Tax and Fee Administration (CDTFA) announced Wednesday that over the past several weeks twelve illegal cannabis retailers in Los Angeles and San Bernardino counties were served tax warrants with the assistance of the California Highway Patrol (CHP). The CDTFA seized nearly a million dollars in illegal cannabis products that will be destroyed and approximately one hundred thousand dollars