Health warning labels will be required for all cannabis products sold in California starting Jan. 3, a mandate that will likely create a wave of new product-liability lawsuits targeting marijuana and hemp companies, industry attorneys predicted. The wa…
California Medical Cannabis Business & Marijuana Legal News
Still struggling after looting that hit marijuana firms, iconic California business turns to fellow company
The lootings and robberies that inflicted millions of dollars in damage on marijuana companies nationwide in May and June might have been the last straw for a storied cannabis business in Oakland, California. Magnolia Wellness, an 11-year staple of the…
Cannabis advertising platform Weedmaps going public with $1.5 billion valuation
Weedmaps, the oft-controversial but ever-successful cannabis advertising giant, is going public through a deal that values the company produced through the transaction at a whopping $1.5 billion. According to a news release, the website’s owners,…
California cannabis growers seek cheaper mixed-light license fees, saying current cost too high
California mixed-light cannabis growers are asking for a change to licensing fees they say create unsustainable costs for using light deprivation techniques.
California cannabis growers seek cheaper mixed-light license fees, saying current cost too hig…
California’s first cannabis czar reflects on her time at the helm as she steps down
In early 2016, Lori Ajax accepted the job of running the first-ever California agency dedicated to overseeing the state’s sprawling legal marijuana industry. Since then, Ajax has broken considerable new ground as the chief of the state’s Bu…
California cannabis companies will have to pivot, again, under new stay-at-home order
Facing the prospect of a new stay-at-home order, California marijuana businesses might have to scramble yet again to stay in compliance with business restrictions designed to combat a surge in coronavirus infections. The new order takes effect Saturday…
Metrc sees new seed-to-sale tracking markets, welcomes cannabis industry’s ‘constructive criticism’
With five states voting in favor of new marijuana markets last month, Metrc sees fresh opportunities to extend its dominance in the seed-to-sale tracking business by winning new government contracts. The Florida-based company also acknowledged its trac…
Los Angeles names 200 social equity marijuana retail license winners
The city of Los Angeles issued a much-anticipated list of the 200 finalists in the contentious battle for social equity marijuana retail permits. But it’s unclear when any of those businesses may be able to open their doors to customers. The L.A….
2021 bodes well for California cannabis companies, business opportunities
As we approach the new year, we predict that 2021 will be another favorable year for the cannabis industry.
2021 bodes well for California cannabis companies, business opportunities is a post from: Marijuana Business Daily: Financial, Legal & Canna…
Premium-priced cannabis products take a larger share of overall flower sales
Even during tough economic times, marijuana consumers are turning to higher-priced flower products – a signal that cannabis users are increasingly willing to spend more money on such merchandise. The trend could be mirroring the beer and wine sec…