Caliweed News

ICBC
San Francisco 49er Great Joe Montana Invests in Cannabis
January 28th, 2019

The Super Bowl is coming up and one of the all-time clutch Super Bowl quarterbacks, Joe Montana, has made huge news by announcing his investment in the cannabis industry. Football players subject their bodies to a massive amount of punishment, so it shouldn’t be a surprise to see football players join the cannabis industry, but Montana is the most prominent player to join a fight that includes former Chicago Bears Super Bowl QB Jim McMahon and former Heisman Trophy winner and rushing champion Ricky Williams. Montana is part of an investment team that is putting up $75 million into an integrated company called Caliva, as Esquire reported:

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MERRY JANE
NFL Fans Hot Boxed the LA Coliseum During a Playoff Game This Weekend
January 16th, 2019

The Rams’ first post-season victory at The LA Coliseum was capped off with the sweet smell of ganja wafting through the open-air stadium. In the stands of professional football games, we’re conditioned to expect and appreciate behavior that is not typically allowed in other public venues. Severe drunkenness, shirtless men tapping into arts and crafts, and lewd insults hurled by grandmothers and pre-teens alike. During Saturday’s NFL playoff matchup between the Los Angeles Rams and Dallas Cowboys, fans added a new extracurricular to the spectator’s playbook: Openly smoking copious amounts of cannabis as the Rams coasted to a first round victory.

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The Verge
California standoff ends after police use robot to deliver vape pen to suspect
January 13th, 2019

An hours-long standoff in Novato, California came to a peaceful end yesterday when police officers used a police robot to deliver a vape pen to the suspect, who had threatened to burn down a gas station, reports the Sacramento Bee and Marin Independent Journal.

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Marijuana Business Daily
Most California municipalities ban commercial cannabis activity
February 18th, 2019

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, a website that tracks local marijuana rule developments in the state.

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SF EXAMINER
Newsom taps head of SF cannabis office for state role
February 14th, 2019

San Francisco’s top cannabis official is about to vanish in a puff of smoke, even before her fledgling department finishes ushering its first “equity permit” applicant through the approval process. Gov. Gavin Newsom announced Thursday that he’s appointed Nicole Elliot to be his senior advisor on cannabis in the Governor’s Office of Business and Economic Development. Though she’s led San Francisco’s own Office of Cannabis since its creation in 2017, that’s an interesting qualification, as that department has struggled to award pot permits to equity applicants, a key part of The City’s pledge to right injustices to people of color targeted in the War on Drugs.

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CNN
Kamala Harris's evolution on marijuana
February 13th, 2019

During a recent radio interview, Sen. Kamala Harris admitted to smoking weed in the past. "I did inhale," the California Democrat said, laughing. "It was a long time ago." Harris' views on marijuana have changed over the years. She expressed opposition in 2010, then voiced support for medical marijuana legalization five years later. Now she's expanding her support to recreational use as well. The senator's evolution on pot pairs closely with the changes in public opinion on the issue.

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Leafly
Legal Cannabis Created 211,000 Full-Time Jobs
March 4th, 2019

How many jobs are there in the legal cannabis industry? It’s a common question—and one the government refuses to answer. Because cannabis remains federally illegal, employment data agencies such as the Bureau of Labor Statistics ignore all jobs related to the industry. That’s too bad, because they’re missing one of the most dramatic job booms in recent history. Over the past three months Leafly’s data team, working in partnership with Whitney Economics, has gone state-by-state to tally the total number of direct, full-time jobs in the state-legal cannabis industry.

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The Epoch Times
Mountain View Residents Urge City Council to Reconsider Marijuana Stores
March 2nd, 2019

Community members and local organization leaders held a press conference on Feb. 28, ahead of an upcoming public meeting regarding cannabis (marijuana) regulations in the city. Mountain View City Council members will on March 5 in City Hall at 6:30 p.m. discuss potential amendments to cannabis regulations and re-vote on the regulations that were adopted in the fall of 2018. The press conference provided people who are against opening recreational cannabis stores an opportunity to speak their views and advise city leaders to amend the 2018 cannabis regulations.

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Marijuana Business Daily
California begins taking cannabis social equity grant apps from cities, counties
March 1st, 2019

California state marijuana regulators announced Friday they are accepting grant applications from cities and counties that are implementing social equity programs for local cannabis businesses. The state’s Bureau of Cannabis Control (BCC) will award $10 million to qualifying jurisdictions by June 30 as part of a growing movement to repair social harms done by the war on drugs and marijuana prohibition and also to encourage minorities and those victimized by prohibition to get a toehold in the cannabis space.

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Cannabis Business Times
California Cities Fight Cannabis Delivery Rules
April 26th, 2019

California’s new cannabis regulations allow businesses to deliver cannabis in jurisdictions that have banned commercial cannabis activity, but those jurisdictions have filed a lawsuit to regain local control. When California voters passed Prop. 64 to legalize adult-use cannabis, they established a vertically integrated supply chain that allowed cultivators, manufacturers, distributors, testing labs and retailers to operate—and the retailers were allowed to implement delivery services. Prop. 64 also authorized jurisdictions throughout the state to control commercial cannabis activity within their borders—either through adopting regulations or banning commercial cannabis activity altogether. Now, jurisdictions that have banned cannabis have sued the state, arguing that they should also be allowed to ban cannabis delivery.

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The New York Times
Cannabis, Marijuana, Weed, Pot? Just Call It a Job Machine
April 25th, 2019

David Dancer is a 48-year-old marketing executive who has worked for big brands like Charles Schwab and Teleflora. A year ago, he got a call from a recruiter for a different kind of company: MedMen, a cannabis retailer that has been called “the Apple Store of weed.” The opening was for a chief marketing officer. He took it. One of Mr. Dancer’s early projects was a slick two-minute video by the director Spike Jonze that begins with an anecdote about George Washington as a hemp grower, a staple of dorm-room conversation. It concludes with a suburban couple coming home with a bright red bag of legally purchased pot, symbolizing “the new normal” — an ending that, like his own career twist, seemed improbable not long ago.

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Marijuana Business Daily
California distributors warn ‘double taxation’ by cities could further strain legal marijuana industry
April 25th, 2019

California cannabis distributors are warning about what they call a “double-taxation” situation in San Diego that’s raising costs for businesses. If the practice is adopted by other cities and counties, distributors note, it could contribute to further market instability in the state overall by squeezing profit margins and raising product costs for consumers.

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Ganjapreneur
Medical Cannabis-for-Pets Bill Introduced In California
April 17th, 2019

A bill introduced in California would allow veterinarians to recommend cannabis products for pets, VIN News Service reports. The measure first needs to pass a review by the state’s Veterinary Medical Board but, if approved, would be the first of its kind in the U.S. Last year, state regulators recognized cannabis in veterinary medicine, becoming the first state to provide legal protections for vets who talk to pet owners about cannabis use for their animals. This bill takes those protections a step further.

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Marijuana Business Daily
California licensing snafu could cost cannabis growers thousands in lost revenue, possible shutdowns
April 16th, 2019

California’s marijuana growers are at risk of losing thousands of dollars in revenue as scores of temporary business licenses expire each day before the state can replace them with annual permits. That leaves many cultivators trapped in a licensing logjam with a difficult choice: Continue operating with expired permits – or shut down. This is the beginning of the outdoor cultivation season, and many growers went ahead and planted despite knowing their temporary licenses were set to expire – holding out hope that state regulators would speed up the licensing process and issue annual permits posthaste. That largely hasn’t happened. And lawmakers in Sacramento have yet to pass a legislative fix.

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Marijuana Moment
The Feds Are Looking To Hire A Professional Marijuana Joint Roller
April 3rd, 2019

The federal government is, again, soliciting help to “acquire, develop and produce” marijuana cigarettes (i.e. joints) for research purposes. In a notice published on Tuesday, the National Institute on Drug Abuse (NIDA) said that it will soon be accepting applications for a contract award for facilities that are able to “manufacture standardized marijuana cigarettes within a range of varying concentrations of delta-9-THC and analyze strength and stability of them at various intervals while having the capability to maintain a secure shipping facility and to ship marijuana cigarettes to research investigators.”

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Marijuana Business Daily
California marijuana sales a far cry from state’s projections
May 10th, 2019

California is paying a price for the shaky rollout of its legal recreational marijuana market. State budget documents show Gov. Gavin Newsom’s administration is sharply scaling back what it expects to collect in cannabis tax revenue through June 2020 – in all, a $223 million cut from projections only four months ago.

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Cannabis Business Times
Sparx Cannabis Announces Acquisition of Multiple Licenses for Cultivation and Distribution of Cannabis in California
May 8th, 2019

Sparx Cannabis, a vertically-integrated, family-owned and California-grown cannabis lifestyle company, announced today the acquisition of multiple licenses for the cultivation and distribution of cannabis and cannabis-derived products in the state of California. The distribution license provides Sparx Cannabis with the ability to distribute product across the state of California. The company’s distribution building, which is currently under construction, will be the hub for product intake, packaging and storing.

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Counterpunch.org
How Legal Cannabis Came to Contra Costa County
May 8th, 2019

When Greg Kremenliev moved to Contra Costa County in 1983, he didn’t realize the depth and the intensity of the local opposition to cannabis. Nor did he foresee that his home county would become a battleground in the long, protracted war between prohibitionists on the one hand, and on the other hand pot smokers who believe in the right to self-medicate and who remind their fellow citizens that cannabis became legal in 2016, and that the industry is now regulated by Sacramento bureaucrats and local officials. An hour or two from downtown San Francisco at rush hour, Contra Costa can feel like it’s not really a part of the Bay Area.

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Tahoe Daily Tribune
MedMen appeals city of South Lake Tahoe cannabis business evaluations
June 14th, 2019

A cannabis business that fell short in the application process to operate a retail store in the city is contesting the results, arguing the selection process was unfair and the top three finalists should be disqualified. In its appeal filed with the city, MedMen Enterprises Inc. makes two different arguments that the company says should disqualify the three finalists from obtaining development agreements needed to establish a retail cannabis business in the city. Argument one states that two of the top scoring applicants were unqualified to apply because of their participation in a cannabis subcommittee that helped craft the city’s regulations. Argument two alleges that all three of the finalists made false statements in their applications, which should disqualify them.

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Politico
How Legal Weed Is Killing America’s Most Famous Marijuana Farmers
June 4th, 2019

On a sunny day in the spring, Thomas Mulder walked through his greenhouse, down a narrow path between two long, knee-high, wooden planters. In a few weeks, the greenhouse would be full of marijuana plants a foot or two high—indica-sativa hybrid strain Sour G, or White Tahoe Cookies with its characteristic golden hairs around the flower. A few more months and the plants would reach Mulder’s shoulders. But at that moment, the planters were empty as Mulder gestured with his hands to show how tall his crop would eventually become. Mulder has three greenhouses that sit on this flat patch of land deep in the mountains of Humboldt County. This part of his farm is accessible only by a steep, newly paved road that passes in and out of Humboldt Redwoods State Park, and giant trees crowd so close on either side of the property that you don’t even notice Mulder’s farm until the last bend of the road.

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CBD Today News
California State Assembly passes bill authorizing retail sales in CBD food, supplements...
June 3rd, 2019

A bill that passed Wednesday in the state assembly clarifies food, drinks and cosmetics that contain hemp-derived CBD are legal for sale in California. The California State Assembly on Wednesday passed a bill that would authorize the retail sale of hemp-derived cannabidiol (CBD)—a move intended to supplant a position adopted by health officials in 2018 that has caused a commotion. Assembly Bill 228 passed by a final vote of 76 to 0, according to a source in the California State Legislature. “Our bill now goes to the Senate, where we hope and expect to get the same kind of tremendous bipartisan support that helped us pass the Assembly today,” Assemblywoman Cecilia Aguiar-Curry, a Democrat who introduced the legislation, said in an email through a staff member.

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Marijuana Business Daily
California Marijuana Notebook: Life looking good for Santa Barbara cannabis operators
July 25th, 2019

North of Los Angeles in Santa Barbara County, the “green rush” atmosphere is alive and well. Make no mistake: Local businesses are experiencing growing pains – as are cannabis companies in much of California. Despite setbacks and hurdles, the longtime agricultural community in Santa Barbara embraced the marijuana industry – especially on the cultivation side – and that success has created both snags and promising business opportunities.

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Cannabis Dispensary Magazine
California Seizes $30 Million in Illicit Market Cannabis from Illegal Marijuana Shops
July 23rd, 2019

California authorities have tripled the number of raids on unlicensed cannabis shops in the last year and seized $30 million in marijuana products, but legal industry leaders say enforcement is still inadequate to break the dominance of the illicit market in the state. In 2018, the first year of licensing, the state Bureau of Cannabis Control worked with local law enforcement to serve six search warrants on unlicensed cannabis shops and seized some 1,594 pounds of cannabis worth $13.5 million.

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Marijuana Business Daily
California legislative update: Several key cannabis bills still hang in balance
July 22nd, 2019

When the California Legislature returns from its summer recess in mid-August, it’ll face a monthlong sprint to get to all the bills remaining on its docket, including several that could have a significant impact on marijuana companies. There’s no guarantee that any of those bills – including one that would establish a new banking system in California for cannabis businesses – will get to Gov. Gavin Newsom’s desk.

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Cannabis Business Executive
California has the biggest legal marijuana market in the world, despite black market
Aug 15th, 2019

California is on track to post a record $3.1 billion in licensed cannabis sales this year, solidifying its status as the largest legal marijuana market in the world, according to a study released Thursday by financial analysts who advise the industry. Legal sales are up significantly from an approximate $2.5 billion in 2018, the first year of licensed cannabis sales in California, according to the analysis by sales-tracking firms Arcview Market Research and BDS Analytics. After a rocky start in 2018, retailers that have survived California’s tough licensing, testing and packaging regulations are “battle hardened” and stronger because of an influx of investment that has allowed them to take advantage of the state’s large population and pent-up demand for legal products, said Tom Adams, managing director and principal analyst for BDS Analytics.

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Marijuana Business Daily
California university teams with DEA-registered company to research marijuana
Aug 14th, 2019

Researchers at the University of California, Davis have joined forces with Biopharmaceutical Research, which is registered with the U.S. Drug Enforcement Administration, to study marijuana for the benefit of law enforcement, health care providers and scientists. The research could benefit cannabis companies by helping authorities to distinguish between marijuana and hemp. The two groups of researchers will also analyze legal cannabis to determine the chemical composition of THC, CBD and other cannabinoids. UC Davis also is launching a cannabis and hemp research center.

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Cannabis Dispensary Magazine
Henry’s Original Closes Series B Investment Round at $11 Million Led By Merida Capital Partners
Aug 5th, 2019

Henry’s Original, a private California-based vertically integrated cannabis company and brand, announced it closed a Series B investment led by Merida Capital Partners, a private equity firm focused solely on the cannabis and hemp industries. Henry’s intends to use the funds to expand its cultivation, processing, sales and marketing operations. This investment round also included investments from Big Rock Partners, Delta Emerald Ventures and funds managed by JW Asset Management. The majority of Series A investors also invested in this round as well.

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CANNABISWIRE
California’s Cannabis Bank Bill On Hold Until 2020
Sept 10th, 2019

Senate Majority Leader Bob Hertzberg on Monday announced that he will hold SB 51, a bill that seeks to establish limited charter banks and credit unions for cannabis-related businesses, until 2020. Hertzberg said he will work with State Treasurer Fiona Ma, who also worked on the bill, and Governor Gavin Newsom’s office “to iron out necessary clarifications and implementation details.”

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Marijuana Business Daily
Police investigating rash of cannabis retail robberies in California capital
Sept 6th, 2019

Police in Sacramento, California, are looking into roughly 10 break-ins at local marijuana shops in the past month, with the possibility the incidents might be connected. Such robberies apparently have escalated, according to West Sacramento TV station KOVR. Robberies have always been a problem for marijuana retailers, many of which operate on a cash-only basis because of a lack of banking services. And the thieves recently have been taking “everything they can get their hands on, from product to cash,” said a spokesman for one victimized shop in California’s capital city.

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CFN Media Group
DionyMed Brands Awarded Three Provisional Licenses in Los Angeles and San Francisco
Sept 4th, 2019

DionyMed Brands, Inc., a multi-state cannabis brands, distribution and delivery platform, today announced it has been awarded three provisional licenses in California, including two retail (Los Angeles, San Francisco) and one distribution (Los Angeles). DionyMed also holds provisional distribution, manufacturing and non-storefront retail licenses in Oakland, CA and an additional provisional distribution license in Santa Rosa, CA.

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MarketWatch
Mitch McConnell meets with pot execs in California, pitched need for cannabis banking reform
Oct 12th, 2019

Senate Majority Leader Mitch McConnell, a longtime opponent of reforming marijuana laws, is spending more time than usual thinking about cannabis on a trip to California this week. McConnell is attending at least two days’ worth of meetings with cannabis industry executives, small-business owners and advocates in Southern California, in order to discuss potential cannabis-related banking reform, among other topics, according to people familiar with the matter. McConnell’s schedule includes two cannabis-related lunches with executives and advocates, one of which will take place in Newport Beach, Calif., and a tour of at least one cannabis-related company in the area.

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Rolling Stone
On the Scene at America’s First Public Cannabis Cafe
Oct 10th, 2019

Lowell Cafe occupies a low-profile corner lot in West Hollywood, across from a synagogue, one block away from a Ralph’s grocery store. Just a few streets away, on Sunset Boulevard, there’s an In-N-Out Burger that’s usually packed with folks who have taken advantage of California’s thriving legal weed market. But now, instead of getting baked and ordering a Double-Double, they can head to Lowell Cafe, where people 21 and over can eat food and smoke weed at the same time — legally.

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L.A. Cannabis News
Viola Closes $16 Million Investment Round Led By Gotham Green Partners
Oct 7th, 2019

Viola, a national leader in the production and sale of premium quality cannabis products founded by NBA veteran Al Harrington, today announced the closing of a $16 million funding round led by Gotham Green Partners. The investment firm, known for its financial support of some of the most reputable cannabis companies in the industry, is the first institutional investment in the company.

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Green Entrepreneur
5 Fastest-Growing Cannabis Jobs In 2019: From Operations To Marketing
Nov 11th, 2019

"Already one of the fastest-growing job markets, cannabis continues to gain notable momentum in the consumer brands space. As one of the leading recruiting firms specializing in the cannabis space, we've seen an increased demand among cannabis brands for seasoned high-level executives to fill key roles on their leadership teams,” Sean Conner, co-founder and chief progress officer at ForceBrands

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The Fresh Toast
How To Succeed At Marijuana Job Fairs
Nov 10th, 2019

Each time a state legalizes marijuana for recreational use, tens of thousands of brand spanking new jobs are created. This is perhaps one of the most exciting aspects of the cannabis movement for those people who have dreamed for years about earning a living working with weed. It can be difficult, however, to track down job openings in the cannabis trade. Sure, a real eager beaver can beat the streets in hopes of finding gainful employment in the field of ganja — they can even scour the internet for cannabis firms looking to fill positions in their neck of the woods. But the best, and perhaps the easiest way to find work in the world of weed is to hit the job fairs.

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Cannabis Now
Who Are the Highest Workers In America?
Nov 8th, 2019

A new study published in the journal Drug and Alcohol Dependence confirms there are indeed some careers where workers are more likely to show up under the influence of cannabis. Here are the top five. Is yours on the list?

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