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by Michael Addady // Fortune It’s in the billions. Legalizing recreational marijuana could be a smart financial move for California. A new study from the University of the Pacific in Stockton suggests legalizing recreational marijuana in California would create jobs and generate billions of dollars worth of business. The study was commissioned by Truth Enterprises, which is an investment fund…
Sacramento – The Los Angeles Cannabis Task Force issued the following statement on Governor Jerry Brown’s veto of AB 2385. Sponsored by Assemblymember Reggie Jones-Sawyer, Sr., the legislation would have carved out an exemption for a limited number of commercial cannabis applicants and allowed them to operate without a local license, if they met requirements specified by the City of…
by Craig Boudreau // The Daily Caller News Foundation The 9th Circuit Court of Appeals has ruled that a ban on gun sales to patients holding a medical marijuana card is legal, ABC News reports Wednesday. S. Rowan Wilson, of Nevada, who is a medical marijuana cardholder, had attempted to buy a gun in 2011 but was denied the sale…
Supporters of a saner marijuana policy scored a small victory this week when the Obama administration said it would authorize more institutions to grow marijuana for medical research. But the government passed up an opportunity to make a more significant change. The Drug Enforcement Administration on Thursday turned down two petitions— one from the governors of Rhode Island and Washington…
by Lucy Schouten // Christian Science Monitor Declining tobacco use could soon intersect with a steady uptick in the smoking and consumption of another leafy drug – marijuana. Marijuana use among American adults has seen such a large spike after partial legalization that it could overtake the number of tobacco users within several years. Reported marijuana use has nearly doubled in…
Cannabis oil manufacturers in California must be cautious in this time period before issuance of MMRSA permits, and diligently comply with local ordinances and Health & Safety Code 11362.775 and the non profit requirements, to minimize the harm from a raid or other law enforcement encounter, and not be lulled into thinking that what they are doing is risk-less. Latest…
By David Downs The White House’s drug czar Michael Botticelli — a recovering addict — is tempted by the delicious smell of cannabis while walking down the street in Washington DC, he told the New York Times Magazine, in a short Q&A that illustrates a potential new federal response to state marijuana legalization. It’s no surprise Drug Czar Botticelli said…
By Patrick McGreevy Lori Ajax has two years to set up California’s first system to license, regulate and tax medical marijuana. Gov. Jerry Brown recently appointed the Republican to become the first chief of the Bureau of Medical Marijuana Regulation. Ajax, 51, was previously chief deputy director at the California Department of Alcoholic Beverage Control, where she worked in various…
h/t LA Weekly Gov. Jerry Brown today signed a trio of bills that finally provides statewide rules for California’s medical marijuana growers and sellers. The governor today called the bills part of a “long-overdue comprehensive regulatory framework for the production, transportation, and sale of medical marijuana.” He said state agencies would begin working soon with stakeholders to establish “clear guidelines”…
by David Downs Today the California Senate Appropriations Committee advanced historic medical cannabis regulations with a last-minute twist: nothing was in the bill. Assembly Bill 266 was gutted and amended to read: “It is the intention of the state legislature to regulate medical marijuana.” But for the first time, the Governor’s Office weighed in with language of its own that…