Canna Biz News Daily

Canna Biz News Daily Global Regulated Agriculture News

This article reports an average price per lb of $33 for legaly grown cannabis in SB County. That's a lot of farms losing...
06/22/2024

This article reports an average price per lb of $33 for legaly grown cannabis in SB County. That's a lot of farms losing money, or under reporting the revenues. $33/lb is the approximate cost before trimming to grow outdoor cannabis with most of that being the annual DCC cultivation license cost.

Santa Barbara's cannabis industry experienced stunning growth in 2023 even as pot farms across California went out of business.

“The violence is getting worse. The stakes are getting higher,” said dispensary owner Jerred Kiloh, who also heads the U...
02/02/2024

“The violence is getting worse. The stakes are getting higher,” said dispensary owner Jerred Kiloh, who also heads the United Cannabis Business Association, a Los Angeles-based trade group. He said many of the organization’s members have seen their dispensaries robbed one or more times, sometimes by the same thieves.

The slayings of six men last week at a remote desert crossroads that authorities believe stemmed from a soured illegal cannabis deal spotlighted a longstanding problem in California.

Why Some Seniors Are Choosing Pot Over Pills
11/19/2023

Why Some Seniors Are Choosing Pot Over Pills

Older people are using cannabis more than ever. Here’s what to know about its potential medicinal benefits and side effects as we age.

"Statehouse’s challenges are in no way unique, according to its competitors. “Nobody is going to survive this – it’s an ...
09/14/2023

"Statehouse’s challenges are in no way unique, according to its competitors. “Nobody is going to survive this – it’s an armageddon,” says Mike Bitar, co-founder and CEO of Salinas-based cannabis company Grupo Flor."

Cannabis retailer Urbn Leaf’s Seaside dispensary is the latest to fall victim to the challenging business conditions facing the industry after shutting down late last month.

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