https://www.facebook.com/104969659001120/

Canna Biz News Daily, Paso Robles, CA (2024)

12/19/2023

https://www.sfgate.com/cannabis/article/failed-california-cannabis-distributor-18496585.php

California’s biggest cannabis distributor collapsed this summer after posting $700 million in sales a year earlier.

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.

10/24/2023

https://www.nationalgeographic.com/science/article/cannabis-ma*****na-history-names

As ma*****na restrictions ease, consumers are navigating a list of names that may seem nonsensical—but can hold clues to what you're buying.

10/18/2023

https://www.jdsupra.com/legalnews/cannabis-legal-report-october-2023-9648034/

SAFER Banking Act Heads to Senate Floor - On September 27, the Secure and Fair Enforcement Regulation (SAFER) Banking Act (S.2860) was...

10/18/2023

https://www.ma*****namoment.net/california-governor-signs-last-remaining-ma*****na-bills-of-the-legislative-session/

California Gov. Gavin Newsom (D) has signed the three remaining cannabis-related bills sent to his desk by lawmakers this session, approving measures related to business licensing changes, distribution of fines collected from illicit cannabis operations and membership of a state ma*****na task force...

10/14/2023

https://norml.org/news/2023/10/12/georgia-regulators-move-to-have-independent-pharmacies-provide-state-licensed-cannabis-products/

Board of Pharmacy has begun accepting applications from licensed pharmacies

10/10/2023

https://www.ma*****namoment.net/california-governor-vetoes-cannabis-cafe-and-ma*****na-labeling-bills-but-signs-others-into-law/

California’s governor has dealt the cannabis industry and ma*****na reform supporters a mixed bag of actions on bills. Gov. Gavin Newsom (D) over the weekend vetoed a measure to legalize cannabis cafes that supporters said would have given consumers new opportunities t0 socialize and allowed busin...

10/03/2023

https://www.cnbc.com/2023/09/27/ma*****na-financing-bill-safer-banking-to-move-forward-in-congress.html

The Secure and Fair Enforcement Regulation Banking Act advanced out of a Senate committee.

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.

09/14/2023

https://www.ma*****namoment.net/california-bill-to-end-single-use-plastic-tag-requirement-for-ma*****na-plants-heads-to-the-governor/

The California legislature has sent a bill to the governor that would change how ma*****na plants must be tracked in a way that supporters say will promote environmental sustainability by eliminating the use of single-use plastic tags. The legislation from Sen. Ben Allen (D) passed both chambers wit...

09/07/2023

https://mjbizdaily.com/appeals-court-rules-in-favor-of-catalyst-cannabis-co-lawsuit-against-california/

An appeals court ruled in favor of the parent company of Catalyst Cannabis Co. in its lawsuit involving the state's track-and-trace data.

09/06/2023

https://www.ma*****namoment.net/schumer-says-senate-will-be-making-progress-on-ma*****na-banking-in-floor-speech-on-legislative-priorities/

Senate Majority Leader Chuck Schumer (D-NY) is reiterating his commitment to advancing ma*****na banking reform as the chamber comes back into session from the August recess. In a floor speech on Tuesday, Schumer discussed various legislative priorities for the coming weeks and months. That includes...

09/03/2023

https://www.ma*****namoment.net/moving-ma*****na-to-schedule-iii-could-have-sweeping-impacts-for-businesses-federal-employees-research-and-more/

If the U.S. government moves ma*****na to Schedule III of the Controlled Substance Act (CSA)—as the Department of Health and Human Services (HHS) has now formally recommended—the shift could have profound implications for all sorts of cannabis-related issues, ranging from research to business ta...

09/01/2023

Megan’s Organic Market Fake Union Labor Peace Agreement?
According to DCC records obtained by MJBizDaily, the questionable labor organizations now under scrutiny are:

Cannabis Engineers Extractors & Distributors (CEED), which has signed one LPA with a licensee.
Congress of Independent Unions, eight LPAs.
Cultural Management, one LPA.
Industrial Professional and Technical Workers (IPTW), three LPAs.
National Agricultural Workers Union, 20 LPAs.
National Production Workers Union, seven LPAs.
Professional Technical and Clerical Employees Union, two LPAs.
Professional Technical Union Local 33, 35 LPAs.
Truck Drivers, Chauffeurs, Warehousemen and Helpers Local 707, five LPAs.
Union of Craft Cannabis Professionals, one LPA.

Records obtained by MJBizDaily show at least 10 labor organizations believed to be fake unions are active in California's ma*****na industry.

08/31/2023

https://www.yourcentralvalley.com/news/local-news/fresno-teams-up-with-california-doj-to-combat-illegal-ma*****na/

FRESNO, Calif. (KSEE/KGPE) – As illegal cannabis continues to cause big problems for California’s legal dispensaries, The California Department of Justice has announced a new partnershi…

08/28/2023

https://www.dailymail.co.uk/news/article-12437955/recreational-w**d-industry-economics-profit.html

Currently, the recreational use of cannabis is legal in 23 states, and last year state-regulated medical and recreational pot sales topped $26 billion nationwide, according to Vangst.

08/24/2023

"Lee previously discussed the issue during a webinar hosted by the Alliance for Sensible Markets, at which he made the case that the there is already an interstate cannabis market that’s been effectively established in the U.S.. But so far it’s been unregulated, forcing operators to make the choice between staying legal—but keeping products within a single market—or engaging in illicit activity by selling across state lines."

The California attorney general’s office has been soliciting input from local government and cannabis industry groups as it works to finalize an opinion on the potential legal risks of authorizing interstate ma*****na commerce under ongoing federal prohibition, documents obtained by Ma*****na Mome...

08/22/2023

https://www.cannabisbenchmarks.com/wholesale-market-observer/does-anyone-know-how-much-ma*****na-is-grown-in-california/

Exploring California's Shifting Cannabis Landscape: License Trends, Production Changes, and Market Impact.

08/02/2023

https://www.sacbee.com/news/california/california-w**d/article277503793.html

“Cannabis is legal in California, people should talk about it.”

07/26/2023

https://highlycapitalized.com/business/stunning-breakthrough-for-farmers-as-ny-office-of-cannabis-greenlights-pop-up-stalls-at-events-concerts-in-new-york/

NEW YORK-In a groundbreaking decision, the New York Office of Cannabis Management has set in motion a revolutionary plan called the Grower's Showcase to bolste

07/19/2023

City of Solvang Rejects Megan's Organic Market aka MOM. front operation

https://www.noozhawk.com/solvang-council-rejects-medical-cannabis-shops-request-to-sell-for-recreational-use/

"Councilmembers also expressed concern about questions regarding Megan’s Organic Market’s possible ties to Hellos Dayspring, who has been sentenced to federal prison for bribery."

"Law enforcement officers said one concern centers on legal cannabis purchases then resold illegally, often to juveniles. " As a strong believer in property rights, Councilmember Robert Clarke said he had mixed opinions about the issue but supported the students’ stance.

He also agreed with a youth who questioned the dispensary’s slogan, “MOM knows best.”

“I’m kind of on the same page with you on that. I think it’s bad marketing,” Clarke said.

After hearing from high schoolers Monday night, the Solvang City Council decided not to allow a yet-to-open medical cannabis shop to expand its offerings

07/16/2023

partner

By KAREN VELIE Amid what some are calling a bust in the cannabis market, San Luis Obispo is seeking applications for a third pot shop, cultivation facilities, manufacturing, testing and delivery se…

07/14/2023

https://www.montereycountyweekly.com/news/cover/monterey-county-s-cannabis-industry-is-struggling-to-survive----and-claims-overtaxing/article_d78ecd54-20df-11ee-915c-f78e9848979d.html

JUST OFF HIGHWAY 101, ABOUT A 10-MINUTE DRIVE SOUTH OF SALINAS, is an expanse of farmland that has become the heart of Monterey County’s cannabis industry. Next to fields replete

07/13/2023

https://www.linkedin.com/posts/activity-7085260886738653186-BrTB?utm_source=share&utm_medium=member_android

Have you heard about legal cannabis products sold over the internet and delivered by mail? This w**d is sold over the counter anywhere and online. No, we are…

07/11/2023

https://www.cannabisbusinesstimes.com/news/whitney-economics-report-business-conditions-market/?utm_campaign=Cannabis+Business+Times+Newsletter&utm_source=06%2f28%2f2023+-+&utm_medium=email&utm_term=https%3a%2f%2fwww.cannabisbusinesstimes.com%2fNews%2fwhitney-economics-report-business-conditions-market&utm_content=480253&isid=B9D3D4

Whitney Economics’ Q4 2022 report cuts to the chase: The U.S. cannabis market is in trouble.

07/10/2023

https://businessofcannabis.com/unpaid-regulatory-fees-in-canada-jump-225/

Canada has seen a dramatic increase in the amount of unpaid regulatory fees owed by cannabis companies to the federal government over the last year. According to Health Canada figures published by MJBizDaily, in the fiscal year 2022-2023 overdue fees jumped by 225% from C$1.2m to C$3.9m. This figure...

07/07/2023

https://mjbizdaily.com/herbl-collapse-signals-wider-fallout-in-california-ma*****na-industry/

California ma*****na distributor Herbl is going to the courts in a bid to recover some of the roughly $10 million it claims retailers owe.

06/30/2023

has the winning

They do this by using an array of different frontmen who agree to attach their names to the licenses. Once licensed, the burner distros purchase large quantities of cannabis from cultivators within the state, which in return look the other way to keep excess cultivation tax money flowing in. The suit alleges these burner distros have been supplying lawfully made cannabis to the black market across the country.

A California cannabis company that has been accused of transporting and shipping cannabis across state lines on airplanes is striking back.

06/28/2023

https://www.sanluisobispo.com/news/california/california-w**d/article276618841.html

Local cannabis growers say they’re struggling to survive amid substantial fees and a market crash.

06/24/2023

https://www.mercurynews.com/2023/06/23/opinion-california-legal-cannabis-market-could-soon-implode/

Illicit market continues to thrive because state’s legalization had two fatal flaws, high taxes and local control.

Canna Biz News Daily

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