Tag: CBT > State by State: California: Page 44

Finance

California Regulators Offer 60-Day License Fee Deferrals to Cannabis Businesses During COVID-19 Pandemic

The deferrals, which apply to businesses with state licenses that expire between now and June 30, are meant to provide financial assistance to licensees affected by the coronavirus crisis.

May 18, 2020

Legislation and Regulation

U.S. House Includes SAFE Banking Act in New COVID-19 Relief Bill, Montana Cannabis Legalization Campaign Launches Signature Drive: Week in Review

This week, House lawmakers included legislative language from the SAFE Banking Act in new legislation aimed at economic relief amid the coronavirus pandemic.

May 16, 2020

California

Arvin, Calif., Votes Unanimously to Adopt Hemp Ordinance After Publicized Destruction of Local Crop

The 5-0 vote signals a concerted effort by city officials to work with the industry and related institutions in a county that has halted multiple cannabis operations over the past year.

May 14, 2020

Legislation and Regulation

Newly Released Memo Advises DEA to Change Cannabis Research Regulations, Minnesota Lawmaker Introduces Adult-Use Legalization Bill: Week in Review

This week, a 2018 memo surfaced, indicating that the Drug Enforcement Administration’s practices have been non-compliant with international drug laws for decades.

May 9, 2020

Finance

Former Green Growth Brands Executive Peter Horvath to Run Hightimes Holding Corp.

Following former CEO Stormy Simon’s exit, Horvath will preside over the publishing company’s pivot to retail.

May 7, 2020

California

California Releases Proposed Rules for Organic Cannabis Certification

Public comment on the regulations will be accepted through July 7.

May 4, 2020

Legislation and Regulation

Illinois Delays Awarding New Cannabis Dispensary Licenses, Canopy Growth Lays off 200 More Workers: Week in Review

This week, Illinois regulators planned to issue 75 adult-use dispensary licenses, but instead announced that they will now wait until the governor’s disaster proclamation expires.

May 2, 2020

California

Navigating Vulture Investment

Investment companies looking to buy distressed assets have entered the cannabis market, and the global pandemic set the playing field in their favor.

May 1, 2020

Finance

California Offering $50,000 ‘Bridge Loan’ for Small Businesses, Including Cannabis Industry

With a sales tax deferral and an opportunity to hold back thousands of dollars, California is offering some relief for small business owners.

April 30, 2020

Legislation and Regulation

Following Nearby Destruction of 500-Acre Hemp Crop, Arvin, Calif., Moves to Regulate Industry

The city aims to have local jurisdiction over growers and manufacturers, as well as work with them to obtain tax revenue and support the community and environment in other ways.

April 29, 2020

Compliance

UC Davis Releases Report on California Cannabis Testing Costs

Researchers found that cannabis growers’ testing costs average $136 per pound.

April 28, 2020

Finance

Lawmakers Introduce House Bill to Extend Federal Aid to Cannabis Industry, Stay-at-Home Orders Keep 4/20 Sales Down: Week in Review

This week, Reps. Earl Blumenauer and Ed Perlmutter unveiled legislation that would allow cannabis businesses to access federal COVID-19 relief.

April 25, 2020