LA Property Owners That Lease To Unlicensed Cannabis Businesses May Soon Pay the Price

Property owners might soon face fines of $20,000 a day, have utilities shut off, doors padlocked and be subject to other enforcement measures.

California Los Angeles

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January 29, 2019

Building owners who rent out their property to the hundreds of unlicensed cannabis businesses in the city of Los Angeles might soon face fines of $20,000 a day, have utilities shut off, doors padlocked and be subject to other enforcement measures.

This is the only way for the struggling cannabis industry to fully flourish as a legitimate business in the city, a city of Los Angeles official said.

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The new dispensary will join Blüm’s growing portfolio, which includes three other Northern California stores and a recently acquired Bay Area location.

Blum Holdings

California Cannabis Excise Tax Hike Takes Effect as Consumers Face Mounting Cost-of-Living Crisis

The excise tax increase will drive more Californians to the unlicensed market; Assembly Bill 564 offers a path to roll back the policy.

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California DCC Announces $30M in Grant Funding to Advance Cannabis Research

The state’s Department of Cannabis Control is soliciting research proposals from public universities to better inform future laws impacting the industry.

California Public Health Department Aims to Make Hemp THC Ban Permanent

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Sunset Social Club

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California Bill to Freeze Cannabis Excise Tax Breezes, 6-0, Through Another Committee

Revenue and Taxation Committee members voted unanimously to advance Assembly Bill 564 to prevent a 26.7% increase.

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California’s Cannabis Excise Tax Will Increase by 27% on July 1, CDTFA Announces

Despite legislation aiming to prevent the tax hike, the state’s tax agency indicated its hands are currently tied.

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California Lawmakers Vote, 15-0, To Repeal Cannabis Excise Tax Increase

The California Assembly Business and Professions Committee unanimously advanced legislation to prevent a 27% rate increase scheduled for July 1.

California Assemblymember Matt Haney, D-San Francisco, testifies on legislation to repeal the state’s cannabis excise tax increase during the Business and Professions Committee hearing on April 22.

LEEF Brands Begins Planting Salisbury Canyon Ranch, One of World’s Largest Cannabis Farms

The roughly 1,900-acre ranch in Santa Barbara County, Calif., includes 187 acres of licensed cannabis canopy.

Leef Brands

500 Unionized STIIIZY Workers in California Ratify Landmark 3-Year Contract

The agreement for the highest starting wages in the industry sets an industry standard for unionized cannabis workers nationwide.

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