California: Page 46

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.

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.

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.

California Releases Proposed Rules for Organic Cannabis Certification

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

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.

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.

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.

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.

UC Davis Releases Report on California Cannabis Testing Costs

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

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.

California Cannabis Equity Program Grants Local Jurisdictions $30 Million in Funding

The program aims to support cannabis entrepreneurs from communities disproportionately impacted by prohibition.

Planet 13 Announces Renegotiation of Santa Ana Acquisition

Following an announcement that it had terminated an agreement to acquire a dispensary in Santa Ana, Calif., Planet 13 has renegotiated the terms.

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