California

Wed
23
Mar

CBD May Put An End To Medical Marijuana Controversy

The Cannabis CBD Controversy. Cannabis Sativa, the plant commonly known as marijuana, has been controversial since the 1600s. In the early 1920s prohibition of marijuana began and fell under national regulation as a narcotic in 1937. In 1970 the Controlled Substance Act gave it a Schedule 1 classification claiming marijuana had a high potential for abuse and no medicinal value.

Wed
23
Mar

How Cannabis-Friendly Is Your State?

Ever wonder how your state stands up to the others in terms of marijuana tolerance? We don't mean how much your state can smoke, but how tolerant the locals are toward cannabis. The real-estate website Estately has the answer. 

Using specialized metrics, they put together rankings for all 50 states in their "Marijuana Enthusiasm Index." The criteria are: the percentage of monthly marijuana users, the average price of cannabis, the average number of marijuana-related Google searches, the legal status of marijuana and expressions of public interest (based on Facebook user data). 

Here are five interesting findings.

Wed
23
Mar

Gavin Newsom Endorses Legal Marijuana Initiative

Gavin Newsom believes the time to legalize marijuana is now.

In an opinion piece published Monday by the Modesto Bee, California’s lieutenant governor gave his reasons for legalizing marijuana in the state, and supporting the Adult Use of Marijuana Act in particular.

“Increasingly, Californians understand the war on drugs has been an abject – and expensive – failure,” said Newsom, prefacing the need for cannabis law reform.

Tue
22
Mar

Check Out The Profit Margins For Cannabis-Infused Goodies

According to new data published in the 2016 Marijuana Business Factbook, profit margins for concentrates and infused products in the cannabis sector hover around 32% - significantly higher than those typically realized by alcohol, soft drinks, and cigarettes.

"Demand for these forms of cannabis are booming, and consumers are often willing to pay a pretty penny for them," according to the Marijuana Business Daily. "Edibles in particular are growing in popularity, particularly in recreational marijuana markets, as are concentrates used in vape pens."

Mon
21
Mar

Last week's marijuana news roundup

While Senate Republicans have said that federal district court judge Merrick Garland, President Obama’s nominee to the U.S. Supreme Court, will not get an up or down vote on his appointment, that has not squelched comments on some of Garland’s positions. One sector that is guardedly optimistic about Garland is the marijuana industry.

Ironically, perhaps, that dab of optimism is based on a 2012 case in which Garland voted with the majority that the Drug Enforcement Agency (DEA) did, indeed, have the authority to maintain marijuana’s rating as a Schedule I drug. Garland, who has often sided with the Environmental Protection Agency (EPA), used a similar argument in the case involving loosening the restrictions on medical marijuana.

Fri
18
Mar

Is Marijuana Saving Small Towns?

The cannabis industry is revitalizing small towns in states across the U.S. where medical marijuana cultivation is now legal.

Decades ago, the arrival of weed on main street seemed the harbinger of disrepair and doom accused of tarnishing the youth and serving as a gateway drug to a life of poverty. 

Now marijuana signals renewal and rebirth. This time, the weed isn't peddled by drug dealers on sidewalks, this potent weed is being transported deliberately by high-power industry leaders.

Wed
16
Mar

High Times Moves Cannabis Cup to California After Troubles in Denver

The largest annual event of the marijuana industry drew local backlash from elected officials in Colorado and is moving to California.

Marijuana might be legal in Colorado, but the industry still has battles to fight.

After trouble obtaining a permit in Denver, High Times magazine is moving its annual U.S. Cannabis Cup over the 4/20 holiday to San Bernardino, California.

Wed
16
Mar

The Hidden Danger in Unregulated Marijuana Edibles

Buying snack foods and beverages is a common occurrence. We routinely review the package label of all the ingredients, as well as the serving size and calorie content. We trust that the products we buy are made in a safe, clean environment.

Yet, for marijuana infused food products, no set standards exist. Currently, the food and beverage products containing tetrahydrocannabinol, or THC, the psychoactive ingredient in pot, have absolutely no oversight, and there is no way a consumer can know how potent the snack item is or if it contains an allergen. Users of these products really have no idea what they are smoking or eating and this unknown can be deadly.

Wed
16
Mar

California: Cannabis Oil Plant Proposed At Vacant San Joaquin Valley Prison

A closed prison in California could soon house a plant for growing marijuana and producing cannabis oil. Southern California company Ocean Grown Extracts proposed a plan last month to transform an empty San Joaquin Valley prison, the Fresno Bee reported Monday. 

Tue
15
Mar

Many Women Choosing Careers in Cannabis Industry

SAN FRANCISCO (KGO) -- Thanks to changing federal and state regulations, the marijuana industry in California is booming. And now women are taking the lead and breaking through the "grass ceiling.

Weed, pot, marijuana, Mary Jane, no matter what you call it - the sale of legal cannabis is growing fast.

Industry leaders expect sales to soar from $2.5 billion in 2014 to as much as $8 billion by 2018 and women are staking claim to many of those new businesses.

"Women are natural healers," Andrea Unsworth said. "We're the people who are typically in your home when you are sick, you know you go to mom."

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