California

Tue
16
Feb

Cash-only marijuana dispensaries flood California tax office with paper

The businesses are legally unable to write checks or make credit card transactions, raising questions of safety as people carry huge sums

The Sacramento branch of the California tax collection agency reeks of marijuana.

That’s because it’s cash day at the collection center – when marijuana dispensary owners are allowed to bring in paper money to pay their quarterly sales tax bill – and the smell of their inventory clings to everything.

Tue
16
Feb

Roseanne Barr Is Opening a Marijuana Dispensary Called 'Roseanne's Joint'

Roseanne Barr wants you to smoke a bowl with her at her new medical marijuana shop, opening soon in California. Can’t you hear her laugh already?

The comedic actress has invested in a weed dispensary called Roseanne’s Joint in Santa Ana, which will sell all sorts of edibles including chocolate-covered weed snacks made with macadamia nuts from Oprah’s favorite Hawaiian nut producer. The store, along with the comedian’s personal strain of weed, will be named Roseanne’s Joint.

Via the OC Register, Barr also says she plans on stopping by the store from time to time:

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Tue
16
Feb

Investors, celebs rush to desert city Adelanto for marijuana cultivation

The ordinance that allows commercial cultivation of medical marijuana in Adelanto requires growers to make every effort to hire at least half of their workers in the city.

Adelanto needs all the jobs it can get. Its unemployment rate soared to 22 percent during the recession, and it's still 9.7 percent, compared with a statewide rate of 5.8 percent.

Freddy Sayegh, a Los Angeles lawyer who represents three cultivation projects, estimates the new industry will generate 3,000 jobs for the town. His three facilities might account for 500, he said, with workers tending and trimming the plants and providing security, sales and research.

Tue
16
Feb

Former Surgeon General, Sitting Congressmen Talked Cannabis at the ICBC

Dr. Joycelyn Elders, our nation’s first African American Surgeon General was the keynote address this morning at the International Cannabis Business Conference (ICB) and Congressmen Earl Blumenauer and Dana Rohrabacher followed her. Having Elders and two sitting Congressmen speak helped provide an overview of how far the United States has come nationally, where we are now, and where we are heading in the near future.

Mon
15
Feb

Marijuana Legalization Doesn't Mean You Can Grown Your Own

BERKELEY, CA - MARCH 25: Marijuana plants are displayed at the Berkeley Patients Group March 25, 2010 in Berkeley, California. California Secretary of State Debra Bowen certified a ballot initiative late yesterday to legalize the possession and sale of marijuana in the State of California after proponents of the measure submitted over 690,000 signatures. The measure will appear on the November 2 general election ballot. (Photo : Justin Sullivan/Getty Images)

Many are hoping that the use of marijuana will soon be legalized in most states. While some are still hesitant to pursue it, a new study suggests that the sales of cannabis will grow four times, four years from now.

Mon
15
Feb

Call for legalizing marijuana gaining support; Projected income goes up to the billions

The call for making marijuana legal on different states is rapidly gaining pace as well as the profits gained from it. In a not so far future, legalizing it in every state is highly probable.

California together with Washington and 22 other states are now legalizing marijuana for medical use. Since 1996, it has gained momentum in the field of medicine and is prescribed by the physician for specific and different types of ailments. The Obama administration has removed some hurdles regarding the legalization of marijuana. Although government as a whole is still keen on keeping it illegal just like in the 1996 federal government.

Fri
12
Feb

Canopy Boulder delays inaugural San Francisco class after too few companies apply

Spring class in Boulder is 'strongest yet,' founder says

Boulder-based cannabis accelerator Canopy Boulder is delaying the start of its inaugural San Francisco class after too few businesses applied.

Canopy co-founder Patrick Rea said there were not enough applicants to support classes in both Boulder and San Francisco for the spring program, which starts Feb. 29, now only in Boulder.

Classes are typically made up of 10 early-stage ancillary service companies.

Fri
12
Feb

California NORML Opposes Medical-Only Marijuana Tax

A bill to impose a new 15% state excise tax on retail purchases of medical marijuana has been proposed in the California legislature (SB 987 by Sen. McGuire).  The tax would be in addition to the current 7.5+% sales tax plus various local business taxes assessed by some localities.

“At this time when providers already face burdensome new costs under the Medical Marijuana Regulation and Safety Act (MMRSA), it is unwise and inappropriate to impose any new state tax on medical marijuana,” says California NORML director Dale Gieringer.  Many patient advocates regard any taxes on medicine as unjust in principle.

Fri
12
Feb

Roseanne Barr to Open Medical Marijuana Dispensary

Roseanne’s Joint will offer weed-laced macadamia nuts grown on comedian’s farm, among other goods

Roseanne Barr is going to pot with her latest business venture.

The former “Roseanne” star and presidential candidate has joined the cannabis industry, via a medical marijuana dispensary that will open in Santa Ana, California, the Orange County Register reports.

Barr is investing in the dispensary and will enter a licensing agreement with the business.

The name of the dispensary? Roseanne’s Joint, of course.

Thu
11
Feb

State Officials Disagree On Who Will Track Medical Marijuana Plants

California’s new medical cannabis law will put the state in charge of tracking each marijuana plant from “seed to sale.” But the Brown administration and the state's independent tax board are at odds about who will oversee it. 
 
The state Board of Equalization is preparing to do the job. Board member Fiona Ma held a hearing with companies that supply software to other states. But Ma says the governor's budget proposal doesn't supply the necessary funds.
 
"Because of the extra responsibilities that we have to do this track and trace program, we need extra employees," says board member Fiona Ma. "We don’t have authority to hire new people."
 

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