California
Unlicensed Cannabis Retailers Thriving in California
There are at least 2,835 unlicensed dispensaries operating across California and that figure dwarfs the number of legal businesses, according…
California Seizes Cannabis Worth $30m From Unlicensed Retailers
California authorities have seized $30 million worth of illicit marijuana in the past 18 months as they wrestle with the…
California Launches Clampdown on Unlicensed Dispensaries
California has launched a statewide public information campaign urging cannabis users to stick to legal dispensaries and shun their unlicensed…
California Cannabis Tax Revenue Increases in Q1
California brought in revenue of $116.6 million through taxing the cannabis industry in the first quarter of 2019. Excise tax…
California Senate Approves Cannabis Banking Bill
The California Senate has approved legislation that would create a special class of state-chartered banks to serve the cannabis industry.…
Marijuana Investor Roundup: Analysis of the Week’s Most Important Events (April 6th, 2019)
German Cultivation Bid Finally Awarded Bottom Line: Each lot is only worth about C$2 mm a year in revenue. This…
Legal Cannabis Supply in California Drying Up
Temporary licenses for farms in California are expiring before a corresponding number of permanent licenses can be issued, leaving the…
MJIC Announces New Facility in California
MJIC, Inc. has announced a new fully-licensed multipurpose facility located in Brisbane, Cali. The company is currently California's top provider…
Marijuana Products In California Aren’t Making the Grade
Summer 2018 brought new regulations for the safety of marijuana products in California, and unfortunately, that has been bad news…