There are at least 2,835 unlicensed dispensaries operating across California and that figure dwarfs the number of legal businesses, according to a new audit.
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California authorities have seized $30 million worth of illicit marijuana in the past 18 months as they wrestle with the state’s flourishing black market.
Th... Read More»
California has launched a statewide public information campaign urging cannabis users to stick to legal dispensaries and shun their unlicensed counterparts.
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California brought in revenue of $116.6 million through taxing the cannabis industry in the first quarter of 2019.
Excise tax amounted to $61.4 million, cult... Read More»
The California Senate has approved legislation that would create a special class of state-chartered banks to serve the cannabis industry.
S 51 would allow pr... Read More»
German Cultivation Bid Finally Awarded
Bottom Line: Each lot is only worth about C$2 mm a year in revenue. This means Aphria and Aurora will see revenue incr... Read More»
Temporary licenses for farms in California are expiring before a corresponding number of permanent licenses can be issued, leaving the supply chain for medical ... Read More»
MJIC, Inc. has announced a new fully-licensed multipurpose facility located in Brisbane, Cali. The company is currently California's top provider of fully-licen... Read More»
Summer 2018 brought new regulations for the safety of marijuana products in California, and unfortunately, that has been bad news for various businesses. In fac... Read More»