Articles By Julia Barajas
A second stakeholder meeting focused on the scope of potential investors, mandatory disclosure of financial records, and divestiture of bad actors.
State Senator Bob Hertzberg, who worked alongside state Treasurer Fiona Ma, described the bill as “an interim bridge . . . not too complex,” and better than “a cockamamie public bank.”
As cannabis tourism is on the rise across the US, lawmakers in the nation's most populous state aim to set some ground rules.
At LA Cannabis Conference, Investors Talk Canopy, Acreage, and the Double-Edged Sword of Prohibition
Since California legalized, the US has seen an “incredible explosion of interest in the sector—not just from Canadian investors, but from investors around the world,” the CEO of Canadian Securities Exchange said.
Minority Cannabis Business Association says the city’s position as one of the largest cannabis markets means its “programs and market rollouts will likely be adopted by others in the industry.”
Officials have conducted cannabis “study visits” to the Netherlands, Portugal and Canada.
Officials are particularly concerned about rise in product potency.
The landscape of cannabis patents and trademarks is shifting, and hemp legalization via the Farm Bill adds a new wrinkle.
At an industry summit in Los Angeles, California’s top cannabis regulators came together to discuss the state’s plans to prop up licensed operators, banking and tax hurdles, and social equity programs.