Summer won't turn folks outlaw. Let the healing begin.
On Thursday the State Senate passed a bill that would fix the expiring licenses quandry that would have brought 7,000 or so licensees to the brink of illicit activity.
Senator David McClure (D-Healdsburg) sponsored the temporary license extension, which passed 32-4 and is expected to easily pass the Assembly.
October is the state's new kick-down-the-road target for issuing permanent licenses.
North Bay Business Journal / Associated Press
TheStreet/Grizzle /Seeking Alpha
Meanwhile Cresco Labs picked up distributor Origin House in a $1.1 billion all-stock deal. The latter’s CEO Marc Lustig said the Canadian company bought his company because it wanted Origin House’s access to sophisticated California consumers.
TheStreet/Grizzle / Seeking Alpha
On Tuesday Sonoma County’ Supervisors voted to put a temporary ban on hemp growing in unincorporated areas. The same day Humboldt County banned growing hemp. The slow establishment of state hemp regulations has put growers and municipalities in a bind.
SFGate/Eureka Times Standard
As the sturdy old adage goes, all politics are local. That means, if they're talking about addressing the needs of communities overpoliced? And that conversation is stretching across the country and up the Presidential politics level? This conversation about recompense for victims of The War on Drugs just has to be about the birthing struggles of Los Angeles's social equity program, too.
As the City of L.A.'s cannabis regulator enters its critical Phase 3 of licensing, it has no funding for business and technical assistance, as mandated by the city. The department ha has posted the position of Social Equity Manager. Once the gig is filled, we'll finally see whether the world's largest Mary Jane market can pull itself together for its close-up, and try to catch up with Sacramento.
Governor Gavin Newsom (D) wants the federal government to pay for some of his war on illicit marijuana, asking that the Pentagon help cover costs for 150 soldiers and airmen from the National Guard. There’s been no response to his letter sent on February 11.
Pot cafes and lounges might be opening up sooner than expected, thanks to a new set of rules being pushed through the state Assembly. May every forthcoming California lounge be as beautiful as the forthcoming Lowell Farms Cannabis Cafe.
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