Cannabis business News

California Residents Sue Nearby Cannabis Growers Over Smell

The smell of marijuana has driven some residents of the Southern California city of Carpinteria to sue local growers. The lawsuit filed last week contends the growers should seal their greenhouses and use “carbon-based filtration methods,” KEYT-TV reported. The suit …

Report: Cannabis Dispensaries May Become ‘Most Profitable’ Specialty Stores

Selling insurance to cannabis dispensaries may the business in which to be in the very near future. A new report claims that cannabis retailing could become one of the “most profitable specialty store categories ever.” The report, From Dispensaries to …

California Governor’s OK of Cannabis Tax Bill Among Several Industry-Related Bills He Signed

California Gov. Gavin Newsom has been quite friendly to the cannabis industry lately, signing into law more than a half-dozen cannabis-industry related bills. The bills were intended to add to or subtract from the Medicinal and Adult-Use Cannabis Regulation and …

Alaska City Officials Might Prevent Pot Companies from Opening

Alaska city officials have sponsored protests that could stop two cannabis companies from opening despite having approved licenses. KYUK-AM reported that the state Marijuana Control Board recently approved licenses for two marijuana stores, but Bethel City Council has delayed the …

Oregon Pot Racketeering Lawsuit Allowed to Proceed

A judge has ruled that a racketeering lawsuit brought by a vineyard against a neighboring marijuana operation can go forward despite attempts to have it dismissed – a ruling that could increase the odds for vineyards and other agricultural businesses …

Do Cannabis or Alcohol Taxes Have Higher Upside for Society?

Which helps society more? Alcohol or cannabis. That sounds like a funny question, but it may be an important one with more local governments embracing the opportunity to bring in tax revenue from cannabis sales. A new report from Wikileaf, …

Clarifying Law Around Insurance of Marijuana Act Would Reduce Gaps, Expert Says

Chris Boden is stoked about the potential of a recently introduced bill in Congress that would create a safe harbor for insurers engaging with cannabis-related businesses. Boden is the cannabis practice group team leader at Crouse & Associates, a wholesale …

California Cannabis Seller Wants Court to Void County Delivery Ban

Another legal fight is underway over home marijuana delivery in California. A licensed cannabis company has sued Santa Cruz County, claiming that it’s violating state law by prohibiting deliveries from out-of-county retailers into a swath of unincorporated areas. The East …

Company Settles for $6M with Nevada Dispensary Co-Owner

A cannabis company paid a $6.3 million settlement to a Nevada dispensary co-owner who claimed the company skimmed millions of dollars from dispensary profits, according financial documents. California-based Terra Tech reached a settlement with Heidi Loeb Hegerich, a co-owner of …

Bill Advancing to Make Recreational Marijuana Legal in New Mexico

A proposal to legalize the sale and consumption of recreational marijuana through state-run stores in New Mexico is advancing in the state Legislature. A Senate panel on Saturday endorsed the House-approved bill that would allow possession of up to 1 …