With legalized recreational marijuana possibly on the horizon in California, tax board officials signaled their interest Friday in forming a state-run bank that would allow pot-industry operators to transition from what has traditionally been a cash business. Access to financial institutions is difficult given the federal prohibition on the drug. Read more »
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Medical Cannabis Advocates Relieved that Anti-Marijuana Crusader Melinda Haag Is Quitting
Controversial US Attorney Melinda Haag announced that she will step down on September 1, thereby bringing an end to one of the most aggressive campaigns against the medical cannabis industry since California voters legalized the drug in 1996. During her tenure, which began in 2011 when President Barack Obama appointed her to the western coastal […]
New York’s Medical Marijuana Licenses Expected to be Awarded by Friday
The New York Department of Health is expected to announce either Thursday or Friday which five companies it has selected to award licenses to grow medical marijuana under the Compassionate Care Act. This announcement, first reported by the Daily Freeman News of Kingston, New York, may come as a welcome, if long-awaited, surprise to the […]
California board calls outdoor pot growth a waste of water
SACRAMENTO, Calif. (AP) — Sacramento County supervisors are standing by their decision to label outdoor marijuana cultivation as a waste of water. The Sacramento Bee reported (http://bit.ly/1KzOYIt) Tuesday that the board will maintain higher fines despite pushback from medical marijuana supporters. Read more »