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Posted inCalifornia, The M Files

Is a Public Cannabis Bank Feasible? Treasurer Chiang Aims to Find Out

SACRAMENTO August 1, 2018 – California State Treasurer John Chiang today announced the selection of San Diego-based Level 4 Ventures to determine the feasibility of establishing a public cannabis bank. The need for a public cannabis bank has stirred intense interest and debate among financial experts, public officials, and the cannabis industry, as well as […]

Posted inCalifornia, The M Files

Cannabis Tax Revenues Total $60.9 Million in First Quarter

Sacramento May 11, 2018 – The California Department of Tax and Fee Administration (CDTFA) today released revenue numbers for cannabis sales in the first quarter of 2018. Tax revenue from the cannabis industry totaled $60.9 million since January 1, 2018, which includes state cultivation, excise and sales taxes. It does not include local tax revenue […]

Posted inCalifornia, The M Files

Sen. Harris Cosponsors Landmark Bill to End Federal Prohibition of Marijuana

WASHINGTON, D.C. May 10, 2018 – U.S. Senator Kamala Harris (D-CA) today became the fourth U.S. senator to cosponsor Senator Cory Booker’s (D-NJ) landmark bill to end the federal prohibition on marijuana. The Marijuana Justice Act would remove marijuana from the list of controlled substances, making it legal at the federal level. Harris announced her […]

Posted inSci/Tech, The M Files

Survey: Medical marijuana could reduce opioid use in older adults

May 1, 2018 – A questionnaire of older men and women suffering from chronic pain who were given medical marijuana found that the drug significantly reduced pain and their need for opioid painkillers, Northwell Health researchers report. The results of the study, “Older Adults’ Use of Medical Marijuana for Chronic Pain: A Multisite Community-Based Survey,” […]

Posted inRegional, The M Files

Commentary: Is CEQA sine qua non for changes to cannabis cultivation ordinance in Nevada County?

NEVADA CITY, Calif. April 30, 2018 – The Nevada County Board of Supervisors (BOS) will hold another special meeting tomorrow, May 1st, to discuss changes to the Cannabis Cultivation Ordinance. CEQA, the California Environmental Quality Act, looms large in the discussion. But, is a full Environmental Impact Report (EIR) and CEQA analysis necessary to make […]

Posted inThe M Files, US

Schumer Announces Support For Decriminalizing Marijuana At Federal Level

April 20, 2018 – Senate Democratic Leader Chuck Schumer (D-NY) today announced his support – for the first time – for decriminalizing marijuana at the federal level, as well as plans to introduce new legislation in the United States Senate to do so. Specifically, Leader Schumer’s legislation would remove marijuana from the list of scheduled […]

Posted inCalifornia, The M Files

New Federal Spending Bill Maintains Protections For Medical Marijuana

Washington, DC, March 22, 2018 –  In a blow to Attorney General Jeff Sessions anti-marijuana agenda, Congressional leadership included in the omnibus spending package language that was introduced by Senator Patrick Leahy (D-VT) to prohibit the Department of Justice and its affiliated agencies from prosecuting state-lawful and compliant medical marijuana systems, businesses, and patients. “We […]

Posted inRegional, The M Files

Cannabis Conversation: Cannabis Taxation for Nevada County

February 26, 2018 – Last week the Board of Supervisors adopted their 2018 Board Objectives which included an objective to “Continue to develop long term County cannabis regulations and explore a cannabis revenue measure for the November Ballot.” In addition, the Board provided initial direction to County Counsel to begin drafting a revised cannabis ordinance, which […]

Posted inCalifornia, The M Files

First surety bond program for cannabis industry approved by,insurance commissioner

SACRAMENTO, Calif. Feb. 22, 2018 – Insurance Commissioner Dave Jones announced he has approved the first surety bond program for the cannabis industry in the State of California. Continental Heritage Insurance Company is the first insurer in the state to be approved to offer surety bonds for the cannabis industry. “Cannabis businesses should have insurance […]

Posted inThe M Files

Study debunks claim that medical marijuana laws increase recreational pot use for US teens

Feb. 22, 2018 – Legalizing medical marijuana has not increased recreational use of the substance among U.S. adolescents, according to a new study conducted at Columbia University’s Mailman School of Public Health. The findings are published online in the journal Addiction. “For now, there appears to be no basis for the argument that legalizing medical […]

Posted inRegional, The M Files

Cannabis Conversation: Board to Discuss New Cannabis Ordinance

February 9, 2018 – At Tuesday’s February 13th Board of Supervisor’s meeting, the Board is scheduled to discuss cannabis policy areas for the County’s long-term cannabis ordinance. This will be the Board’s first cannabis discussion since the January 9th joint Board/Community Advisory Group (CAG) meeting where the CAG recommendations were presented and the CAG process […]

Posted inCalifornia, The M Files

California Growers Association Files Lawsuit to Close Loophole in Cultivation Regulations

Sacramento January 23, 2018 – Today the California Growers Association, a California Non-Profit Mutual Benefit Corporation and the largest cannabis trade association in the state, filed a lawsuit challenging the California Department of Food and Agriculture’s decision to allow unlimited stacking of cultivation licenses. Proposition 64 was clear that it “ensures the nonmedical marijuana industry […]

Posted inThe M Files, US

Re-criminalizing cannabis is worse than 1930s ‘reefer madness’

Miriam Boeri, Bentley University This article has been updated to clarify that ‘Reefer Madness’ is a film, not a documentary. January 18, 2018 – In the 1930s, parents across the U.S. were panicked. A new film, “Reefer Madness,” suggested that evil marijuana dealers lurked in public schools, waiting to entice their children into a life […]

Posted inCalifornia, The M Files

AG Becerra Urges Congress to Incorporate $6.7 Billion Cannabis Industry into Banking System

SACRAMENTO, Jan. 16, 2018 – Attorney General Xavier Becerra today joined a bipartisan group of 18 state attorneys general in urging Congress to advance legislation that will enable the cannabis industry to participate in the banking system in states that have legalized medicinal or adult use of cannabis. The recent decision by the Trump Department of Justice to rescind prior federal guidance rolled […]

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