In a series of new orders and regulations, state authorities have eased restrictions on cannabis dispensaries and on restaurants in the booze business to help them weather the financial impact of shelter-in-place orders.
Many local leaders and members of the commercial cannabis community are still optimistic about the November 2018 passage of five ballot measures in El Dorado County that lay the groundwork for a fully legalized and regulated cannabis industry.
SMUD is exploring ways to meet increased energy demands where cannabis cultivation operations are concentrated.
When officials began taxing and regulating cannabis after voters approved it for recreational use, donations to compassionate cannabis programs fell sharply. Now the state is attempting to revive those services for low-income medicinal users.
Luke and Eliza Maroney want to bring more buzz to Sacramento, and not just the kind they sell. They’re spouses and partners in Lucky Box Club, a subscription service delivering curated cannabis products to customers monthly. But they’re out to fuse weed and other concepts too.
From senior discounts to Weed 101 workshops, dispensaries, delivery services and assisted living facilities in the Capital Region are navigating business and policy implications of the spike in interest among seniors.
Cash is king in the cannabis world, and no one likes it that way. Because marijuana remains illegal at the federal level, only a handful of banks will do business with those in the industry in states where cannabis is legal.
For proponents of legal cannabis, Prop. 64 will forever be a landmark. But another ballot measure — Prop. 65, passed 30 years earlier in 1986 — gets almost no attention, although it also affects state government’s approach to cannabis.
The underground market is flourishing in Sacramento and across the state. The BCC and city have promised a crackdown. But there’s disagreement in the industry about whether that’s the right move.
For landlords with the right commercial space, the green premium would seem to be cash-flow heaven.