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Marijuana Real Estate in California

Marijuana Real Estate in California Poised for Growth, Along with Rest of Cannabis Industry

Jan 1, 2017

All things considered, 2016 was an excellent year for those in favour of legalizing marijuana. Four new states approved various recreational-usage initiatives, and 28 states in total, along with Washington D.C., have now legalized medical usage of cannabis. Marijuana real estate in California is rapidly increasing in value as a result; despite laws permitting medical

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Lending Money to Pot Businesses is a High Risk Move: ‘This is Not For the Faint of Heart’ – Los Angeles Times

Dec 19, 2016

Los Angeles Times Lending money to pot businesses is a high-risk move: ‘This is not for the faint of heart’Los Angeles TimesViewed optimistically, it looks like Kyle Kazan’s investment fund got an unbelievable deal when it loaned $2 million to Bud and Bloom. Terms call for the recently opened Santa Ana marijuana dispensary to pay

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Southeast L.A. City Wants to Become a Center of Marijuana Production

Dec 12, 2016

MedMen in West Hollywood Gustavo Turner/L.A. Weekly THURSDAY, DECEMBER 8, 2016 AT 8:07 A.M. BY DENNIS ROMERO Cannabis can be legally sold by medical marijuana dispensaries in cities that allow it. But the weed that comes in the back door has long been subject to murky regulations, at best — and producers often risk daunting jail time.Under California’s Medical

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Lynwood Council Approves Marijuana Ordinance – Los Angeles Wave

Dec 9, 2016

Lynwood council approves marijuana ordinance – Wave NewspapersLos Angeles Wave NewspapersLYNWOOD — On a 3-1 vote Dec. 6, the City Council here approved the first reading of an ordinance that would regulate businesses that grow and manufacture …and more » Powered by WPeMatico

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Lynwood moves closer to legalizing commercial cannabis manufacturing

Dec 8, 2016

  The city of Lynwood is close to approving a measure that would allow businesses to grow medical marijuana within city limits. If it gains final passage, the southeast city of 70,000 would be among the first in Los Angeles County to issue such permits. On a 3-1 vote, the City Council on Tuesday approved the first reading of

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Santa Ana marijuana dispensary opens amid glow of Prop. 64, concern over Trump administration

Dec 5, 2016

By BROOKE EDWARDS STAGGS / Staff Writer SANTA ANA – Orange County’s 11th licensed medical marijuana dispensary, Bud and Bloom, opened at an interesting time. Less than two weeks before the Santa Ana shop welcomed its first patient, Californians voted to legalize marijuana for all adults. Though the new rules of Proposition 64 won’t let dispensaries

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CalCann Holdings Hopes to Bring Credibility to Southern California’s MMJ Industry

Dec 2, 2016

By Omar Sacirbey Southern California’s medical cannabis industry is one of the largest in the country, but it’s also one of the most chaotic and controversial given the proliferation of unregulated, unscrupulous dispensaries in the Los Angeles area. CalCann Holdings hopes to change that. The company is looking to help build the region up into a reputable hub for

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High Sales Taxes Could Prove Buzz Kill for Pot

Dec 2, 2016

MARIJUANA: Owners of weed businesses say levies may stoke illegal market.By HENRY MEIER   LA BUSINESS JOURNAL Friday, November 25, 2016 Proposition 64’s backers were not shy about touting the potential $1 billion yearly tax windfall the state Legislative Analyst’s Office said the legalization of recreational pot could bring to California. But those same levies, along with a

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Santa Ana Marijuana Dispensary Opens Amid Glow of Prop. 64, Concern Over Trump Administration – OCRegister

Nov 28, 2016

Santa Ana marijuana dispensary opens amid glow of Prop. 64, concern over Trump administrationOCRegisterCalCann Holdings partners Aaron Herzberg, left, Chris Francy, right, and investor Kyle Kazan, center, have joined forces to open Bud and Bloom in Santa Ana, which caters to upscale medical marijuana clientele. (Photo by Ana Venegas, Orange County … Powered by WPeMatico

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Marijuana movement in California faces questions after Prop. 64, Trump wins

Nov 10, 2016

By BROOKE EDWARDS STAGGS AND WILL HOUSTON / STAFF WRITERS – OC Register California’s 103-year-old prohibition on recreational marijuana is officially at an end, with final results showing Proposition 64 passed with 56 percent of the vote. “This is, I think, the beginning of the end of the war on marijuana in the United States, not just here

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What’s next for U.S. marijuana industry under President Trump?

Nov 10, 2016

By Alicia Wallace, The Cannabist  Election 2016 proved momentous for the marijuana industry. Nine states decided whether to legalize the medical use of marijuana or allow recreational use for adults, and voters in at least seven of them — notably California — supported those moves. Success of the ballot measures were projected to vault cannabis to a $21 billion industry by

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More States Legalize Marijuana, But Will President Trump Allow It?

Nov 10, 2016

By Debra Borchardt, Forbes Ballot measures to legalize recreational marijuana succeeded Tuesday in California, Massachusetts, Nevada and Maine. Medical marijuana has been legalized in North Dakota, Arkansas, Florida and Montana (again). Only Arizona voters said no to their marijuana legislation. Now, the question is, will President Trump allow it? It was generally expected that California

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