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Will California weed growers survive legal marijuana? - VICE News

Google - Cannabis - Tue, 01/02/2018 - 17:36

VICE News

Will California weed growers survive legal marijuana?
VICE News
After a phase-in period of six months, which kicked off January 1, any weed sold on California's legal market will have test clean for residues of 66 pesticides — listed by the new Bureau of Cannabis Control. The strict rules are designed to make weed ...

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Medical marijuana sales surge at Aurora ahead of recreational pot legalization - Financial Post

Google - Cannabis - Tue, 01/02/2018 - 15:22

Financial Post

Medical marijuana sales surge at Aurora ahead of recreational pot legalization
Financial Post
The already-legal medical marijuana market is providing brisk business for Canadian cannabis companies as they await the end of prohibition on recreational pot later this year. Alberta-based Aurora Cannabis Inc., one of Canada's largest licensed ...
Canada's cannabis players brace for dose of realityThe Globe and Mail
Cannabis Investors: Why Now May Be a Good Time to Play With the House's MoneyYahoo News Canada (blog)
Aurora Cannabis posts record November revenue, stock up - ReutersReuters
The Guardian -Canada NewsWire (press release)
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More Banks Are Welcoming Marijuana Businesses, Federal Data ... - Forbes

Google - Cannabis - Tue, 01/02/2018 - 15:00

Forbes

More Banks Are Welcoming Marijuana Businesses, Federal Data ...
Forbes
New federal data shows a steady increase in the number of banks that are willing to open accounts for marijuana businesses even as Attorney General Jeff Sessions signals that a cannabis crackdown could be in the works.
Big Week For Marijuana In State CapitolsMarijuana Moment
Marijuana Legalization 2018: Which States Might Consider ...Newsweek
Will Michigan Legalize Marijuana In 2018? A Vote Is LikelyCBS Detroit

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Canadian pot stocks start 2018 with a bang amid California legalization - Financial Post

Google - Cannabis - Tue, 01/02/2018 - 12:28

Financial Post

Canadian pot stocks start 2018 with a bang amid California legalization
Financial Post
Long line ups to buy marijuana in California and a new ETF sent Canadian pot stocks roaring into the new year. THC BioMed International Ltd. surged 70 per cent intraday and CannaRoyalty Corp. jumped 27 per cent at 2:38 p.m. in Toronto on Tuesday ...

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More pets are being sickened by marijuana, vets warn | CTV News - CTV News

Google - Cannabis - Tue, 01/02/2018 - 11:51

CTV News

More pets are being sickened by marijuana, vets warn | CTV News
CTV News
Veterinarians say they're seeing an increasing number of dogs sickened after ingesting marijuana, and are warning pet owners to take care as Canada prepares for cannabis legalization this year.
Increasing numbers of pets are being sickened by marijuana, veterinarians warnGlobalnews.ca

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How Legal Marijuana Will Change California in 2018

Alternet - Tue, 01/02/2018 - 10:36
Golden State smokers can expect higher-quality, and more expensive, weed.

When I first moved from New York City to San Francisco, I was captivated by the polarities between the two cities. New York City buildings were black and grey; San Francisco’s exploded with color. New York City’s produce selection in the winter was disgraceful; San Francisco had fresh avocados. New York City’s streets smelled like cigarettes; San Francisco’s smelled like weed.

Marijuana’s distinguishable presence in California is hard to miss, especially in San Francisco, even for the greenest tourist. The state has been known for decades for its laissez-faire attitude towards the herb. People smoke it indoors; outside on the streets; they eat it at dinner parties; toke up in the outdoor areas of bars; and it can be bought for just five dollars a joint in San Francisco’s Dolores Park.

Weed has been legal since voters passed proposition 64 in 2016, but you couldn't formally buy it in a store the way one might buy liquor (without a medical card, at least). That all changes starting on midnight at January 1, and as a California resident, I can’t help but wonder: how will this change the state I live in? Will weed cafés suddenly be everywhere, à la Amsterdam? Will tech workers at startups have marijuana dispensers alongside kegerators in their “non-traditional” offices?

Derek Peterson, the CEO of Terra Tech, a cannabis-focused agriculture company which is also the first publicly traded company to be associated with marijuana, thinks it will be a gradual integration into California culture.

"For 2018, it will be a year of adapting to the regulations; you won't see big enforcement until 2019. There will always be black market consumers, but as they become more educated, they will naturally rise to the regulated market,” he told Salon.

How California Got Here

First, a brief overview of the legalization situation: On Nov. 8, 2016, Californians voted to pass the Adult Use of Marijuana Act, also referred to as Proposition 64, allowing adults 21 and older to legally possess one ounce of weed. Californians can also have up to six plants in their home. This will take effect on Jan. 1. California will join Oregon, Colorado, Nevada, Alaska, Washington, and Washington, D.C., in the cohort of states that have legalized recreational weed.

Marijuana first started making its way into the state’s legislature in 1996 when voters passed Proposition 215, which legalized medical marijuana. California was the first state in the U.S. to do this, paving the way for medical marijuana use in other states. In 2010, the California Senate passed bill 1449 which made possession of 28.5 grams of marijuana an infraction punishable by fine less than $100. Opponents called this move a “virtual legalization.” In 2015, California underwent a major overhaul in the Medical Cannabis Regulation and Safety Act. Alas, here we are today.

California State Revenue

Legalizing marijuana could possibly be a regulatory mess for the state and its infrastructure, but that could be a small price to pay for the revenue legal weed could bring to the state. According to cannabis financial analysis firm GreenWave Advisors, the legalization of marijuana could be worth over $5 billion in its first year. The state of California will have a 15 percent tax on marijuana; cities can add freely to this. It’s unclear what the predicted tax revenue from recreational legal pot will be, but if Colorado has set any precedent, it’s clear that it can indeed bring a substantial amount. In July, Colorado hit a milestone of bringing in nearly $200 million in 2016, which it has reportedly spent on schools.

A New Stream of Tourism

Perhaps what some in the cannabis industry are most excited about is what legalization will mean for California as a tourist hub for cannabis. According to a forecasting report by the University of California Agricultural Issues Center, there are more than 260 millions visits to California each year that bring more than $122 billion to the state. It’s estimated that tourists spend $7.2 billion on wine in California—some think the cost of legal cannabis use could reach similar heights.

“Like Napa is for wine, the Emerald Triangle will create something like that,” Leslie Bocskor of Electrum Partners, who has advised policy makers in various states that have legalized marijuana, told Salon. “People can visit the groves, the farms, see how it’s grown and processed, and it will be all be in beautiful Northern California.”

What About Smoking & Driving?

Driving under the influence of marijuana will still be illegal because it’s a drug, and driving under the influence of drugs has always been a crime, a spokesperson from the San Francisco Police Department confirmed to Salon. According to Vehicle Code 23152(e): "It is unlawful for a person who is under the influence of any drug to drive a vehicle."

Additionally, Californians shouldn’t expect to see new measures to screen for marijuana use while driving.

“There are specific officers trained in recognizing drivers who may be operating under the influence of drugs, called Drug Recognition Experts (DREs). These officers attend specialized training in order to have this certification and are called to respond to a scene where officers believe a driver may be under the influence of drugs,” Officer Grace Gatpandan told Salon in an email.

The Quality of California’s Weed

“California weed” means top-of-the-line pot across state borders. The Emerald Triangle, which is the largest cannabis-producing region in the U.S., is known for growing high-quality cannabis. However, under the new regulations, legalized weed could be even higher quality. The new regulations prohibit types of pesticides that can be unhealthy when smoked, which will ensure legal weed is the real stuff. The black market will likely have more chemical-filled bud.

So, Where Can You Buy It?

Just because marijuana is officially legal on Jan. 1 doesn’t mean your local corner store is going to start selling it. Businesses need to apply for a license through the California Department of Public Health. California growers must apply through the California Department of Food & Agriculture. Only a couple dozen shops have reportedly received licenses and will be ready to open on Jan. 1, and those are mostly in Oakland, San Diego, Berkeley and San Jose. Licenses are subject to municipality laws too.

What About Those Convicted of Marijuana-Related Offenses?

The same proposition that has legalized marijuana has also cut penalties for many marijuana-related offenses, and anyone who is currently incarcerated, on probation, on parole, or under community supervision could petition to have a sentence reduced or a charge reduced to a misdemeanor. Advocacy group Drug Policy Alliance has a whole guide about it here.

Medical Marijuana Cards

One interesting part of legalization will be observing how it affects the medical marijuana business, and the dispensaries that support those with medical marijuana cards. The Green Cross, a medical cannabis dispensary in San Francisco, said it will continue to serve high-quality and “affordable” weed to its patients, and all adults once the City of San Francisco allows them to purchase it.

“We're glad that the new state laws will require all cannabis to be lab-tested for safety, as we've been doing for years. We're also happy the new city laws will permit our non-retail vendors, and incentivize participation in this newly-regulated market-segment by people who have been arrested, reversing part of the Drug War's structural racism,” Kevin Reed, founder and the president of the Green Cross, told Salon.

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Britain's cannabis dogma defies common sense and ensures only bad policy - Telegraph.co.uk

Google - Cannabis - Tue, 01/02/2018 - 10:29

Telegraph.co.uk

Britain's cannabis dogma defies common sense and ensures only bad policy
Telegraph.co.uk
There was great hilarity in the Johnston household on Christmas Day when the oldest member of our festive family gathering received an unlikely present: cannabis. Before the Met Police send their drugs squad round to confiscate the spliffs, I hasten to ...

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Dogs overdosing on marijuana, veterinarian warns - Nova Scotia ... - CBC.ca

Google - Cannabis - Tue, 01/02/2018 - 08:12

CBC.ca

Dogs overdosing on marijuana, veterinarian warns - Nova Scotia ...
CBC.ca
With legalized marijuana on the horizon, a Nova Scotia vet says he's seeing an increase in dogs overdosing on pot, even as interest grows in treating pets with cannabis oil.

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Federal government targets black – and grey – markets with legal cannabis - The Globe and Mail

Google - Cannabis - Tue, 01/02/2018 - 02:04

The Globe and Mail

Federal government targets black – and grey – markets with legal cannabis
The Globe and Mail
In a joint interview, federal Health Minister Ginette Petitpas Taylor and her parliamentary secretary, former Toronto police chief Bill Blair, said the new regime for legal marijuana will vary by province, as different rules are being put in place for ...

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OH: Looking back, and ahead: Highlights of September-December 2017 - Wilmington News Journal

Bot - Cannabis - Tue, 01/02/2018 - 00:51
wnewsj.com (US) Clinton County got a big step closer to being the home of one of Ohio's first medicinal marijuana growers when the state announced it had chosen its first 11 growers for its medical marijuana program,... (Tue Jan 02 18:51:48 2018 PST)
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OH: Youngstown news, Poland village welcomes three new council members

Bot - Cannabis - Tue, 01/02/2018 - 00:49
vindy.com Get a pencil: California's marijuana-trackin... (Tue Jan 02 18:49:36 2018 PST)
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FL: Camping World Stadium Calendar and Information - WMMO Events Events - Events - WMMO

Bot - Cannabis - Tue, 01/02/2018 - 00:35
events.wmmo.com (US) [ ...] ... (Tue Jan 02 19:35:19 2018 PST)
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FL: John and Leslye - Magic 107.7 - Orlando

Bot - Cannabis - Tue, 01/02/2018 - 00:34
FL: John & Leslye - Magic 107.7 - Orlando (US) The Eagles with Jimmy Buffett and the Coral Reefer Band ... (Tue Jan 02 19:34:27 2018 PST)
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FL: California rolls its own recreational pot sales out for 2018

Bot - Cannabis - Tue, 01/02/2018 - 00:32
mypanhandle.com (US) California rolls its own recreational pot sales out for 2018 Get a pencil: California marijuana-tracking system not used LOS ANGELES (AP) b California's legal pot economy was supposed to operate under the umbrella of a vast computerized system to track marijuana from seed to storefronts. (Tue Jan 02 19:32:08 2018 PST)
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FL: Washington County Authorities Arrest Two in Undercover Drug

Bot - Cannabis - Tue, 01/02/2018 - 00:32
mypanhandle.com (US) The pair is now facing multiple charges including child neglect with great bodily harm and possession of meth. (Tue Jan 02 19:32:08 2018 PST)
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CANADA: Marijuana job prospects welcome in Liverpool - The Chronicle Herald

Bot - Cannabis - Tue, 01/02/2018 - 00:16
thechronicleherald.ca Marijuana job prospects welcome in Liverpool ! The Chronicle Herald Marijuana job prospects welcome in Liverpool Fish urine is the secret sauce that will allow some 50000 cannabis plants to thrive in Liverpool. (Tue Jan 02 02:16:03 2018 PST)
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CANADA: Ashley MacIsaac fiddles with cannabis, country music possibilities - The Chronicle Herald

Bot - Cannabis - Tue, 01/02/2018 - 00:16
thechronicleherald.ca Country music possibilities Musician fiddles with idea of having own cannabis brand Ashley MacIsaac is hoping this time next year Nova Scotians will be smoking his brand of marijuana: MacIsaac Madness and Musical Mellow. (Tue Jan 02 02:16:03 2018 PST)
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CANADA: Greenwood's retrial on murder charges starts Jan. 8 - The Chronicle Herald

Bot - Cannabis - Tue, 01/02/2018 - 00:16
thechronicleherald.ca [ ...] ... (Tue Jan 02 02:16:03 2018 PST)
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CANADA: Truro firm months away from producing medical marijuana - The Chronicle Herald

Bot - Cannabis - Tue, 01/02/2018 - 00:16
thechronicleherald.ca Truro firm months away from producing medical marijuana ! The Chronicle Herald Truro firm months away from producing medical marijuana EDITOR'S NOTE: This story is part of a series on the birth of a new Nova Scotia industry: legal pot cultivation. (Tue Jan 02 02:16:03 2018 PST)
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CANADA: Marijuana job prospects welcome in Liverpool - The Chronicle Herald

Drug News Bot - Tue, 01/02/2018 - 00:16
thechronicleherald.ca Marijuana job prospects welcome in Liverpool ! The Chronicle Herald Marijuana job prospects welcome in Liverpool Fish urine is the secret sauce that will allow some 50000 cannabis plants to thrive in Liverpool. (Tue Jan 02 02:16:03 2018 PST) [$drug_related(100%), $drugwar_propaganda(100%), $propaganda_theme2(50%), $propaganda_theme3(50%), $use_is_abuse(100%), $propaganda_theme4(100%), $illegal_drugs(100%), $plants(100%), $intoxicant(100%), $medical_cannabis(100%), $cannabis(100%), $hashish(100%), $aggrandizement(100%)]
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