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Three in four California cannabis companies aren’t licensed; $100 million might help

Nearly four years after California started regulating its cannabis industry, three in four businesses still operate on provisional licenses. As temporary license holders, 75% of the state’s cannabis industry lacks protections and privileges that come with holding full licenses — a situation that worries some in the business. Those temporary operators also haven’t passed extensive environmental reviews required of full licensing — a fact that concerns environmental groups. Cannabis licensing is slow for a number of reasons, ranging from the sometimes dizzying complexity of California’s environmental rules to conflicting language between state and local cannabis laws to the high costs for permits and a shortage of government workers needed to process the paperwork. Read the rest of this stor...

Yes, there are ‘marijuana mortgages’ for California borrowers

Published: Nov 18, 2021, 3:17 am • Updated: Nov 18, 2021, 3:18 am By Jeff Lazerson Mortgage lenders knowingly and sometimes unwittingly provide residential purchase and refinance loans to tax cheats, money launderers and even straw buyers. How so? Lenders typically face a low bar for income documentation, they don’t look too hard and they don’t ask many tough questions. So, why can’t lenders provide mortgages for legally licensed, self-employed folks in California’s legal marijuana industry? Read the rest of this story on ocregister.com.

Medical marijuana laws in Colorado will be more strict starting Jan. 1. Here’s how.

Colorado will impose stricter rules for the purchase of medical marijuana starting Jan. 1 following several months of deliberation over how to execute a new state law meant largely to limit young people’s access to and abuse of high-potency THC products. The post Medical marijuana laws in Colorado will be more strict starting Jan. 1. Here’s how. appeared first on The Cannabist.

Boston pot warehouse proposal slammed by religious, civic leaders

A group of religious and civic leaders plans to voice their opposition next week  to a proposed marijuana warehouse and courier service in Grove Hall, a neighborhood made up predominantly of people of color. The post Boston pot warehouse proposal slammed by religious, civic leaders appeared first on The Cannabist.

Budding business: Weed jobs success story in tight labor market

Some businesses have trimmed their hours, changed the way they serve customers, or hiked wages and sweetened benefits to entice applicants as the pandemic-influenced job market reshapes itself. Pot businesses are among those keeping a “now hiring” sign in the window, but for different reasons than the restaurants, hotels and retailers scrambling to get back to pre-pandemic staffing levels. The challenges that cannabis companies face in hiring differ, too — too many applications in some cases, striving to meet diversity and local job commitments and overcoming the stigma of what for decades was an illegal industry. Read the rest of this story on BostonHerald.com.

Colorado dispensary offering 1-cent joint deal to voters until Election Day

Election Day is Nov. 2, and while you should vote to have a say in your local democracy, it never hurts to have an incentive. Native Roots Cannabis Co. is offering 1-cent joints to any customer who comes in with an “I Voted” sticker. The deal, which runs through Election Day, is good at any of the company’s 20 dispensaries in Colorado; no additional purchase is necessary. There’s a limit of one joint per customer. While I have you, check out The Denver Post’s comprehensive voter guide to local elections and statewide issues before you go out and light up the ballot box. Read the rest of this story on DenverPost.com.

Massachusetts farmers ‘sidelined’ at Worcester dispensary’s farmer’s market say industry equity programs need work

Farmers who say they have been boxed out of the lucrative cannabis industry due to the high costs of entry were confronted by police as they protested a so-called “Cannabis Farmers Market” event at a Worcester dispensary over the weekend. “Farmers aren’t even getting in the parking lot, let alone sitting at the table,” Westport farmer Averyl Andrade said. Andrade and her husband picketed a so-called “Cannabis Farmer’s Market” event at Worcester pot shop Resinate alongside a mother-daughter farming duo Ominique Garner and Goldie Piff of A.V. Rose Farms in Rochester and about a dozen advocates fed up with the barriers barring them from getting into the businesses. Read the rest of this story on BostonHerald.com.

Broomfield pauses lottery for marijuana licenses after outcry over application process

Broomfield has suspended a lottery it was scheduled to hold this month to award three retail marijuana licenses after the county received “considerable feedback” about who was applying and whether they were playing by the rules. The pause, which the county announced last week, came after Terrapin Care Station sued Broomfield and a number of competing applicants, claiming that several contenders among the 26 who applied used multiple versions of the same corporate name while at least three contenders are directly related to one another. Related Articles Read the rest of this story on DenverPost.com.

Battle for Broomfield’s three marijuana retail licenses spurs accusations, lawsuit

A mad scramble is on in Broomfield to score a trio of coveted licenses to sell recreational marijuana, with 26 applicants jostling for a spot in a city that until now has banned all weed sales. One established cannabis company is crying foul, charging that the lottery system Broomfield will use this month to award the licenses is essentially rigged to raise the odds for some contenders — and the city is doing nothing about it. “They’re allowing various individuals to submit multiple applications into the lottery through various shell companies,” Jordan Factor, attorney for Terrapin Care Station, told The Denver Post. “We’re baffled.” Read the rest of this story on DenverPost.com.

Aurora reverses itself on pot hospitality measure when second vote comes up short

Aurora appeared to extinguish the idea this week of being the among the first cities in Colorado to allow people to light up a joint in smoking lounges, tasting rooms and rolling weed buses, with the City Council narrowly rejecting new pot hospitality rules it had embraced just three weeks earlier. The measure went down Monday night on a 5-5 tie, which by city rules means an ordinance fails. Mayor Mike Coffman, who is only allowed to vote to create or break a tie, cast the tying vote. Due to the tie, it must go before the council a third time — Sept. 27 — giving it one last opportunity to pass should any council member change their mind. Councilwoman Marsha Berzins was the flip vote on Monday, having initially supported the measure Aug. 23 when it passed 6-3. Read the rest of this story on...

Marijuana tourism is evolving in Aurora and Denver with legal tour buses, lounges

Published: Aug 26, 2021, 6:29 am • Updated: Aug 26, 2021, 6:32 am By John Aguilar Aurora flung open the doors on the next — and perhaps final — frontier in the world of legal cannabis in Colorado, giving initial approval this week for smoking lounges, tasting rooms and tour buses filled with stoned customers. “I see this as a game-changer for the industry,” said Victoria Osler, an Aurora entrepreneur who plans to roll out a “party bus” called Dreamy Illusions, complete with a stripper pole, thumping music, strobe lights and, of course, mobile consumption. “You will be able to consume cannabis on the party bus,” she said. Read the rest of this story on DenverPost.com.

This weed vape pen may be the only one you’ll ever want, but not the only one you’ll ever need

Editor’s note: Each week in Staff Favorites, we offer our opinions on the best that Colorado has to offer for dining, shopping, entertainment, outdoor activities and more. (We’ll also let you in on some hidden gems). Of all the myriad ways to consume cannabis, my favorite is smoking a vape pen. It wasn’t always. As someone who just moved to Colorado in late 2019, I didn’t have a robust selection of products to choose from in my prior years as a recreational smoker. And while I once thought I’d never grow out of the nostalgia of loading a bowl of flower, vaporizers give me the consistent experience I’m looking for without the need for a lighter or other equipment. Read the rest of this story on DenverPost.com.