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Recent Stories - Marijuana

California lawmakers nix temporary marijuana tax cut

May 17, 2019

SACRAMENTO, Calif. — An effort to jumpstart California’s licensed marijuana retailers failed to clear a key legislative committee on Thursday, likely dooming its prospects for the year as the country’s largest legal cannabis industry continues...

California pot market not traced or tracked as promised

May 8, 2019

LOS ANGELES — When California voters broadly legalized marijuana, they were promised that a vast computer platform would closely monitor products moving through the new market. But 16 months after sales kicked in, the system...

California bill encourages banks to work with pot businesses

April 23, 2019

LOS ANGELES — California legislators considered a plan Monday intended to encourage more banks to do business with marijuana companies that have been frozen out of thousands of financial institutions. Most Americans live in states...

California Senate approves fix for pot licensing snag

April 4, 2019

LOS ANGELES — The California Senate on Thursday moved to close a licensing gap for state marijuana growers, the latest problem to bedevil the shaky legal marketplace. Scores of cannabis cultivators have seen their temporary...

Poll: Support rises in all age groups for legal pot

March 20, 2019

LOS ANGELES — A growing majority of Americans say marijuana should be legal, underscoring a national shift as more states embrace cannabis for medical or recreational use. Support for legal marijuana hit 61 percent in...

California lawmakers seek tax cuts for sluggish pot industry

January 28, 2019

SAN FRANCISCO — A group of Democratic state lawmakers and one Republican colleague on Monday proposed slashing taxes to jump-start California’s sluggish legal marijuana marketplace. Democratic Assemblyman Rob Bonta of Oakland, Democratic state Treasurer Fiona...