CVIndependent

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Last updateFri, 16 Sep 2016 12pm

Cannabis in the CV

16 Jun 2016
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While Desert Pot Springs is garnering national attention with its charge into the cannabis industry, the other end of the valley is starting to steal a little of that green spotlight: Irvine-based Cultivation Technologies has plans to open an 88,000-square-foot cannabis-production compound in Coachella. “We saw an opportunity in the city of Coachella—an agricultural community desperately in need of economic development,” said Justin Beck, the president of Cultivation Technologies, to the OC Weekly. “After much discussion, the city said they wanted to participate, but essentially didn’t know where to start. So we helped them create an ordinance that fully aligns with (California’s Medical Marijuana Regulation and Safety Act, three bills which became law last year) in advance of its final implementation. We now have six acres of real estate in Coachella that we’re dedicating to the legal cultivation of marijuana for our Coachella-branded cannabis.” Yes, Cultivation Technologies is naming its…
17 May 2016
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Cannabis legalization is sweeping the nation quickly by American standards, and industry growth has been rapid in states where cannabis has been legally accepted in one way or another. The cannabis industry is projected to reach $44 billion per year in revenue by 2025. State budgets are being balanced in part due to tax revenues from the cannabis industry. Jobs are getting created locally, and potential marijuana businesses are looking with hope toward each state-legalization initiative on the horizon. But even as states line up to reap the financial rewards of legalization, the continuing federal ban on marijuana may leave American startups scrambling to find the investment dollars needed once they get the green light on a state level. One prime example of how federal foot-dragging on cannabis-law reform is inhibiting industry growth is Section 280E of the U.S. tax code. It prohibits the deduction of expenses related to controlled…
18 Apr 2016
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Boy, this has been an ugly election cycle. The candidates and their supporters have been dragging some pretty dark parts of our society into the spotlight, and it has not been pretty. But for me, there is at least one shining green light to be seen: Both parties appear ready to be getting ready to accept cannabis into our “legitimate” society in one form or another—although there are still some fairly stark differences in their stances. So, with the California primary coming up in June, let’s look at where the remaining presidential candidates stand on cannabis. The Red Team A Republican administration is generally viewed as a setback to the legalization movement. But even the Red Team is getting on board with a wider acceptance of cannabis. GOP front-runner Donald Trump is typically vague regarding marijuana, and has changed his publicly stated views on legalization several times over the years.…
18 Mar 2016
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Earlier this month, the 2016 Marijuana Business Factbook estimated the retail cannabis market would more than triple by 2010—becoming a $44 billion industry. That will amount to a huge economic boost to the states that are legalizing weed. But which states will collect on the green rush first? And how will this all go down here in California? Here's a look at what legalization may look like here in the Golden State, along with a breakdown of the states that are pretty much slam dunks to legalize this year. California was first to legalize marijuana for medicinal use in 1996, when voters said yes to Proposition 215. Now, 20 years later, voters may very well legalize the recreational use of cannabis for adults. There are more than a dozen initiatives vying for the attention of California voters, but the one expected to get the job done is the Adult Use…
17 Feb 2016
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The Internet and social media have, in many ways, broadened communication and given us all other venues for self-expression—but the stigma still attached to cannabis can hamper a marijuana enthusiast’s online activity. Case in point: Facebook has long had a ban on cannabis advertising—and as of Feb. 6, began shutting down dispensary pages. Pot-smokers have often thought of themselves as their own society, so why shouldn’t we have our own social media? Here are a few apps that have answered that question with: “We agree! Here you go!” Weedmaps www.weedwaps.com; IOS, Android Weedmaps got into the cannabis social-media game early, and has been the go-to solution for smokers to find cannabis, and for dispensaries to promote their wares. Users can also post reviews of dispensaries. Basically, it’s like Yelp for cannabis. The app/website lists thousands of dispensaries across the country. The app and the website both offer geolocation services to…

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