LA addressing medical marijuana mixed message on tax collection

Some medical pot shops in the city are still allowed to operate due to exceptions in Proposition D, but finance officials said they are unequipped to determine whether a medical marijuana dispensary is in compliance and must leave the potentially complex legal question to be sorted out by city attorneys. City leaders said collecting taxes […]

Investors Can Now Buy Shares Of A Marijuana Dispensary – Forbes

The first publicly traded marijuana dispensary stock is TerraTech as it acquires Blum Oakland, a California dispensary. Investors can now buy shares in the first publicly traded marijuana dispensary that handles the product from cultivation to storefront. TerraTech, an agriculture company with a focus on cannabis has acquired Black Oak Gallery, known as Blüm Oakland, a retail […]

Glitch in new marijuana law has some California cities scrambling – San Francisco Chronicle

California’s new medical marijuana laws were supposed to provide more structure and clarity for the state’s loosely regulated, billion-dollar industry, but in the past few weeks, dozens of municipalities have ignored that intention by moving quickly to ban delivery and other activities codified by the legislation. Advocates and legislators hope the bans are only a […]