legal marijuana
Could South Lake Tahoe become the Napa Valley of cannabis?
Submitted by paula on Wed, 04/18/2018 - 11:52amCould South Lake Tahoe become the Napa Valley of cannabis? Could a new slogan be "Made in Tahoe, Enjoyed in California?" Or will Tahoe weed be world famous?
These are all possible, and the desire of many entrepreneurs, but the South Lake Tahoe City Council wants regulations around the cannabis industry to be done correctly, and thus slowly, to prevent unseen issues that could arise as they develop the first ordinance for adult use cannabis in South Lake Tahoe.
Still no legal sales of marijuana in 73% of California
Submitted by paula on Mon, 01/01/2018 - 12:10pm
Maybe you want to participate in the historical moment, the day when the nation’s largest producer of cannabis becomes the country’s largest legal marijuana market.
Or maybe you just want to nurse a hangover from New Year’s Eve with a few tokes.
Whatever your reason, if you’re 21 or older, you can legally buy marijuana in Sacramento and other places in California starting Monday. As of Sunday afternoon, seven dispensaries received permits to sell recreational weed in Sacramento, and their owners raced to prepare for the new landscape.
Sticker shock coming with California's new pot market
Submitted by paula on Sun, 11/05/2017 - 12:45pm
California's legal marijuana marketplace is coming with a kaleidoscope of new taxes and fees that could influence where it's grown, how pot cookies and other munchies are produced and the price tag on just about everything.
Be ready for sticker shock.
On a retail level, it costs about $35 to buy a small bag of good quality medical marijuana in Los Angeles, enough to roll five or six joints.
But in 2018, when legal sales take hold and additional taxes kick in, the cost of that same purchase in the new recreational market is expected to increase at the retail counter to $50 or $60.
City of South Lake Tahoe looks at temporary ban of marijuana sales
Submitted by paula on Tue, 08/29/2017 - 11:55pm
There is no need to rush into an ordinance regulating the sale of marijuana in South Lake Tahoe. That was the overwhelming opinion of the SLT City Council Tuesday night after a special, four-hour long Cannabis Workshop.
"We owe it to our community to make sure we take every measure to protect them," said SLT Mayor Austin Sass.
Medical Marijuana regulation measure clears California Assembly
Submitted by paula on Sun, 06/14/2015 - 7:30pm
California took the first step June 5 to regulate its nearly 20-year-old medical marijuana industry, one that lawmakers said currently resembles something out of the “wild, wild West.”
AB266 merges what were two competing bills and attempts to set up state regulations that will pass muster with the federal Department of Justice. It was one of dozens of pieces of legislation advancing through the Legislature Thursday as lawmakers faced a Friday deadline to move bills out of their house of origin.
Colorado’s legal weed market: $700 million in sales last year, $1 billion by 2016
Submitted by paula on Sat, 02/14/2015 - 11:27pm
Legal marijuana was a $700 million dollar industry in Colorado last year, according to a Washington Post analysis of recently-released tax data from the state's Department of Revenue. In 2014, Colorado retailers sold $386 million of medical marijuana and $313 million for purely recreational purposes. The two segments of the market generated $63 million in tax revenue, with an additional $13 million collected in licenses and fees.
