capitalism

California: billions seen from cannabis boom —amid dissent

Posted on October 18th, 2016 by Bill Weinberg and tagged , , , , , , , , .

CaliforniaAs Californians prepare to vote on a cannabis legalization initiative, bullish predictions mount of an imminent windfall. The state capital region alone could reap 20,000 jobs and generate $4.2 billion in business if it becomes a hub for a legal cannabis industry, according to a new study by the University of the Pacific in Stockton. Reuters reports Oct. 17 that the study was commissioned by cannabis investment firm Truth Enterprises. "The Sacramento region should be to cannabis what Detroit is to automobiles in terms of both a center of innovation as well as production," said Truth Enterprises partner Daniel Conway. "This region has the ability to be to cannabis what Sonoma and Napa are to wine." Conway is certainly confident. He just left his job as chief of staff to Sacramento mayor (and former NBA star) Kevin Johnson to pursue his future in the cannabis sector.

California controversy over commercial cannabis grow licenses

Posted on October 17th, 2016 by Global Ganja Report and tagged , , , , , , , , .

CaliforniaMany rural California communities have high expectations over the prospect of commercial cannabis cultivation, officially licensed by local authorities under provisions of the Medical Cannabis Regulation and Safety Act (MMRCA), which was passed by Sacramento last year. Humbold County issued its first commercial cultivation licenses this summer. Now a less likely entry, Kern County in the conservative southern end of the Central Valley, has seen its first licenses. These were issued by the municipality of California City, where officials expressed some surprise at their own actions. "It's a new industry for us. It kind of came and dropped in our laps," city manager Tom Weil told Bakersfield's KBAK. "It's not something we were looking for."

UK government acknowledges medical value of cannabinoid

Posted on October 13th, 2016 by Global Ganja Report and tagged , , , , , , , .

medical marijuana The British government's Medicines & Healthcare Regulatory Agency (MHRA) on Oct. 11 issued a finding that cannabidiol (CBD) has a "restoring, correcting or modifying" effect on "physiological functions." The Independent calls the move "a potential milestone in the campaign to legalise cannabis and bring about evidence-based laws regarding drugs."  The review of CBD, a non-psychoactive cannabinoid increasingly studied for its therapeutic value, was undertaken following discussions with MediPen, a London-based company that seeks to market a CBD vaporizer.

Flagship Oakland dispensary marks 10 years

Posted on October 6th, 2016 by Bill Weinberg and tagged , , , , , , .

OaklandOakland's KTVU  on Oct. 5 noted a miltestone for the East Bay city: exactly 10 years of operation for Harborside Health Center, the foremost "pioneering enterprise" in California's cannabis industry. "The world's attitude towards cannabis has shifted massively in the course of the 10 years that Harborside has been open," box-store dispensary founder Steve DeAngelo told the station, noting legalization of recreational use in four states and the District of Columbia. "So we have seen really a massive, tectonic shift in attitudes towards cannabis." KTVU hails Harborside as "a solid, respected business with 200 employees and contractors, serving 200,000 patients."

Biggest prison strike in US history —amid media blackout

Posted on September 23rd, 2016 by Global Ganja Report and tagged , , , , , , , , , , , .

prisonAmid a shameful paucity of media coverage, inmates at facilities in several states have organized work stoppages following a call for a nationwide prison strike to begin on Sept. 9—the anniversary of the 1971 Attica prison uprising. Organizers say inmates in at least 29 prisons in 12 states have launched strikes, with an unprecedented more than 24,000 prisoners participating. "This is a call to end slavery," reads the official call for the strike, issued by the Incarcerated Workers Organizing Committee. "They cannot run these facilities without us." While there have been prison strikes before—two earlier this year, in Texas and Alabama—this marks the first one to be nationally coordinated. Prisoners are using social media and smuggled cell phones to organize the national strike.

Justice Department to end use of private prisons

Posted on August 19th, 2016 by Bill Weinberg and tagged , , .

prisonThe US Department of Justice (DoJ) announced plans Aug. 18 to phase out its use of private prisons. Deputy Attorney General Sally Yates issued the decision in a memo instructing officials to either decline to renew contracts for private prison operators or to "substantially reduce" the contracts' scope. The goal, Yates stated, is "reducing—and ultimately ending—our use of privately operated prisons. They simply do not provide the same level of correctional services, programs, and resources; they do not save substantially on costs; and as noted in a recent report by the Department's Office of Inspector General, they do not maintain the same level of safety and security."

WikiLeaks reveals: alcohol industry promotes Congressional concern for cannabis

Posted on August 2nd, 2016 by Bill Weinberg and tagged , , , , , , , .

Shadow WatchIs the alcohol industry spending money to get members of Congress to pay attention to the problem of "marijuana-impaired driving"? That's the case made on the cannabis industry website Marijuana.com, where a blogger seems to have assiduously searched the famous WikiLeaks dump of DNC e-mails for any reference to our favorite herb. What they found was in the May 24, 2016 edition of Huddle, a daily e-newsletter for Capitol Hill insiders produced by the Politico website. That issue included a paid advertisement from the Wine & Spirits Wholesalers of America (WSWA), which read in part:

Humboldt County approves first commercial cannabis farms

Posted on July 28th, 2016 by Global Ganja Report and tagged , , , , , , , .

CaliforniaNorthern California's traditional cannabis heartland of Humboldt County this summer gave an official go-ahead for two commercial medical marijuana farms, the Eureka Times-Standard reports. The two operations are Honeydew Farms, a seven-acre outdoor grow in the town of Honeydew, and a quarter-acre "mixed-light" farm run by Blessed Coast LLC in Carlotta. These are the first such enterprises in the county, "marking the beginning of a new era for the industry."

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