Lineage To Acquire Harborside’s Iconic California Dispensaries And Cultivation Campus

Lineage to Acquire Harborside’s Iconic California Dispensaries and Cultivation Campus, Creating California’s Premier Vertically Integrated Cannabis Company

 Creating California’s Premier Vertically Integrated Cannabis Company CALIFORNIA: Lineage Grow Company and FLRish, a California corporation d/b/a Harborside, have entered into a binding letter agreement that will result in, among other things, Lineage acquiring all of the issued and outstanding securities of Harborside on a debt free basis in exchange for newly issued common shares of Lineage valued Read the full article…

Green Flower Media Virtual Cannabis Entrepreneur Summit Is May 21-22

Green Flower hosts online entrepreneur summit

CALIFORNIA: Green Flower Media has tapped 30 successful cannabis entrepreneurs, experts, and investors for its Virtual Cannabis Entrepreneur Summit, scheduled to take place online on May 21-22, 2016. Green Flower’s Max Simon expects more than 15,000 people to log into the free seminar, which will be live-streamed to a global audience in real time. Expert Talks include: Read the full article…

California Marijuana Legalization 2015: New Medical Marijuana Law Rankles Top Cannabis Industry Investor

Legislators finally reached a compromise on three bills, which have been sent for final approval to Gov. Jerry Brown, who is expected to sign them into law.

CALIFORNIA: California lawmakers quietly passed Friday the state’s most significant medical-marijuana legislation in almost two decades, but some leaders in the space worry that the law’s good intentions could get lost in the weeds. Paving the way for what supporters say is a much-needed regulatory framework for the state’s multibillion-dollar medical-cannabis industry, the California Senate and Read the full article…

Members Of Congress Stand Up For California Medical Marijuana Dispensary

Three congressional lawmakers from California are accusing the U.S. Department of Justice of overreach in an ongoing crackdown against one of the most well-respected medical marijuana dispensaries in the nation.

CALIFORNIA:  Three congressional lawmakers from California are accusing the U.S. Department of Justice of overreach in an ongoing crackdown against Harborside Health Center, widely considered to be the largest and one of the most well-respected medical marijuana dispensaries in the nation. “We believe DOJ has overstepped its bounds in the Harborside case,” Reps. Dana Rohrabacher (R), Sam Read the full article…

Marijuana Investors Commit More Than $1 Million After Denver Meeting

22 companies — including four that are directly involved in marijuana sales or cultivation, a first for the group — made pitches to ArcView members on Tuesday. Dayton said those pitches ranged from requests of $100,000 to one for $24 million.

COLORADO:  Denver meeting of a marijuana industry investment group resulted in more than $1 million in new money being pumped into cannabis businesses, the group announced Wednesday.

Marijuana Investors Commit More Than $1 Million After Denver Meeting

COLORADO:  Denver meeting of a marijuana industry investment group resulted in more than $1 million in new money being pumped into cannabis businesses, the group announced Wednesday.

DEA anti-marijuana order might provoke new wave of drug violence

The US Drug Enforcement Administration (DEA) is under attack in Congress as it tries to stem the tide against Marijuana legalization.

DISTRICT OF COLUMBIA: Even though some US states have legalized marijuana for medical or recreational use, the Drug Enforcement Administration has ordered all security and armored vehicle companies to stop servicing legal cannabis dispensaries.

Marijuana Entrepreneurs Line Up to Cash In

WASHINGTON: Jim Willett has never smoked pot. His teenage sons think he’s a square. A former Navy pilot, Willett spent a year flying drug interdiction patrols along the Washington coast, checking for ships carrying bales of marijuana. For the graying retiree, voting against the state’s legalization of recreational weed last fall was pretty much a given.

Marijuana Entrepreneurs Line Up to Cash In

Jim Willett, photographed at his home in Woodinville, is investing in “everything but the [marijuana] plant.”

WASHINGTON: Jim Willett has never smoked pot. His teenage sons think he’s a square. A former Navy pilot, Willett spent a year flying drug interdiction patrols along the Washington coast, checking for ships carrying bales of marijuana. For the graying retiree, voting against the state’s legalization of recreational weed last fall was pretty much a given.

Medical Marijuana Advocate Slams Eric Holder's Speech: 'How Dare He'

Despite early promises to leave pot legislation and regulation to individual states, President Barack Obama's Justice Department began aggressively cracking down on California's cannabis operations in late 2011. Since then, hundreds of businesses have been forced to close and thousands of jobs have been lost.

CALIFORNIA: Attorney General Eric Holder’s call for “sweeping” changes to the way the Justice Department handles drug offenses Monday drew praise from lawmakers and civil rights activists. But not all advocates were satisfied.