Forecast for 2018 marijuana sales reduced for second time, Research firm cites new regulations that have hit the industry New state rules are killing the buzz on California’s cannabis sales. Legal pot that was once expected to generate $3.7 billion in revenue this year now is forecast to total just $2.9 billion, Greg Shoenfeld, vice president […]
Alex Traverso
California threatens Weedmaps over promotion of illegal cannabis shops
California’s cannabis czar issued a cease and desist order to Weedmaps, directing the Irvine internet company that maps marijuana dispensaries to immediately stop promoting businesses that don’t have state licenses. “You are aiding and abetting in violation of state cannabis laws,” states the letter from Lori Ajax, chief of the Bureau of Cannabis Control. If […]
