There’s a wide range of illegal cannabis shops operating statewide, which affects business activities of cannabis firms that follow the state rules and regulations.
A new Assembly Bill 1417 proposes a crackdown on online advertisements by illegal and unlicensed cannabis businesses on advertising platforms such as Weedmaps.
The objective is to stop the ads of illegal shops that influence the online search results in Los Angeles and other cities.
Each violation will cost a penalty of up to $2500 per day.
The bill is expected to help legal cannabis businesses in California to grow their sales.
According to the owner of La Brea Collective, an LA-based dispensary, Daniel Sosa, Weedmaps.com is taking the customers away from legal marijuana businesses.
For more details, Read at http://bit.ly/2UpQ8EG
Emerging news will come as a breath of fresh air for you.
Well, the latest update is sure to bring a sigh of relief
One of the major challenges for licensed cannabis cultivators has been the expiry of temporary licenses.
The source of the problem is not just limited to this fact; it’s the inability of the state to replace these licenses which eliminates the growers from the legal marketplace.
Quoting the bill, Mike McGuire mentioned that this development would extend almost 7000 temporary licenses till September and will prevent the influx of the cultivators into the shady territory—black market.
The executive director of the California Cannabis Industry Association, Lindsay Robinson added that SB-67 is essential for stabilizing the cannabis industry and is a good way to prevent the impending crisis.
For more details,Read at https://www.onlinemedicalcard.com/blog/california-senate-approves-the-bill-extending-temporary-cannabis-licenses/
