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Reasons You Can Expect to See High Wholesale Prices on All Cali Cannabis Well into 2020

There are many reasons why we think that wholesale prices for cannabis will continue trending upward well into 2020. Is this a good thing? Well, that probably depends on who you ask. Growers making more money is a good thing. But what if it comes with higher risk as well? Consumers are already shunning dispensaries due to high retail prices, so those can’t really go higher to make up for the higher wholesale prices, which is cool but it could cut into the margins of the dispensaries. $100 wholesale pounds sound like a surefire way to keep any discerning cannabis consumer far, far away from any regulated outlet. Lower the taxes at all links along the supply chain and lower the costly barriers of entry that currently keep so many legacy operators from entering the industry and maybe, just maybe, Cali can begin to live up to its potential as the largest legal cannabis marketplace on the planet.

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Nation’s Largest Ag Producer Won’t Legalize Cannabis Farmer’s Markets Anytime Soon

Some industry experts believe that because this bill died in its committee for the rest of the year, hundreds of small to medium-sized craft cannabis growers will be put completely out of business over the course of the next 12 months. That’s great news if you are a large-scale commercial boof-wrangler trying to smother the California cannabis industry, but its terrible news for the rest of us.

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Unfortunately, Prop 64 is Probably Going Exactly According to Plan

So here we are.

July 1st has come and gone and a new era has dawned in the California cannabis industry. And don’t get it twisted, it absolutely is an industry and Prop64 and the resulting Bureau of Cannabis Control have ensured that, like in any industry, it is becoming nearly impossible to survive as a small to medium sized entrepreneur.

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CBD Treatment Approved by FDA Could Carry Cannabis to Rescheduling

The FDA’s Center for Drug Evaluation and Research has approved the legal use of CBD for patients ages 2 and up who suffer from very specific conditions: Dravet Syndrome (DS) and Lennox-Gastaut Syndrome (LGS), two severe forms of childhood-onset epilepsy. With so much public support in the US for cannabis legalization – not just CBD legalization – the time is right for a major overhaul.

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Here’s How Big Money Skirts Prop64

The average annual license and application fees for just one small or medium cultivation site is about $35,000. That is a steep enough cost of entry into the legal side of the industry, but how can that grower possibly compete with these massive corporate operations who are gaming the system to the detriment of everyone else?

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GOP Congress Abandons Vets, Strikes Cannabis Relief from Spending Bill

Three days ago lawmakers in the Republican-led U.S. Congress passed a $147 billion spending bill aimed at funding portions of the Department of Veteran Affairs (VA), a previously passed energy and water bill, and portions of the legislative branch of the federal government in 2019.

But it’s what was not in the spending bill that caught our eye.

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Is High Times Going Up in Smoke?

Whether or not High Times goes up in smoke, the moral of the story is that the cannabis industry is a unique one. On top of demanding integrity, most cannabis connoisseurs are more interested in the next big thing rather than what was cool in the 70’s and 80’s.

In your opinion, what could High Times do to rebrand itself and regain the cultural relevance it once had?

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Done Running: NFL Player Stands Up for Cannabis

A broken ankle in his rookie season sidelined NFL RB Mike James and his career has been plagued ever since by nagging injuries and chronic pain that led to a dangerous battle with opiate abuse.

Fortunately for James, his wife rescued him from the deadly trap of painkiller addiction by introducing him to the medicinal benefits of cannabis.

Unfortunately for James, the NFL has a zero-tolerance policy for cannabis use.

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How to Fly with Weed (and How Not To)

After a flight from San Fran to LAX got grounded this week due to a guy sparking a joint on the plane, we figured we’d kick out this basic guide to flying with weed so you don’t end up like that dude – check it out!

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So is 7/11 Going to Slang CBD or Was it Fake News?

On Wednesday we got an early scoop that Colorado-based CBD producer Phoenix Tears Wellness had signed a deal with a distribution company named MarketHub Retail who had an alleged commitment from the corporate giant 7/11 to place hemp derived CBD products on the shelves of 4500 convenience stores by the end of 2018.

This, obviously, would be huge news and sure enough more outlets began to break the story as the day went on. It wasn’t long, however, before a spokesperson for 7/11 made an official statement and that took the story down an entirely different path.

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And So It Begins… 7/11 Inks Deal to Place CBD Products in 4500 Stores

For a long time, the only place to get Hi-Chews around here was the 7/11 convenience store. Those delicious terp-filled candies, despite their name, do not actually get you hi(gh), but were always worth the trip.

Today 7-11 announced another hot product launch that, despite what you may think, will not get you high but will be a complete game-changer – hemp derived CBD products.

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Should I Smoke Cannabis Around My Kids?

The American Academy of Pediatrics just released a study published by researchers from Columbia University warning parents of the dangers that children can face when inhaling second-hand smoke. However, it wasn’t cigarettes or tobacco that the group was singling out, but cannabis.

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No Dogs Need to Die for Legal Weed

Macon County Sheriff Howard Buffett and his allies went on the record late last week and made the implication that if weed is made legal in the Prairie State they might have to start murdering dogs and it’ll be the potheads’ fault.

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