It looks like the California cannabis industry will remain largely a cash enterprise for the foreseeable future. The 18-member Cannabis Banking Working Group chaired by State Treasurer John Chiang issued a 151-page report detailing why creating a public banking system to accommodate the legal weed industry would be so expensive, difficult and legally iffy that […]
John Chiang
Posted inLetters + Opinion
A Gubernatorial Pot Primer
When Californians head to the polls Tuesday the cannabis industry won’t be on the ballot but it has a lot at stake. Most notably, the state’s next governor will oversee the implementation of new regulations slated to be rolled out later this year to govern what’s expected to become a $5 billion recreational industry by […]
Posted inNews
Huffman, Humboldt Residents, Decry House Passage of ‘TrumpCare’
Shortly after H.R. 1628 passed by a narrow margin in the House of Representatives, Rep. Jared Huffman’s office fired off a press release denouncing the passage of “TrumpCare” as a “disaster.” The bill, which includes an amendment that may remove coverage for patients with pre-existing conditions, can still be altered significantly in the Senate. Huffman […]