Category Archives: Los Angeles marijuana

Los Angeles marijuana industry still in turmoil as second licensing round begins

(This story has been updated from an earlier version to correct the dates of the second licensing round.) Talk with a cross section of entrepreneurs in the Los Angeles cannabis industry, and one consistent theme emerges: The market is in tumult, plagued by black-market operators, licensing delays and a social equity program that has yet […]

Los Angeles scraps marijuana tax ballot measure

The Los Angeles City Council on Tuesday abruptly changed course and yanked a proposed cannabis tax ballot measure that was poised to go before voters in November. The tax measure, dubbed the Cannabis Reinvestment Act, would have established a further 1% tax on all gross receipts for commercial marijuana activity, a $5 surcharge for tickets […]