The Daily Dose Of News

Your daily dose of cannabis industry and California news.

SBA Policy Change Chills Loans for ‘Cannabis-Related’ Businesses

April 30, 2018

A recent policy change at the Small Business Administration (SBA) would prevent any businesses associated with the cannabis industry from accessing SBA-backed loans–even businesses like hydroponic companies, web/IT designers, and hard goods manufacturers, among others

Joanne Cachapero

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Highway 1 at Big Sur set to reopen in September

April 30, 2018

A seven-mile length of Highway 1 along the southern Big Sur coastline that has been closed for a year, forcing long detours, is expected to reopen in September, Caltrans announced Monday. The gorgeous stretch of roadway at Mud Creek has been closed since April 2017 — shortly before a tremendous landslide dislodged more than a million tons of rocks and mud onto Highway 1 and into the sea on May 20. 

Nanette Asimov

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State gives marijuana businesses more time to get licensed, comply with new regulations

April 30, 2018

The transition to a fully regulated cannabis industry is taking California a bit longer than anticipated. While state regulators scramble to extend temporary marijuana business licenses, they’re also considering whether to extend a grace period that gives operators extra time to comply with strict new industry standards.

Brooke Edwards Staggs

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The Impact Marijuana’s Cannabinoids Can Have On Kidney Disease

April 29, 2018

 Although there are different diseases and medical conditions that take people’s lives, in the US kidney disease is the ninth leading cause of death. It’s also estimated that 31 million Americans (10 percent of the US adult population) are diagnosed with chronic kidney disease (CKD). Currently, many physicians prescribe opioids to patients to help them manage their pain. However, opioids and other pharmaceutical drugs can be harmful and addictive. Fortunately, though, cannabis and derivatives of it can provide relief to people with kidney disease, especially chronic pain associated with the disease. 

Nicole Skrobin

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America's housing shortage "far more severe than originally believed"

April 29, 2018

 America saw a shortage of 7.3 million homes between the years 2000 to 2015, according to a recent study of 22 states and Washington DC.

Paolo Taruc

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Getting off opioids with medical marijuana: Patients turn to pot over pills

April 29, 2018

In 2016, opioids killed more Americans than breast cancer. The drug overdose epidemic has become one of the most concerning public health issues of recent time, and in an effort to stem the tide, more and more patients and doctors are turning to pot over pills. 

Nadia Kounang

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Studies on Cannabis & Bone Density Yield Conflicting Results

April 28, 2018

A recent study about the impact of cannabinoids on bone density is raising concerns about possible ill effects on long-term heavy marijuana smokers. Earlier studies, however, showed potential for certain cannabinoids in treating bone fractures. The relationship between cannabis and bone density appears complicated, with much left to research.

Bill Weinberg

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University of Utah to research effect of cannabis on the brain

April 28, 2018

 University of Utah researchers could soon be looking into how marijuana impacts the brain and if the medical benefits outweigh the risks. “We're going to study the effect of cannabis products on the brain,” said Jeffrey Anderson, a Professor of Radiology and Imaging Service at University of Utah. 

Staff

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California voters, the onslaught of political advertising is here

April 27, 2018

California, it’s about to get very political on television and radio, in your mailbox and anywhere else 2018 election hopefuls can catch your eye before you go to vote. The June 5 primary is just a few weeks away and from San Diego to Redding and beyond, Californians are about to see it in a very big way. 

Abby Hamblin

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The 6 Best Governors for Cannabis Policy… And the 6 Worst

April 27, 2018

 With cannabis still illegal on the federal level, the marijuana policy developments happening on the state level are especially significant. Given that governors are the gatekeepers of what legislation becomes law, the marijuana policies of governors in the United States are crucial for determining the fate of cannabis in each state.

Jimi Devine

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California Department Encourages Development of Insurance Products for Legal Cannabis; Industry Begins Moving In

April 27, 2018

In a letter sent to California insurers on 4/20, California Insurance Commissioner Dave Jones reiterated his call for insurers to file rates and forms for insurance products for the California cannabis industry.

Aaron Igdalsky

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Cannabis industry still seeks better banking options

April 27, 2018

Federal regulations prevent traditional banks from offering services to anyone associated with the cannabis industry, even though sales and possession of marijuana products are legal in more than half the states. This requires businesses to either use cash to pay their bills, taxes, employee paychecks and other purchases, or seek the services of certain state-based credit unions.

Renee Sande

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