Land-use protections, rent controls and a lack of single-family homes constrain development.
by Don Thompson, Associated Press SACRAMENTO, Calif. (AP) — California would take steps to regulate the sale of medical marijuana under a bill approved Monday by the state Senate, restricting cannabis dispensaries that federal prosecutors say have grown out of control. California voters first supported legalizing marijuana to treat illness in 1996, but federal prosecutors recently […]
by Michael Montgomery and David Downs, California Watch At the peak of California’s pot boom in 2009, one of the state’s largest medical marijuana dispensaries recorded more than $15 million in sales to thousands of customers for popular strains like Grand Daddy Purple, OG Kush and Blue Dream. What it didn’t record was much profit. […]