Moorpark Becomes Next City To Ban Sale of Medical Marijuana
Local governments across California are taking action before state-wide regulations kick in. In other news, other states are looking toward California's model when it comes to investors in the marijuana industry.
The Ventura County Star:
Moorpark Bans Cultivation And Sale Of Medical Marijuana
The Moorpark City Council on Wednesday unanimously approved a zoning ordinance banning commercial cultivation and sale of medical marijuana in the city. In a separate action, the council made an exception by allowing deliveries of medical marijuana to a qualified patient by a primary caregiver. (Willer-Allred, 1/21)
The Associated Press:
Marijuana States Take A Fresh Look At Outside Investors
States that have legalized pot are taking a fresh look at making it easier for out-of-state investors to get in the weed business, saying the industry’s ongoing difficulty in banking means they need new options to finance expansion. The four states that allow recreational pot sales — Alaska, Colorado, Oregon and Washington — have another big reason to take a new look at pot investment. That’s California, the nation’s most populous state and largest marijuana producer, though it allows the drug only for people with certain medical ailments. (Wyatt, 1/21)