
In the days of the Armada, a fleet of warships, the scuttlebutt was the rumor or gossip that would spread throughout the ship. Today, Armada Law Corp presents The Scuttlebutt, a daily summery of news articles that people within the cannabis, hemp and plant medicine industries are chatting about along with links to the full articles.
In today's news:
https://www.law360.com/
#californiacannabis - "Lobbyists, pot entrepreneurs and public officials say bribery and shakedowns have become so commonplace in cannabis licensing that it feels like a normal part of doing business....
The corrupting flow of money has its roots in how California crafted its cannabis legalization law to regulate an industry that until recently operated underground. Proposition 64, the statewide measure that paved the way for commercial cannabis to launch in 2018, put the ultimate decision on where pot businesses could operate in the hands of cities and counties.
More than 12,000 licenses are active, a Times analysis of state data shows, but those are concentrated in a minority of California's cities and counties, including many small, struggling communities that viewed cannabis and its potential tax revenue as a financial lifeline. More than half of cities and counties refuse to allow any type of operation, including recreational sales or farming. Those that do authorize pot businesses generally restrict the number of licenses, creating fierce competition among entrepreneurs looking to cash in."
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