NBC News, September 26, 2019
Israeli chemist Raphael Mechoulam, the man who discovered THC and CBD, has made another leap in the field of cannabis research after announcing earlier this week that they had figured out a process to create stable, cannabinoid acids, NBC News reports.
What does that even mean? Cannabis compounds like THC and CBD occur in an acid form in the plant (THC-A and CBD-A). But soon begin to change as the plant is harvested. While THC-A is non-intoxicating, it changes to the psychoactive THC when heated. Preliminary research has shown promise for the acid compounds to treat a variety of medical conditions, including anxiety and a variety of autoimmune diseases. The creation of these stable acid compounds could lead to a variety of pharmaceutical drugs. The researchers are licensing the compounds to companies for drug development.
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Cannabis is Helping Santa Barbara’s Economy
NewsSanta Ynez Valley News, October 18, 2019
“This video is part of a series of videos has been released by a coalition of legal North County cannabis growers to emphasize their agricultural roots and commitment to science and pesticide-free farming, drum up community support and promote economic vitality, a group spokeswoman said. The videos produced by Good Farmers Great Neighbors can be viewed on YouTube here.”
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North County Legal Cannabis Farmers Release Video Series
NewsSanta Barbara Business News, October 18, 2019
“We believe it is our responsibility to share our values and passion for sustainable farming, healthy living and community support with the public at large in Santa Barbara County,” said Sara Rotman, co-chair of Good Farmers Great Neighbors. “We embrace our neighbors and community-minded leaders engaged in building a better tomorrow for the people of Northern Santa Barbara County.”
The group hopes the videos released this week will demonstrate their work to collaborate with other farmers and businesses for the betterment of the county. The videos can be viewed here.
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County covers library deficit with cannabis revenue
NewsSanta Maria Sun, October 15, 2019
Supervisors chose to allocate $68,500 from revenue generated by the county’s cannabis enforcement and compliance operations to fully fund the libraries for the 2019-20 fiscal year.
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New California laws allow some marijuana firms to deduct expenses on state returns, help normalize MJ as ag commodity
NewsMarijuana Business Daily, October 15, 2019
Cannabis-related bills signed into law by California Gov. Gavin Newsom are significant steps in both providing marijuana businesses with the ability to write off business costs on state tax returns as well as normalizing cannabis as an agriculture commodity for cultivators.
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Cannabis prohibition has deadly effects
NewsSan Francisco Chronicle, October 14, 2019
Cannabis prohibition’s ill effects go beyond cavalier indifference to public safety; its effect on medical research has led to dubious medical claims, further muddying the waters. Prohibitionist policies both cripple the legal market of good and regulated actors, and ensure that the illicit market flourishes at its expense by cutting corners, adulterating products, and illegally shipping unsafe products across state lines.
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Region abuzz with potential for weed-wine tourism
NewsPacific Coast Business Times, October 11, 2019
A new kind of tourism has sprung up in California with the legalization of cannabis. Although a unified regional effort in the Tri-Counties appears to be a ways off, growers and industry leaders are interested in crafting a cannabis tourism experience for a region with multiple growing areas and legal dispensaries.
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Department of Business Oversight Issues Cannabis Banking Guidance
NewsCalifornia Department of Business Oversight, October 3, 2019
Read more about the new legislation
Santa Barbara County cannabis tax revenue up 60% in fourth quarter of 2018-19
NewsSanta Maria Times, October 2, 2019
Santa Barbara County’s cannabis tax revenue for the fourth-quarter of last fiscal year rose to $2.3 million, a 60% increase from the two previous quarters, according to a report submitted Tuesday to the Board of Supervisors.
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Cannabis research pioneer hopes latest discovery is not overlooked — again
NewsNBC News, September 26, 2019
Israeli chemist Raphael Mechoulam, the man who discovered THC and CBD, has made another leap in the field of cannabis research after announcing earlier this week that they had figured out a process to create stable, cannabinoid acids, NBC News reports.
What does that even mean? Cannabis compounds like THC and CBD occur in an acid form in the plant (THC-A and CBD-A). But soon begin to change as the plant is harvested. While THC-A is non-intoxicating, it changes to the psychoactive THC when heated. Preliminary research has shown promise for the acid compounds to treat a variety of medical conditions, including anxiety and a variety of autoimmune diseases. The creation of these stable acid compounds could lead to a variety of pharmaceutical drugs. The researchers are licensing the compounds to companies for drug development.
Read the original article
House passes historic marijuana banking bill with backing from Southern California reps
NewsOrange County Register, September 24, 2019
With backing from Southern California representatives and nearly half of House Republicans, the Democrat-controlled chamber approved a law that supporters argue will boost public safety, improve transparency and ease the financing crunch facing the multibillion-dolllar marijuana industry.
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