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ARMADAIn 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:
#californiacannabis – “The California Department of Cannabis Control (DCC) filed an emergency rulemaking action Dec. 14 to implement Assembly Bill 195.
The legislation, which Gov. Gavin Newsom signed in June, requires all cannabis products leaving licensed dispensaries via delivery to be recorded in a statewide track-and-trace system, according to the DCC website.
In addition, A.B. 195 would have required the DCC to incorporate cannabis delivery into the state’s existing track-and-trace program by Jan. 1, 2023. However, under the measure, the DCC is permitted to “adopt and readopt emergency regulations to implement that requirement, as specified,” according to the bill text.
The DCC has filed the emergency rulemaking action with the state’s Office of Administrative Law (OAL) to immediately implement the new track-and-trace requirements under A.B. 195.”
#californiacannabis – “Let’s be clear: It’s illegal to fly with cannabis, and people have been arrested for doing so. William Panzer, an Oakland criminal defense attorney, said he has represented dozens of people who have been arrested for carrying cannabis through Bay Area airports.
Dankers, the TSA spokesperson, confirmed that TSA staff will refer cases to law enforcement if they suspect a traveler is carrying cannabis.
“Airport law enforcement will be notified if marijuana is discovered by a TSA officer during the security screening process of carry-on and checked baggage,” Dankers wrote in an email. “Law enforcement officials will determine whether to initiate a criminal investigation or what steps — if any — will be taken.””
https://www.sfgate.com/cannabis/article/flying-with-cannabis-sfo-tsa-17664894.php
#cannabisindustry – “Cannabis product pricing generally correlates to THC content – generally, the higher the THC concentration, the more expensive the product. In the last few years, cannabis labs and manufacturers have both been accused of overstating THC levels in order to increase profits. Some states have investigated these claims and implemented regulations to prevent this alleged practice. But state regulatory efforts have varied, and there is of course no federal oversight of these issues. Plaintiffs’ attorneys may see this gray area as an opportunity for class action lawsuits. At least five class actions relating to THC content were filed against cannabis manufacturers in 2022. We will likely see more cases in 2023.”
https://www.jdsupra.com/legalnews/cannabis-class-actions-9664954/
#cannabisindustry – “U.S. cannabis multistate operators weathered a storm of challenging economic factors through the third quarter of 2022, with most reporting modest to significant year-over-year revenue gains.
But only Chicago-based Green Thumb Industries reported a profit for that quarter, at $131 million.
That’s a 506% increase from a year ago, when Green Thumb reported a $21.6 million profit for the same period.”
https://mjbizdaily.com/cannabis-mso-earnings-resilient-through-third-quarter-of-2022/
#californiacannabis – “A Los Angeles jury ordered a landlord to pay a $387,000 penalty last week for illegally evicting a cannabis business in 2019. The landlord also abducted the tenant’s dog for nearly a month, according to court documents.
The case stems from a 2019 dispute over a property south of downtown LA. CJ World, a cannabis company, had been renting the warehouse since 2012 and had a lease until 2020. But the building’s owner, a company called 147-151 W 25th St LLC, illegally changed the building’s locks in September of 2019 in an attempt to have a second cannabis company rent the space for a higher rent, according to court documents.
When the landlord changed the locks in 2019, it also took the tenant’s 40-pound Australian shepherd named Po, according to court documents. The landlords reportedly abducted the dog for nearly a month, only returning the dog after the tenants sent a demand letter to the owners of the leasing company, court documents say.”
https://www.sfgate.com/cannabis/article/california-cannabis-landlord-dog-abduction-17665523.php
#californiacannabis – “Former NBA star Shaquille O’Neal asked a California federal judge to award him a win in a suit he filed that alleges the mismanagement of a cannabis venture, in which he invested, led to a $1 million loss, asserting the company’s “grab bag” of defenses is hollow.
O’Neal filed his request for summary judgment Monday, claiming there is “no genuine dispute” that he and co-plaintiff Jerome Crawford are entitled to the $130,000 that the cannabis company, Viceroy, and its founder Daron Campbell, also named as a defendant, owe them.”
#californiacannabis – “A group of cannabis companies owes more than $226,000 to a Los Angeles advertising firm stemming from a series of outdoor display deals that have yet to be paid in full, a lawsuit in state court contends.
Swing Media Inc. said in its Los Angeles County Superior Court suit that defendants Pineapple Ventures Inc., Pineapple Express Inc., Pnplxpress Inc., Pnplxpress I Inc. and Neu-Ventures Inc. entered several advertising agreements from February 2019 to August of this year for ads at various locations around the county.
In total, the defendants agreed to pay $415,632 for the advertising, the suit filed earlier this month said. However, the cannabis companies have yet to fork up the majority of that money, Swing contended.
“Defendants have never objected to any of the invoices and also made sporadic payments to Plaintiff in varying amounts but to date has failed to pay the full amount of the outstanding invoices,” Swing Media alleged, seeking damages of $226,882.50 plus 18% interest.”
Our Very Own Dale Schafer, Esq on High at 9 News:
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