San Diego-based Mentor Capital Inc. (OTCQB: MNTR) entered into a contract to receive $1.287 million in funding to support its medical marijuana efforts in exchange for 757,059 shares of stock at $1.70 per share.
San Diego’s Medical Marijuana Inc. has expanded its hemp-derived line of cannabidiol products — similar to marijuana but lacking the high-producing THC component — with the acquisition of Dixie Botanicals in April, and last week began selling the Dixie brand from its new headquarters in Poway.
Medical marijuana dispensaries will have to post warning signs on their products, which may face inspections for the presence of pesticides, molds and other toxins, under amended regulations passed almost unanimously by the San Diego City Council on Tuesday.
The San Diego City Council unanimously voted to keep 11 proposed sites for medical marijuana dispensaries exempt from state environmental regulations, despite challenges filed by a little-known figure who did not show up to the council deliberations.
The City Attorney’s office obtained court orders Wednesday to close two more marijuana dispensaries that were operating in violation of San Diego’s zoning regulations.
The City Attorney’s Office obtained a court order Thursday to close the Green Circle Cooperative marijuana dispensary in Mission Valley.
Voters in both La Mesa and Encinitas declared on Tuesday that they still don't want their cities to allow medical marijuana dispensaries.
La Mesa and Encinitas look poised to not join other cities, like San Diego, in creating a pathway for medical marijuana dispensaries to legally operate within their city limits, as building vote tallies from Tuesday's election indicated Proposition J and Proposition F were failing by significant margins.
DENVER -- Pot may be legal in Colorado, but you can still be fired for using it.
DAVENPORT, Iowa -- A judge Tuesday gave probation rather than a prison sentence to a dying Iowa man convicted of growing marijuana and using it to treat his terminal cancer.
The owners of a Pacific Beach commercial property, where marijuana dispensaries have continually operated, have been ordered to pay $120,000 in civil penalties and $1,800 in investigative costs to the city of San Diego for violating zoning laws.
A Gallup poll last year found 58 percent of Americans believe marijuana should be legalized. That's already happened in Colorado and Washington -- the states that are home of last season's Super Bowl teams.
Washington voters in November will decide whether to legalize marijuana for recreational use, injecting the nation’s capital into the growing political push to roll back prohibition on the drug.
July 28 (Bloomberg) -- April Sintz is fighting to loosen marijuana laws for her 7-year-old epileptic son. She is one of hundreds of moms nationwide who have opened a new front in the drive to expand the drug’s legal use.
SALEM, Ore. (AP) -- Oregon voters will decide whether to legalize marijuana for recreational use after state elections officials on Tuesday said the measure qualified for the November ballot.
WASHINGTON (AP) -- The House voted Wednesday in support of making it easier for banks to do business with legal pot shops and providers of medical marijuana.
Alongside the plethora of small-scale medical marijuana dispensaries dotting the San Diego business landscape, some bigger, public players have entered the market as well, and say they’re only prepared to grow -- so long as the government lets them.
Medical marijuana cultivators and sellers are fearful that the detailed documentation required of them by San Diego's regulations could impede legitimate business and open them to federal scrutiny.
SEATTLE -- Pete O'Neil saw Washington's legalization of marijuana in 2012 as a path to retirement, or at least to his kids' college tuition.
With the exception of medical marijuana, it is illegal to possess any amount of any material deemed to be an illegal drug in 48 of the 50 states. When nearly two-thirds of Colorado voters changed that law as it concerns recreational marijuana in Colorado, surrounding states, Utah in particular, may have seen a potential for some extra cash.
DENVER (AP) -- Police in some medical marijuana states who once routinely seized illegal pot plants by ripping them out by their roots and stashing them away in musty evidence rooms to die are now thinking twice about the practice.
OLYMPIA, Wash. (AP) -- As Washington state prepares to issue the first licenses for marijuana retail stores, Gov. Jay Inslee and other state leaders on Tuesday announced a coordinated campaign to make sure pot stays out of the hands of minors once products start hitting store shelves next month.
U.S. regulators are studying whether restrictions on marijuana should be eased, a step toward decriminalizing the drug at the federal level.
DENVER -- Colorado's marijuana market boomed in April as tens of thousands celebrated the once-underground 4/20 pot holiday.
Now that San Diego is regulating storefront medical marijuana clinics, the City Council is moving its attention to mobile dispensaries. Medical marijuana delivery services are not permitted. However, the marijuana dispensary locator website Weedmaps.com shows delivery or mobile medical marijuana providers in the city far outnumber storefronts.
The Securities and Exchange Commission Friday cautioned investors about the potential for fraud in microcap companies that claim their operations relate to the marijuana industry after the agency suspended trading on the fifth such company within the past two months.
Landlords who have marijuana dispensaries for tenants are taking a risk -- and nobody knows that better than Seymor Weksler, who is being forced to evict two of the facilities on El Cajon Boulevard by the end of May.
Some 18 years after Californians decided to legalize medical marijuana, state and local politicians have finally gotten around to drafting comprehensive regulations for how the dispensaries should operate.
Hundreds of would-be medical marijuana purveyors lined up Thursday in front of San Diego City Hall to apply for conditional-use permits to operate drug dispensaries in the city, under a recently adopted plan to authorize and strictly regulate sales of the drug.
Marijuana sales in central San Diego are rampant and totally out of control.
If you are a commercial landlord and thinking about renting to a marijuana store, you'll need some facts.
The City Council's Public Safety and Livable Neighborhoods Committee on Wednesday will discuss amending San Diego municipal code related to the possession of marijuana for medical purposes and the operations of medical marijuana cooperatives.
Zoning regulations affecting San Diego medical marijuana dispensaries took effect March 27, but some dispensaries in violation of the new rules have yet to be closed.
It's 9 a.m. on a weekday, and I'm at the Marisol Therapeutics pot shop in Pueblo West, Colo. This is serious business. Security is tight. ID checks are frequent. Merchandise is strictly regulated, labeled, wrapped and controlled. The store is clean, bright and safe. The staffers are courteous and professional. Customers of all ages are here.
DENVER (AP) -- Colorado attorneys can advise marijuana businesses on how to navigate the industry's legal complexities without fear of punishment, the state's Supreme Court said Monday.
There was an amount of irony when Charles Vest rose to the stage at the San Diego Regional Chamber of Commerce's annual dinner on Tuesday night, to present the association's award for "business of the year" to local website developer Automatic Corp.
After four years of debate, the San Diego City Council on Tuesday supported a resolution to authorize fewer than 30 medical marijuana dispensaries to operate in the city -- a sharp drop from the 140 or so that have been operating without permits during the past couple years.
Two Pacific Beach marijuana dispensaries have signed civil settlement agreements with the San Diego city attorney’s office, permanently restraining them from operating a marijuana dispensary in the city of San Diego.
SAN DIEGO (AP) -- San Diego's acting mayor says he's asked his office to enforce the city's zoning laws preventing medical marijuana dispensaries, reversing a hands-off order from recently resigned Mayor Bob Filner.
As the San Diego City Council last week moved to draft new rules governing medical marijuana, the hearing room was packed with cancer patients praising the health benefits of cannabis; parents fretting that their children might get hooked on the drug; dispensary operators touting the tax dollars they could bring the city; and clergymen worrying about how the drug might boost crime rates and loosen morals. The proponents were buoyed by recent polls showing that 77 percent of Americans support decriminalizing medical marijuana, including 52 percent who say the drug should be totally legalized.
DENVER (AP) -- Pot may be legal, but workers may want to check with their boss first before they grab the pipe or joint during off hours.
The muscular young man with greasy hair, tattered clothing and a menacing demeanor sauntered into an L.A. fast food emporium the other day, his breath reeking of liquor and his demands very frank.
California's four U.S. attorneys gathered in Sacramento Friday to announce a coordinated effort aimed at combating illegal marijuana operations in the state.
A San Diego judge signed orders closing nine marijuana dispensaries, the San Diego city attorney's office announced Wednesday.