Encinitas voters topped the county in support for Prop 64 with 65 percent approval. Encinitas also used to be the flower capital of the world with agriculture. Add it up, pot people, kis-to-the-met, serendipity, bingo, hoorah, Encinitas city council members voted 4-1 recently to allow commercial marijuana growing in their fair city.
We all know the weed industry is on fire. Why then are wholesale pot prices bottoming out? Big business is getting the blame for growing more marijuana than the market demands and for pushing out smaller businesses that can’t keep up. In the past year, according to CannaSaver.com CEO Brian Shapiro, wholesale weed prices fell 60 percent in 2016, from $2,500 to $1,000, reported Forbes. Carter Laren, cofounder of the cannabis incubator group Gateway, said, “When marijuana sells for $750 a pound, it starts to become difficult to make a profit. When it gets somewhere below $500 a pound, it becomes impossible.” Experts concur there are two ways that businesses can compete in this new market, one of the fastest growing in the country, and that is by developing new cultivation technologies
Source: News – CannaBusiness Community
WHY YOU NEED TO ATTEND THE CALIFORNIA CANNABIS BUSINESS EXPOThis is our third annual business expo for the marijuana industry. In the past 2 years our marijuana industry events have attracted hundreds of sponsors and exhibitors along with thousands of attendees. This year the California Cannabis Business Expo in San Diego promises to be bigger and better than ever. See our 2017 tracks below!
Planning Commission meeting Feb. 10 to draft changes to zoning ordinance; next Supervisor hearing is Feb. 14 with final vote March 15 By Thea Skinner The San Diego County Board of Supervisors moved on Jan. 25th to have staff draft a ban prohibiting medical and non-medical marijuana facilities in unincorporated areas by April 15. Existing and previously approved medical marijuana dispensaries would be phased out and shut down after five years. A draft to repeal and replace the zoning ordinance regulating marijuana facilities will be on the Planning Commission agenda Feb. 10 at 9 a.m. in the County Operations Center Campus Chamber (5520 Overland Ave, San Diego. See map). View the Planning Commission report. The packed room gathered 31 individuals wishing to speak, 12 in favor and 19 in opposition, with two requests for group presentations. Eleven individuals registered their opinion with two in favor and nine in opposition.