I'm starting to track the intersection of cannabis and Bay Area luxury/power/money in a new column for 7X7 Magazine.
We're still working on the name for it. First it was "High Society". Currently it's "Cannabis Insider". I'm not in love with either. But we're definitely keeping the pseudonym: Herb Caine.
Read: "Cannabis Insider: Pitching Pot in the Twitter Building", in 7X7.
More coverage of AB 266 and SB 643 on East Bay Express and SFGate.com.
An agreement hammered out by CA lawmakers last night would provide a regulatory framework for the industry, including the establishment of a new Bureau of Medical Marijuana Regulation responsible for licensing and other regulation-related issues.
California was the first state to legalize medical marijuana in 1996. In the two decades, the state has largely left regulation of the industry to individual cities and counties.
The likelihood that this proposal will gain passage in the state legislature is high.
Who are the winners and losers under this new regulatory framework? How does this figure into the expectation that California would legalize recreational marijuana in 2016?