Alternative Energy Partners Inc (AEGY)

[I-Glow]

California will then be 3 years behind Colorado.

It seems one city in California is shutting down illegal dispensaries by cutting off the electricity and water.

A California city comes up with a novel way to shut down illegal dispensaries, a company explores how to open a cannabis-specific bank and a consultancy hires an expert on Israel’s medical marijuana program.

Here’s a closer look at several notable developments in the cannabis industry over the past week:

Turning the Lights Off

Numerous California cities are struggling to shut down medical marijuana dispensaries that ignore local regulations and bans, with one Los Angeles official comparing it to playing “whack-a-mole” because closed dispensaries pop up in new locations.

But one municipality has come up with a relatively straightforward solution: go for the jugular by severing their supply of power and water.

Officials in Anaheim have begun shutting off utilities to dispensaries, which were banned by the city after the state Supreme Court ruled last year that municipalities could prohibit MMJ businesses.

The approach has worked so far, with nine dispensaries closing down last month and another eight expected to shutter by Oct. 17. The city plans to use the same threat with another 11 dispensaries in coming weeks.

It doesn't seem that Colorado is having such a difficult time with illegal dispensaries.

IG