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16 whooooo
UP in early morning trading GO HMPQ
Good find thanks, we move to new highs in 2018. GO HBRM
0013 close not bad, keep it up MJTK Boom Time
WOW! it goes up 100% and the bid is zero, who's playing games? It won't last, this is getting ready for the big time. 2018 GLTAL
Tell ya what NioStar-less, your good for a laugh.
Gonna get caught with your pants down Flippers. GLTAL
Blast Off Coming Soon!!!
NEWS COMING SOON!!!
AGREED!!!
Flippers won't last much longer here, it's to close to Cali Boom. One more week and we fly. GLTAL
California Marijuana Gold rush is Coming.
Count me in/ TODAY!
I am putting out a BUY on Innovativ Media Group Inc.
Let's Rock & Roll.
$$ INMG $$
Volume picking up, can't wait to see 100,000,000 volume. "BOOM TIME SOON"
Huge profits to be made here in Jan 2018, the 200L extractor machine is almost ready to be shipped. Hemp oil and other hemp products will produce many thousands of $$$$ per week. Buy now or cry later when this POPS you will be chasing. GLTAL HMPQ.
When the hell are we gonna get out of the mud, MJ sector very green today. MJTK
If investors don't grab these cheepies now, thee going to be very sad in 2018 when this moves to silverland. HMPQ
Showing signs of life today but 2018 will be the year for HBRM
Thinking of buying more today..
Can't believe people are selling at these prices! I'm holding and buying.
Everything is falling into place.
https://www.leafly.com/news/politics/jeff-sessions-leaves-the-cole-memo-intact-for-now
How about getting rid of that deeznuts sticky from last may, it has no relevance. Thank You in advance GO MJTK
More DD on MJTK
$MJTK CannaSys Releases Version 1 of Citizen Toke Platform
??December 21, 2017 ??News ? Tags: CannaSys Inc., CannaSys Inc. News, MJTK, MJTK News
DENVER, Dec. 21, 2017 /PRNewswire-PRWeb/ -- CannaSys, Inc. (OTC QB: MJTK) ("CannaSys"), a marketing, branding, and technology company, announced the full release of the Citizen Toke platform, empowering select partners to create and send live deals to the Citizen Toke user base.
"We are very excited to be moving out of our beta stage into the first fully functional version of the Citizen Toke platform. We feel that we have successfully proven the viability and scalability of Citizen Toke for the cannabis industry as an equal opportunity marketing platform for cannabis retailers and brands to reach potential new customers through one of the most highly engaging digital channels in the world, SMS," noted Patrick Burke, CEO of CannaSys.
In addition to the live blast functionality of the platform, Citizen Toke has included loyalty SMS service and premium placement blast service. Loyalty services will be provided to dispensaries free of charge to reach phone numbers they already have collected, while premium blasts will be pre-programmed 'timed' blasts that are sent when a new user becomes active on the Citizen Toke platform. Premium placement slots are available at 5 minutes, 1 hour, 24 hours, 48 hours, and 72 hours from user activation will be the first messages a user receives and may be adjusted to fit market needs.
"Providing loyalty SMS services for free is a radical departure from the industry standard. However, we see SMS as the largest social platform in the world. Other platforms, such as , Instagram, and , do not charge companies to reach their followers – loyal customers – but rather, only charge to reach new customers. We are shifting SMS in the cannabis industry towards this paradigm," explained Ben Tyson, CEO of BetaKillers and Director of CannaSys.
CannaSys firmly believes that cannabis becomes commoditized quickly as markets develop, and users, as a result, become more concerned with price, quality, and convenience than the brand of the retailer. Retailers that use our free loyalty service give their users the option to opt into the full Citizen Toke platform. If that user opts into the full platform, other products and brands can send marketing messages to that user through the flagship product, Citizen Toke blasts. In this way, retailers can become marketing intermediaries for user acquisition. In exchange, retailers receive unprecedented data to make their companies more valuable and competitive in the cannabis ecosystem.
Citizen Toke offers exclusive, instant, location-based, gamified promotions for cannabis retailers looking to more intimately connect with their consumers directly through SMS. Citizen Toke is an efficient means for retail centers to communicate exclusive promotions to their consumers and to extend brand awareness to current and potentially new customers. More details on the technology and business plan of Citizen Toke can be found at White Paper.
CannaSys and its board and senior management remain committed to creating long-term shareholder value and will provide timely updates to shareholders as they occur.
About CannaSys, Inc.
CannaSys is a technology solutions, marketing, and branding company. Its core products are delivered "software as a service" to facilitate point-of-purchase transactions and customer relationship marketing solutions. CannaSys plans to develop, acquire, and build strategic relationships with other businesses in order to bring additional solutions to market. For more information, please visit http://www.cannasys.com and http://www.citizentoke.com.
Your welcome eD913 GO HMPQ
Another week or so and.....
California is set to start operation of its recreational marijuana industry. Keep in mind, California has the 6th largest economy in the WORLD, and their recreational marijuana industry is projected to be worth $7 Billion, and is already larger than every other state that has legalized recreational marijuana thus far. MJTK
I hope everyone is doing the same TV.
Just posted the MJTK CT release on YAHOO.
This will explode after Jan 1st 2018
CannaSys Releases Version 1 of Citizen Toke Platform
DENVER (PRWEB) December 21, 2017
CannaSys, Inc. (OTC QB: MJTK) ("CannaSys"), a marketing, branding, and technology company, announced the full release of the Citizen Toke platform, empowering select partners to create and send live deals to the Citizen Toke user base.
"We are very excited to be moving out of our beta stage into the first fully functional version of the Citizen Toke platform. We feel that we have successfully proven the viability and scalability of Citizen Toke for the cannabis industry as an equal opportunity marketing platform for cannabis retailers and brands to reach potential new customers through one of the most highly engaging digital channels in the world, SMS," noted Patrick Burke, CEO of CannaSys.
In addition to the live blast functionality of the platform, Citizen Toke has included loyalty SMS service and premium placement blast service. Loyalty services will be provided to dispensaries free of charge to reach phone numbers they already have collected, while premium blasts will be pre-programmed 'timed' blasts that are sent when a new user becomes active on the Citizen Toke platform. Premium placement slots are available at 5 minutes, 1 hour, 24 hours, 48 hours, and 72 hours from user activation will be the first messages a user receives and may be adjusted to fit market needs.
"Providing loyalty SMS services for free is a radical departure from the industry standard. However, we see SMS as the largest social platform in the world. Other platforms, such as Twitter, Instagram, and Facebook, do not charge companies to reach their followers – loyal customers – but rather, only charge to reach new customers. We are shifting SMS in the cannabis industry towards this paradigm," explained Ben Tyson, CEO of BetaKillers and Director of CannaSys.
CannaSys firmly believes that cannabis becomes commoditized quickly as markets develop, and users, as a result, become more concerned with price, quality, and convenience than the brand of the retailer. Retailers that use our free loyalty service give their users the option to opt into the full Citizen Toke platform. If that user opts into the full platform, other products and brands can send marketing messages to that user through the flagship product, Citizen Toke blasts. In this way, retailers can become marketing intermediaries for user acquisition. In exchange, retailers receive unprecedented data to make their companies more valuable and competitive in the cannabis ecosystem.
Citizen Toke offers exclusive, instant, location-based, gamified promotions for cannabis retailers looking to more intimately connect with their consumers directly through SMS. Citizen Toke is an efficient means for retail centers to communicate exclusive promotions to their consumers and to extend brand awareness to current and potentially new customers. More details on the technology and business plan of Citizen Toke can be found at White Paper.
CannaSys and its board and senior management remain committed to creating long-term shareholder value and will provide timely updates to shareholders as they occur.
About CannaSys, Inc.
CannaSys is a technology solutions, marketing, and branding company. Its core products are delivered "software as a service" to facilitate point-of-purchase transactions and customer relationship marketing solutions. CannaSys plans to develop, acquire, and build strategic relationships with other businesses in order to bring additional solutions to market. For more information, please visit http://www.cannasys.com and http://www.citizentoke.com.
HMPQ IS IN RAPID EXPANSION MODE! COULD IT RALLY FROM SUB-PENNY PRICES AGAIN?
Hello Traders,
HMPQ (HempAmericana, Inc) is our New Epic Pick!
Last Price: .0089 | SEC Filings | Latest News
Begin your research at http://hempamericana.net
Just in time for Christmas, Today we're heading back into the wild world of the Medical & Recreational MARIJUANA Sector as it begins to heat up ahead of the 2018 Midterm Elections.
With 29 States now legalizing medical usage and 8 States + Washington DC legalizing for recreational use, the landscape is changing fast!
On tap for 2018 are Michigan, New Jersey, and Vermont. Legalization in NJ would essentially bring recreational marijuana to the Tri-State Area for the first time. Needless to say, this would be HUGE milestone for the industry to break into such a tremendous market!
So there may be no better time to put Today's Alert on your radar -- especially as it trades at bottom-barrel SUB-PENNY Prices!
INTRODUCING....HMPQ!
HempAmericana, Inc. (HMPQ) researches, develops and sells products made of industrial Hemp like its brand of hemp-based rolling papers known as "Rolling Thunders", Hemp Oil, and Hemp Supplements.
According to the company, the CBD Oil market is a $130 MIL market and growing fast with a tremendous backlog of demand as oppose to production.
The company's products are already in stores and available to purchase online via their website.
HMPQ - READY TO RALLY OFF SUPPORT AGAIN?
It's no secret that HMPQ has had a wild History of Rallies since coming to market in 2015.
HMPQ has historically rallied from these Sub-Penny levels multiple times. But what has changed in the last few months is the development of a long-term Bullish Trend (yellow line) that has acted as a strong support region and launching pad for many of it's recent rallies!
In fact, just this Summer, HMPQ saw a 300%+ Rally from .005's to highs of .023!
With 52 Week Highs of .048, a return to this level would give HMPQ up to 439% UPSIDE POTENTIAL!
So could HMPQ rise again off this Bullish Uptrend? Read on...
HMPQ - THE ONLY NAME TO KNOW IN HEMP
HempAmericana, Inc. (HMPQ) is currently in the rolling paper and CBD oil business using the brand name Weed Got Oil.
The company owns an extraction machine and now plans to become a leader in the CBD oil market by establishing three laboratories for the extraction and research of the oils contained in the hemp plant.
This Super Critical CO2 Extractor Machine is a 200-Liter machine that has an unmatched productive capacity and represents the largest machine ever produced by the manufacturer.
HMPQ products include:
ROLLING THUNDERS HEMP PAPERS
HMPQ's main product is its brand of hemp based rolling papers known as "Rolling Thunders" that are to be used for the smoking of tobacco and other legal substances.
Rolling Thunders is a wholly owned subsidiary of HMPQ that offers ORGANIC UNBLEACHED Hemp Rolling Papers.
CHECK OUT THIS ROLLING THUNDER ASH TEST VIDEO!
According to the company, Hemp Rolling Papers are Incredibly Smooth, 100% Organic, burn slower, and more "Healthful". Purchase them HERE
NUTRITIONAL HEMP HEARTS & FIBER SEEDS
HMPQ also provides effective hemp hearts and distributes hemp fiber which is the best source of fiber you can get.
Hemp Fiber comes in Powder Form and is All Natural, Nutritional, Helps Maintain Diet, Gluten Free, and Edible.
Hemp hearts, which are shelled hemp seeds, are one of the best supplements around to sustain good health and lifestyle. This medicinal product even helps you lose weight.
Hemp Hearts help in the Treatment of Disease, Regulate Blood Sugar, Control Blood Pressure, and Provide Energy.
PURE HEMP OIL
Organic cannabidiol (CBD) oil is good for all ages and can be put it in your food and drinks as well. HMPQ's CBD oil is available in strawberry, peach, and apple flavors.
Benefits:
Suppresses Appetite and Muscle Spasms, Reduces Blood Sugar Levels, Relieves Pain and Anxiety, Helps Kids with Epilepsy
How its developed:
The purity and the potency of each batch of Hemp Extract is analyzed through a High Pressure Liquid Chromatography (HPLC) system, a Gas Chromatography-Mass Spectrometry (GC-MS) system, and other methods to test for Aerobic Organisms, Yeast, Fungus, E. Coli, Pesticides, Heavy Toxic Metals, Cannabinoid Potency and terpenes.
The Cannabinoid Rich Oil is pure and consistent throughout every batch of CBD OIL made. Once the final CBD OIL Products are prepared, they are further analyzed, once again, for potency and purity. Every finished product contains what it claims and is free from potential contaminants.
HMPQ - READY TO EXPAND!
This month saw some big milestones for HMPQ.
Just last week, HMPQ secured sufficient necessary raw hemp material for initial production activities to be processed upon delivery of the Company’s new 200-liter Supercritical C02 Extractor machine in January, 2018.
"We have secured a 17k square foot facility and machinery capable of unmatched productive output at this point, and we have begun to coordinate our distribution network. Access to raw material inputs was really the only remaining obstacle to reaching our primary objective: firing up a world class CBD Oil production operation over coming months!”
HMPQ is expecting a financial yield of between $100k to $150k in revenues per week from initial operations.
THE BOTTOM LINEThe CBD Oil product market has been the fastest growing segment of the cannabis sector with estimates the hemp industry will grow to $1.8 BIL in sales by 2020, led in part by CBD oil-based products such as those set to be produced at HempAmericana’s new facility.
With the facility and machinery now in place, HMPQ appears to be all about EXPANSION and GROWTH.
"HempAmericana's new Zero Waste operation in Maine is only the beginning, with New York and Kentucky to follow."
With so much to look forward to in a High Growth Industry that could only get bigger, there may be no better time to check out HMPQ at SUB-PENNY prices.
Make sure you put it on your screen RIGHT NOW and Follow on Twitter for Updates + Play-by-Play!
Good Trading,
EpicStockPicks.com
--------------------------------------------------------------------------------
PR just came out!!!
HMPQ IS IN RAPID EXPANSION MODE! COULD IT RALLY FROM SUB-PENNY PRICES AGAIN?
Hello Traders,
HMPQ (HempAmericana, Inc) is our New Epic Pick!
Last Price: .0089 | SEC Filings | Latest News
Begin your research at http://hempamericana.net
Just in time for Christmas, Today we're heading back into the wild world of the Medical & Recreational MARIJUANA Sector as it begins to heat up ahead of the 2018 Midterm Elections.
With 29 States now legalizing medical usage and 8 States + Washington DC legalizing for recreational use, the landscape is changing fast!
On tap for 2018 are Michigan, New Jersey, and Vermont. Legalization in NJ would essentially bring recreational marijuana to the Tri-State Area for the first time. Needless to say, this would be HUGE milestone for the industry to break into such a tremendous market!
So there may be no better time to put Today's Alert on your radar -- especially as it trades at bottom-barrel SUB-PENNY Prices!
INTRODUCING....HMPQ!
HempAmericana, Inc. (HMPQ) researches, develops and sells products made of industrial Hemp like its brand of hemp-based rolling papers known as "Rolling Thunders", Hemp Oil, and Hemp Supplements.
According to the company, the CBD Oil market is a $130 MIL market and growing fast with a tremendous backlog of demand as oppose to production.
The company's products are already in stores and available to purchase online via their website.
HMPQ - READY TO RALLY OFF SUPPORT AGAIN?
It's no secret that HMPQ has had a wild History of Rallies since coming to market in 2015.
HMPQ has historically rallied from these Sub-Penny levels multiple times. But what has changed in the last few months is the development of a long-term Bullish Trend (yellow line) that has acted as a strong support region and launching pad for many of it's recent rallies!
In fact, just this Summer, HMPQ saw a 300%+ Rally from .005's to highs of .023!
With 52 Week Highs of .048, a return to this level would give HMPQ up to 439% UPSIDE POTENTIAL!
So could HMPQ rise again off this Bullish Uptrend? Read on...
HMPQ - THE ONLY NAME TO KNOW IN HEMP
HempAmericana, Inc. (HMPQ) is currently in the rolling paper and CBD oil business using the brand name Weed Got Oil.
The company owns an extraction machine and now plans to become a leader in the CBD oil market by establishing three laboratories for the extraction and research of the oils contained in the hemp plant.
This Super Critical CO2 Extractor Machine is a 200-Liter machine that has an unmatched productive capacity and represents the largest machine ever produced by the manufacturer.
HMPQ products include:
ROLLING THUNDERS HEMP PAPERS
HMPQ's main product is its brand of hemp based rolling papers known as "Rolling Thunders" that are to be used for the smoking of tobacco and other legal substances.
Rolling Thunders is a wholly owned subsidiary of HMPQ that offers ORGANIC UNBLEACHED Hemp Rolling Papers.
CHECK OUT THIS ROLLING THUNDER ASH TEST VIDEO!
According to the company, Hemp Rolling Papers are Incredibly Smooth, 100% Organic, burn slower, and more "Healthful". Purchase them HERE
NUTRITIONAL HEMP HEARTS & FIBER SEEDS
HMPQ also provides effective hemp hearts and distributes hemp fiber which is the best source of fiber you can get.
Hemp Fiber comes in Powder Form and is All Natural, Nutritional, Helps Maintain Diet, Gluten Free, and Edible.
Hemp hearts, which are shelled hemp seeds, are one of the best supplements around to sustain good health and lifestyle. This medicinal product even helps you lose weight.
Hemp Hearts help in the Treatment of Disease, Regulate Blood Sugar, Control Blood Pressure, and Provide Energy.
PURE HEMP OIL
Organic cannabidiol (CBD) oil is good for all ages and can be put it in your food and drinks as well. HMPQ's CBD oil is available in strawberry, peach, and apple flavors.
Benefits:
Suppresses Appetite and Muscle Spasms, Reduces Blood Sugar Levels, Relieves Pain and Anxiety, Helps Kids with Epilepsy
How its developed:
The purity and the potency of each batch of Hemp Extract is analyzed through a High Pressure Liquid Chromatography (HPLC) system, a Gas Chromatography-Mass Spectrometry (GC-MS) system, and other methods to test for Aerobic Organisms, Yeast, Fungus, E. Coli, Pesticides, Heavy Toxic Metals, Cannabinoid Potency and terpenes.
The Cannabinoid Rich Oil is pure and consistent throughout every batch of CBD OIL made. Once the final CBD OIL Products are prepared, they are further analyzed, once again, for potency and purity. Every finished product contains what it claims and is free from potential contaminants.
HMPQ - READY TO EXPAND!
This month saw some big milestones for HMPQ.
Just last week, HMPQ secured sufficient necessary raw hemp material for initial production activities to be processed upon delivery of the Company’s new 200-liter Supercritical C02 Extractor machine in January, 2018.
"We have secured a 17k square foot facility and machinery capable of unmatched productive output at this point, and we have begun to coordinate our distribution network. Access to raw material inputs was really the only remaining obstacle to reaching our primary objective: firing up a world class CBD Oil production operation over coming months!”
HMPQ is expecting a financial yield of between $100k to $150k in revenues per week from initial operations.
THE BOTTOM LINEThe CBD Oil product market has been the fastest growing segment of the cannabis sector with estimates the hemp industry will grow to $1.8 BIL in sales by 2020, led in part by CBD oil-based products such as those set to be produced at HempAmericana’s new facility.
With the facility and machinery now in place, HMPQ appears to be all about EXPANSION and GROWTH.
"HempAmericana's new Zero Waste operation in Maine is only the beginning, with New York and Kentucky to follow."
With so much to look forward to in a High Growth Industry that could only get bigger, there may be no better time to check out HMPQ at SUB-PENNY prices.
Make sure you put it on your screen RIGHT NOW and Follow on Twitter for Updates + Play-by-Play!
Good Trading,
EpicStockPicks.com
--------------------------------------------------------------------------------
Oh the weather outside is frightful but in here it's quite delightful, so if you know place to go Let it Run-Let it Run-Let it run.
INMG EOD high 0.0104 almost 10% up back to green. GLTAL
Totally different scenario this time 2018 will be huge California blows everything else in the past away. It's still to come not baked in as you say. MJ sector is going to grow and grow and grow, no stopping it now, just to big even the Feds know it and they will make MJ legal in 2018/19. Big money to be made in 2018 I hope you don't miss it. GLTAL MKTK
Hotdad and Earl talking about themselves LOL.
I'm anticipating next Friday to be a transition day, unlike all other Fridays in the last year. It will be the last chance to buy before Jan 1st, the day California goes completely legal. The big Kahona we have been all waiting for. Smart investors will start buying in, this and early next week. The Monsoon is coming people, don't miss the boat or you will drown in tears of sorrow. HMPQ will explode in 2018, I'm all in. GLTAL
Everything I own in the MJ sector in the red today, last ditch effort by MM to shake out weak hands. MJTK
With the coming mania it could get there a lot sooner then that GB. HMPQ
Study: People Prefer Legal Weed Over Alcohol
In a somewhat unsurprising study, findings suggest people prefer legal weed over alcohol.
https://hightimes.com/news/study-people-prefer-legal-weed-alcohol/
Is This Finally The Big Moment For Hemp? Pleas Read...
America has been slow to embrace hemp’s revolutionary, space-age applications—not to mention the billions of dollars that hemp production and processing could bring the nation.
Published
1 day ago
on
December 17, 2017
By
J.J. McCoy ?
Is This Finally The Big Moment For Hemp?
The extreme versatility and usefulness of hemp has seen an overdue resurgence in interest lately, which is rather remarkable considering that humans first began cultivating it about 10 millennia ago. Hemp is a variety of the Cannabis sativa L plant species, but—unlike the plant harvested for its flowers and high levels of tetrahydrocannabinol—it contains only trace levels of THC.
Traditionally used since the Stone Age as a source of food, fiber, medicine and building materials, hemp’s high tensile strength and natural water resistance led to its widespread maritime use in rope and canvas sails during the Age of Exploration. George Washington famously grew hemp at Mount Vernon, both as a cash crop and for use on the plantation itself. It is extremely versatile, and is grown and used worldwide in the development of numerous commercial applications including cannabidiol (CBD) oil, textiles, construction materials, nutraceuticals, body-care products, applied materials and industrial products.
University of Manchester researchers Andre Geim and Konstantin Novoselov’s cutting-edge work with graphene (a material 200 times stronger than steel, lighter than aluminum and more conductive than copper, and capable of being shaped into any form and used in batteries for “green” photovoltaic solar-energy systems) earned the pair their 2010 Nobel Prize in Physics. Following this, Dr. David Mitlin of the University of Alberta was awarded a patent for an economical method of manufacturing hemp into a material that shares many of the high-tech properties of graphene.
Now, since around the time Jay Leno posted an online video of himself test-driving a 2017 Renew sports car (with a chassis fashioned from 100 pounds of woven hemp), hemp is enjoying a bit of the limelight. After all, it’s more sustainable and 60 times faster to market than lumber (a hemp harvest equivalent to a 20-year lumber forest’s yield can be grown in four months). The environmentally friendly crop has proven to have more than 25,000 product applications. Industrial hemp is used to manufacture everything from rope and cloth to oil and soap.
ADVERTISEMENT
Is This Finally The Big Moment For Hemp?
Nationwide, hemp products account for about $688 million in annual domestic sales; yet while hemp has the potential to become a multibillion-dollar domestic crop, American manufacturers instead have had to rely entirely on imports of hemp from other nations—primarily Canada and China—because here it has been listed as a controlled substance under federal law.
Nevertheless, some sense is following the dollars. The Agricultural Act of 2014 signed into law by President Barack Obama allowed states to implement laws for their departments of agriculture and universities to grow hemp for research or pilot programs. Last July, New York Governor Andrew Cuomo signed legislation intended to carve out the Empire State’s primacy in hemp production. His signature amended an existing statute to categorize it as an agricultural product deserving the same status as other crops. It also encouraged research on hemp as a commercial commodity and established an industrial working group to advise the state on hemp research and policies. New York is establishing an industrial hemp-seed certification program, featuring a “one-stop shop” website to provide hemp producers and processors with information about pertinent state and federal regulations.
On the federal level, Senator Jeff Merkley (D-OR) introduced an amendment to an appropriations bill to allow farmers to grow industrial hemp in any of the 32 states where it is legal. The intention was to prohibit unnecessary interference by the federal government with any state’s implementation of laws authorizing the cultivation, growth, processing, manufacturing, use, possession, marketing, distribution or transportation of industrial hemp.
Up 15% someone just made a buy Vol 20425
READ THIS FROM TIME TODAY! California Is One Step Closer to Recreational Pot Sales
Time Michael R. Blood & Julie Watson / AP
Time•December 14, 2017
California Is One Step Closer to Recreational Pot Sales
More
(LOS ANGELES) — California on Thursday issued its first batch of business licenses for the state’s upcoming legal marijuana market, setting the stage for sales to begin in January.
The first temporary license was awarded to Pure CA, which does business as Moxie brand products, a company known for its cannabis extracts.
“I couldn’t be more excited,” said Moxie CEO Jordan Lams, who credited “a lot of the stars aligning” for being awarded the first distributor license for recreational pot.
“California has been without regulations for a very long time. So there is going to be a transition period,” he added, referring to the changes coming in 2018 with legal cultivation and sales.
The release of the initial 20 temporary licenses, good for 120 days, represents another steppingstone toward legal purchases, which were approved by voters last year.
“We plan to issue many more before Jan. 1,” Lori Ajax, the state’s top marijuana regulator, said in a statement.
The first license for recreational retail sales went to Torrey Holistics in San Diego, which submitted a 60-page lease, diagrams and a detailed business plan.
Tony Hall, who opened the shop two years ago with a college friend, said he sees recreational marijuana taking off like the wine and craft beer industries.
Customers go through an electronic security gate manned by a guard. Once inside, the business looks like a stylish pharmacy with wood floors and Christmas decorations.
“The taboo part is slowly going to be removed and this is going to be like any other business,” Hall said.
In general, California will treat cannabis like alcohol, allowing people 21 and older to legally possess up to an ounce and grow six marijuana plants at home.
Come January, the newly legalized recreational sales will be merged with the state’s two-decade-old medical marijuana market, which is also coming under much stronger regulation.
The state and local governments have been rushing to develop rules for the new industry. A patchwork is emerging with some cities embracing legal sales and others banning commercial pot activity.