Stories you shouldn’t miss:
1. The Oakland City Council is poised to authorize, tax, and regulate four large medical cannabis farms tonight in hopes of raising millions in tax revenues. However, the proposal by Councilmembers Rebecca Kaplan and Larry Reid has drawn opposition from mid-sized medical marijuana growers who worry they’ll be squeezed out of business. Kaplan, as a result, plans to propose licensing regulations for mid-sized growers this fall. In addition to growing cannabis, the four large farms likely will produce oils, tinctures, and baked goods made from marijuana and will be authorized to sell to any cannabis dispensary in the state. The city projects that over time, the large farms could generate $38 million a year in tax revenues for Oakland.
