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California high court to consider pot dispensaries
Court Watch |
2012/01/19 10:12
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The state's high court will attempt to clarify marijuana's hazy legal status in California.
The California Supreme Court on Wednesday voted unanimously to review how cities and counties regulate marijuana dispensaries.
The court will address whether local governments can bar the pot shops despite voter passage of Proposition 215, which legalized marijuana use with a doctor's recommendation.
The court also will consider the continued conflict between state and federal authorities, who don't recognize Proposition 215. Under federal law, marijuana is illegal in all forms.
An appellate court last year struck down Long Beach's attempt to license pot stores, ruling that the local ordinance conflicted with federal law. Another appellate court upheld Riverside's right to close and prohibit dispensaries. |
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Investment Fraud Litigation |
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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
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