Posts Tagged ‘Cannabis Policy’

After the raid: The financial fallout for Oaksterdam and Oakland’s pot business

The mural at Oaksterdam's former location at 1600 Broadway has since been painted over by the building's new owner. Photo by Anne-Sophie Braendlin

Following the federal raid on Oaksterdam University last April, Dale Sky Jones found herself with an incredible task: rebuilding the school from the ground up. Not only had Richard Lee, Oaksterdam’s founder and director, just stepped down—assigning Jones to take over his role—but during the raid, federal agents had gutted the university entirely. As Jones took on the responsibility of providing for the students, staff and volunteers who had already signed on for the spring semester, the rest of Oakland’s burgeoning pot industry was left wondering what lay ahead for their businesses and whether they, too, were vulnerable to raids or legal action from the federal government.

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