Posts Tagged: cannabis

News

In a wobbly cannabis market, complaints intensify

A cannabis plant growing in northern California. (Photo: King Dragon, via Shutterstock)

The headlines were attention-grabbing; some were scary: “What will your mother say when she finds your corpse?” “The weed with roots in hell.” “Assassin of Youth.” They were, of course, all about marijuana. Movie producers discovered they could sell more tickets if their advertisements promised audiences lots of dissolute youth.

Opinion

CA cannabis: Tax hikes, but improved standardized testing

Marijuana, cannabis, flowering plant as medicinal medicine, grass in sunset sunlight

OPINION; California cannabis regulations are taking one step forward and two steps back. Two landmark – and at times polarizing – pieces of legislation for California’s cannabis market are currently making waves: The state is set to raise the cannabis cultivation tax while regulators have announced plans to standardize cannabis testing.

News

California’s marijuana market heads into a difficult 2022

Commercial marijuana being dried at a California facility. (Photo: Shutterstock)

With cannabis taxes to rise on Jan. 1 and a legitimate business landscape plagued by a thriving black market, California’s marijuana industry faces uncertainty. The tax hike — like others before it — stems from a state law requiring the California Department of Tax and Fee Administration to recalculate the cultivation tax rates once a year because of inflation.

Opinion

Labor, business together on cannabis retail

An illustration of cannabis in California. (Image: Bruce Stanfield, via Shutterstock)

OPINION: When California voters passed Proposition 64 in 2016, they envisioned a robust legal cannabis market with substantial tax revenue for our state, improved access, and relief for communities of color who have been disproportionately impacted by the failed “War on Drugs.” Almost three years later, we see a cannabis market constrained by local bans on retail sales and frustratingly slow licensing processes. An alarming 77 percent of California cities have banned cannabis retailers altogether

Opinion

Tax break for cannabis firms is just first step

An indoor cannabis farm in California. (Photo: Mitch M., via Shutterstock)

OPINION: California’s legal cannabis industry is in a state of disarray. The market is chaotic, the regulatory landscape is in a constant state of flux, and at the same time, the black market continues to flourish. Consumers find themselves with limited access to quality and safe products as businesses struggle to stay afloat and keep up with a moving target.

News

Doing a weed start-up? Wait in line

An illustration of a California highway sign depicting cannabis legalization.(Image: Rex Wholster

Though recreational marijuana has been legal in the state since January, good luck trying to open a marijuana business in much of the state. The state gives local jurisdictions the power to decide what type and how much cannabis businesses to allow. While big cities like San Francisco and San Jose allowed commercial activity right away, many other communities have banned it or are still debating how much to let in

News

Cannabis revenue coming up short

A flowering marijuana plant in a California destined to be used for medicinal purposes in California. (Photo: PRO Stock Professional

The California cannabis conundrum: A lot more weed, a lot less money. Since Proposition 64 took effect earlier this year, the cannabis industry has raked in nearly $135 million of revenue for the state through sales taxes, not including local jurisdiction taxes. Even with increased sales each quarter, some officials are calling the revenue “substantially below projections.”

News

Surfer Dana Rohrabacher faces the ‘blue wave’ — and more

Rep. Dana Rohrabacher at an April 26 news conference on medical cannabis reform. (Photo: Bill Clark, CQ Roll Call, via AP)

After 30 years in office, Orange County Republican Congressman Dana Rohrabacher is facing his toughest re-election. Rohrabacher, 70, is being challenged by more than a dozen people in the June primary, including his former ally, Republican Scott Baugh.

Opinion

Cannabis: Locals must not neglect small businesses

An indoor marijuana grow in California. (Photo: Mitch M., via Shutterstock)

OPINION: No one expected California’s legalization of recreational cannabis, barely two months’ old, to be without plenty of problems. In a mixed metaphor so often the trait of politicians, state Sen. Mike McGuire noted, “… as I have always said, this is a tall mountain to climb and we are currently building the airplane and flying it at the same time.”

Recent News

California’s ‘green rush’ cranks up

An indoor cannabis-growing operation in California. (Photo: Seastock, via Shutterstock)

The flood gates are about to open for California’s new commercial cannabis industry, as the state rushes to assemble temporary licenses for businesses looking to open on Jan. 1. California delivered its first batch of commercial cannabis licenses last week with the approval of 30 temporary licenses for cannabis businesses across the state.

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