Posts Tagged: market
News
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.
News
One of the nation’s leading regenerative medicine industry groups is touting multi-billion dollar savings that may be achieved with the type of stem cell and gene therapies that are being developed with cash from California’s financially beleaguered stem cell program.
Opinion
OPINION: Headlines continue to scream about the price of prescription medications skyrocketing. But here is some good news about drug costs: the price of generic medicines is falling. Fast. In California, generic prices decreased on average 15 percent per year over the last several years. California residents spent $24 billion less on generics than on brand prescriptions in 2018.
Opinion
OPINION: As firefighters from across the West come together to battle wildfires, and legislators meet for their last week of this year’s legislative session, our state’s leadership has before them a real opportunity to take decisive action to help mitigate the climate trends that are weighing on our state today.
News
The new law gives consumers the right to access their personal information collected by big businesses. It gives them the right to delete it, the right to know what information is being sold and the right to stop businesses from selling their information. It also prohibits businesses from selling the personal information of youth under 16 unless they opt in.
Recent News
Some folks in Europe are worried about stem cell research, particularly about organizations like California’s $3 billion stem cell agency. The alarm was sounded just yesterday in Horizon, which calls itself “The EU Research and Innovation Magazine.”
News
Will you (OK, your grandchildren) someday take a vacation jaunt to Mars? Or maybe move there permanently? You will if California’s 0utside-the-box-thinker Elon Musk and his competitors have their way. Non-passenger commercial space activity is already big business. Musk’s SpaceX company launches satellites into orbit, charging commercial customers $62 million per launch to as much as $20 million more for more complicated tasks, such as resupplying the International Space Station.
News
At the heart of California’s Emerald Triangle is Humboldt County, a legendary locale in the world of weed, as prized by marijuana aficionados for its cannabis as Napa Valley is for its wine. “Humboldt is the absolute, undisputed leader in cannabis,” said Luke Bruner, a local resident who has advised state and local officials on marijuana issues.
Opinion
OPINION: With the clock ticking down to the end of this year’s legislative session, our leaders in Sacramento are debating initiatives that will put more clean cars on the road, boost air quality and innovation, and improve the health of our residents. We must take advantage of this brief window of opportunity to recalibrate the state’s primary mechanism for encouraging electric vehicle adoption – the Zero Emission Vehicle (ZEV) credit system.
Opinion
OPINION: When the California Air Resources Board released the results of its May auction of carbon allowances, audible gasps from around the state could be heard from the space station. I kid – but only just a little. The auction results did in fact create a great shock: many had expected at least half a billion dollars to be collected at the quarterly auction, but the auction generated only about ten million dollars. But here’s the truth: The super-low May auction result should actually help the State’s legal defense of cap-and-trade.
Commercial marijuana being dried at a California facility. (Photo: Shutterstock)
