Tag: CBT > California Illicit Cannabis Market: Page 7

Finance

San Francisco Suspends Cannabis Business Tax Through December 2022, Citing Strength of Illicit Market

City supervisor Rafael Mandelman said the tax suspension would help licensed businesses compete and, ideally, thrive against the pull of the illicit market.

December 9, 2021

Interviews & Opinion

9 Trends and Predictions for the Cannabis Industry in the New Year

We predict that 2022 will be another favorable, yet unpredictable, year for the cannabis industry, which is expected to hit $30 billion in sales.

December 6, 2021

California

Over 18,000 Illegal Cannabis Plants Seized in San Bernardino County, California

Operation Hammer Strike week-nine eradication efforts uncover 104 illegal greenhouses.

November 1, 2021

California

Operation Hammer Strike Strikes Again; Over 60,000 Illicit Cannabis Plants Seized in Weeks Seven and Eight

Officials eradicated 319 greenhouses, six indoor grow facilities, and one THC extraction lab in a two-week period of the investigation.

October 25, 2021

California

Operation Hammer Strike Discovers Nearly 64,000 Illegal Cannabis Plants

Officials mitigated 413 greenhouses in weeks four, five and six of the investigation.

October 14, 2021

Compliance

30,000 Illegal Cannabis Plants Seized in California

Law enforcement also seized 6,000 pounds of processed cannabis and about $19,000 in cash.

September 21, 2021

California

The Ongoing Work of Cannabis Regulations Following the California Governor Recall Vote: Week in Review

After Gov. Gavin Newsom survived his recall vote, there's a lot of work to do.

September 18, 2021

California

Law Enforcement Seizes Cannabis from Illegal Grows in Oregon, California: Week in Review

$50 million worth of cannabis was discovered at a large-scale facility in Oregon that was disguised as a legal hemp operation, while 1,335 pounds of cannabis was confiscated from an illegal grow in California.

September 11, 2021

Cannabis Cultivation Tax

California Cannabis Industry Has Provided $2.8 Billion in Tax Revenue Since 2018

The state posted record sales and revenue figures in second quarter.

September 8, 2021

California

1,335 Pounds of Processed Illegal Cannabis Discovered in California

Deputies arrested and cited 12 individuals for “suspicion of cultivation of cannabis over California's six-plant maximum.”

September 7, 2021

California

California Cannabis Company Sues Tennessee Titans’ Julio Jones and His Former Atlanta Falcons Teammate, Roddy White, Over Illegal Cannabis Sales

The duo is accused of illegally harvesting and selling millions of dollars’ worth of cannabis in California.

August 2, 2021

Legislation and Regulation

LA County Board of Supervisors Agree to Reconsider Cannabis Regulations Following Invasion of Illegal Cannabis Grows

The agreement came after law enforcement seized $1.2 billion of illegal cannabis in Southern California.

July 19, 2021