Tag: CBT > California Cannabis Taxes: Page 2

California

Michigan Dispensaries Set Monthly Sales Record in August, Closing Gap on California

The Wolverine State’s licensed cannabis facilities broke a single month record for revenue and flower pounds sold.

September 11, 2024

California

California County to Lower Cannabis Cultivation Tax as Outdoor Flower Price Drops to $277 Per Pound

The tax rate per square foot is set to decrease for outdoor, indoor and mixed-light cultivation in Sonoma County’s unincorporated areas; retail tax will increase.

April 26, 2024

California

The State of Federal Cannabis Reform Leads CBT’s Most-Read Articles in April

4/20 deals and events, California tax defaults, and nationwide municipal opt outs also highlighted Cannabis Business Times’ most popular stories this month.

April 25, 2024

California

15% of California Cannabis Businesses Default on Taxes as 2025 Hike Comes Knocking

With nearly a quarter-billion dollars of 2023 cannabis taxes in default, the state’s market could corrode further with an excise tax increase to 19%.

April 11, 2024

California

Annual Cannabis Licensing Fee Could be Slashed $100K+ in California’s Highest-Taxed City

Five San José City Council members support a fee reduction, recognizing that the cannabis industry 'should be treated like any other business entity.'

March 19, 2024

California

California’s Adult-Use Cannabis Market Eclipsed $5.1 Billion in ‘Taxable Sales’ in 2023

The state’s tax department released year-end figures showing a 4.7% year-over-year decline.

February 27, 2024

Cannabis Retail Price

Rescheduling, Legalization Prospects Top CBT's Most-Read Articles in January

Here are Cannabis Business Times’ top 10 stories this month.

January 25, 2024

Legislation and Regulation

Cannabis Retailers Now Massively Overpaying Excise Tax, California Lawsuit Claims

Catalyst Cannabis Co. is suing the state’s tax department over “emergency” regulations regarding how cannabis accessories are taxed.

January 4, 2024

California

California Cannabis Dispensaries Report $1.25 Billion in 3Q Sales

The nation’s largest cannabis market is on pace for $5.2 billion in adult-use sales for 2023, representing a 4.4% decrease from 2022.

December 1, 2023

California

WATCH: California Attorney General Bonta Announces New Program to Address Illicit Cannabis

As part of the new program, Rob Bonta debuts a partnership between the California Department of Justice and the City of Fresno.

September 1, 2023

California

California Cannabis Sales: A Midyear Review

The state’s licensed retailers experienced a slight rebound in the second quarter of 2023, but per capita figures still lag behind legalization peers.

September 1, 2023

Growing Pains

How Taxing THC Could Support Industry Growth and Progress

As cannabis markets open, THC can create controversy and limit product diversity. CBT Columnists Robert C. Clarke and Mojave Richmond explain why a tax system based on the compound’s potency could promote development and reduce the overall burden on the industry.

August 23, 2023