Tag: CBT > California Cannabis Taxes: Page 3

Growing Pains

Taxing THC: Leveling the Playing Field, Part I

How would a federal cannabis tax fit in to the already complicated patchwork of state and local rates? Alcohol and tobacco policies may provide clues.

June 29, 2023

California

California’s Cannabis Tax Revenue Sinks to 13-Quarter Low; Excise Tax Reporting Shifts

Licensed operators have provided nearly $4.9 billion in total tax revenue to the state since adult-use sales launched in 2018.

May 24, 2023

California

Q&A With 'Can Legal Weed Win?' Authors Robin Goldstein and Daniel Sumner

The legacy cannabis market continues to attract consumers and compete with licensed operators. Here, the University of California, Davis economists explain what is happening.

February 13, 2023

Solventless Extraction

Make Way For the Next Cannabis King

Flower will not always have the throne. What will replace trimming, drying and curing to create future products, and what hurdles stand in the way?

January 6, 2023

Legislation and Regulation

California's Cannabis Market: 2022 Year In Review

Numerous challenges marred the world's largest cannabis industry in 2022, but there's hope regulatory changes could bring relief and reenergize the market in 2023.

December 29, 2022

Finance

California Cannabis Sales Hit 9-Quarter Low

The world’s largest legal market has also experienced declining tax revenues for five straight quarters.

November 21, 2022

Legislation and Regulation

LA County’s Measure C Passes, Establishing Tax Structure for Cannabis Businesses in Unincorporated Areas

The measure would impose a “relatively low” tax rate for retail, cultivation, manufacturing, testing, distribution and cannabis-related businesses in these areas when they are permitted.

November 11, 2022

Cannabis Excise Tax

Taxes: Comparing Cannabis With Alcohol

Cannabis excise tax revenues outpaced alcohol in seven adult-use states in 2021.

October 6, 2022

California

California Department of Cannabis Control Solicits Proposals for Cannabis-Related Research

DCC will fund up to $20 million in cannabis-related academic research by California public universities.

October 5, 2022

California

San Luis Obispo County Board of Supervisors Approves New Cannabis Tax Compliance Program

The new required fee for licensed cannabis businesses operating in the unincorporated areas of the county will take effect Oct. 14.

September 30, 2022

California

California Q2 Cannabis Sales Up, Taxes Trend Down

The state’s adult-use cannabis sales rebounded slightly to $1.2 billion, a 2.9% increase from the previous quarter; taxes continue on four-quarter dip.

August 29, 2022

Legislation and Regulation

Los Angeles County Voters to Decide on Cannabis Taxes in Unincorporated Areas This November

The proposed measure will be placed on the Nov. 8 ballot and will require a majority vote to pass.

August 12, 2022