Tag: CBT > California Cannabis Taxes: Page 2

California

California Offers Tax Relief to Businesses Impacted by Los Angeles Wildfires

In response to the recent wildfires, the state has extended the Jan. 31, 2025, sales-and-use tax filing deadline for Los Angeles County taxpayers until April 30, 2025.

January 13, 2025

Top Stories

California Cannabis Operators Face New Obstacles in 2025 as Governor Touts Seizures

Gavin Newsom called an operation in East Oakland ‘proof’ of the state’s dedication to regulated businesses, but licensing hurdles and tax hikes persist.

January 2, 2025

Top Stories

California’s Cannabis Crackdown Leaves Underlying Problems Unaddressed

Gov. Gavin Newsom says the state’s enforcement of illicit operations supports the integrity of the licensed cannabis market amid industry struggles.

October 23, 2024

Top Stories

Eaze ‘Winding Down’ Operations, Will Update Employees About Cannabis Delivery Service’s Future

The company’s management is working with new ownership to determine if operations will reopen in 2025.

October 8, 2024

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