Tag: CBT > California Cannabis Taxes: Page 5

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Change Ahead?

June 2, 2022

Cannabis Sales Trends

California Cannabis Sales Dip to Lowest Mark Since 2020 Q2

The sales downtrend for the state’s legal market comes as state regulators licensed a record number of retailers in the first quarter of 2022.

June 1, 2022

Legislation and Regulation

Santa Barbara County Board of Supervisors Votes Against Changing Cannabis Cultivation Tax

The current taxation system, which is based on the self-reported dollar value of the crops, will remain intact for now.

May 18, 2022

California

UPDATE: California Governor’s New Budget Proposal Calls For Fewer Taxes, More Retail, New Method of Excise Tax Collection and Remittance

The revised proposal includes setting the cultivation tax at zero, moving the excise tax collection and remittance from distribution to retail, and funding jurisdiction to increase consumer access to legal cannabis.

May 13, 2022

Ecommerce Cannabis Market

California’s Small Cannabis Farmers Form Digital Cannabis Marketplace

Emerald Road, a cryptocurrency-exclusive, blockchain-backed e-commerce platform, allows consumers to interact with farmers and purchase product for delivery.

May 12, 2022

Finance

New Study Finds Keeping or Eliminating California’s Cannabis Cultivation Tax Yield Similar Revenues

The Reason Foundation’s analysis comes as the state’s Department of Cannabis Control picks up momentum on retail licensing.

May 11, 2022

Finance

Cannabis Excise Tax Revenue Outpacing Alcohol in 7 States

And yet tobacco remains the leader of the sin tax pack in the U.S.

April 26, 2022

Finance

These 8 States Sold $12.8 Billion of Adult-Use Cannabis in 2021

Colorado’s per-capita sales estimate of $429 for its 21-and-older population topped the chart.

April 4, 2022

Cannabis Retail Price

Artificial Barriers

March 30, 2022

Cannabis Cultivation Tax

Out of the Shadows

David Holmes once operated in secrecy to avoid legal landmines in California’s murkily regulated, pre-adult-use ‘gray market.’ After a 2013 raid derailed his business and threatened to destroy his family, he launched his Clade9 brand, and rebuilt his cannabis career and his life.

March 30, 2022

Interviews & Opinion

10 Years In The Making: Q&A With G Pen CEO Chris Folkerts

As Grenco Science, the company behind the G Pen, celebrates its 10-year anniversary, founder and CEO Chris Folkerts reflects on his journey through cannabis, the California market, and more.

March 29, 2022

Legislation and Regulation

California Tax Department Auctions Off Illicit Cannabis Property

The California Department of Tax and Fee Administration sold commercial property in Whittier, where operators owed more than $850K in taxes.

March 24, 2022