Tag: CBT > California Cannabis Taxes: Page 8

Fast Stats

California Bureau of Cannabis Control Awards Nearly $30 Million in Public University Research Grants

Eight public universities received money to study the state’s cannabis system and its impacts.

January 4, 2021

Fast Stats

California Collects $99 Million in Cannabis Cultivation Taxes in First Three Quarters of 2020

The California Department of Tax and Fee Administration reports collecting more than $41 million in cannabis cultivation taxes in Q3, the highest quarter for 2020 so far.

January 4, 2021

Legislation and Regulation

Election 2020: Cannabis Down-Ballot Race Results

We’re breaking down important cannabis legal measures in counties and cities.

November 4, 2020

Finance

California Cannabis Banking Bill Becomes Law

New rules in California will make it easier to strike up a financial relationship with a bank.

October 1, 2020

Cannabis Cultivation Tax

Working on a Dream

California, the largest licensed cannabis market in the world, can’t seem to compete with illicit activity. What’s the problem?

June 10, 2020

Arkansas

Cannabis Businesses Targeted in Looting and Robberies, Lawmakers in Connecticut and Iowa Approve Medical Cannabis Expansion: Week in Review

This week, dozens of dispensaries across the country were left reeling from thefts and break-ins amid protests denouncing the extrajudicial killing of George Floyd.

June 6, 2020

Finance

California Governor Warns of Declining Cannabis Sales Due to Coronavirus Crisis

Gov. Gavin Newsom has revised his proposed state budget to forecast less revenue from the state’s cannabis excise tax due to the pandemic.

June 4, 2020

Finance

California Regulators Offer 60-Day License Fee Deferrals to Cannabis Businesses During COVID-19 Pandemic

The deferrals, which apply to businesses with state licenses that expire between now and June 30, are meant to provide financial assistance to licensees affected by the coronavirus crisis.

May 18, 2020

Legislation and Regulation

Illinois Delays Awarding New Cannabis Dispensary Licenses, Canopy Growth Lays off 200 More Workers: Week in Review

This week, Illinois regulators planned to issue 75 adult-use dispensary licenses, but instead announced that they will now wait until the governor’s disaster proclamation expires.

May 2, 2020

Finance

California Offering $50,000 ‘Bridge Loan’ for Small Businesses, Including Cannabis Industry

With a sales tax deferral and an opportunity to hold back thousands of dollars, California is offering some relief for small business owners.

April 30, 2020

Legislation and Regulation

Following Nearby Destruction of 500-Acre Hemp Crop, Arvin, Calif., Moves to Regulate Industry

The city aims to have local jurisdiction over growers and manufacturers, as well as work with them to obtain tax revenue and support the community and environment in other ways.

April 29, 2020

Legislation and Regulation

California Governor Proposes Consolidating Three Cannabis Licensing Authorities

Changes also include new tax structures that shift responsibility to retailers.

January 13, 2020