Tag: CBT > State by State: California: Page 8

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

California

86% of Californians Who Consume Cannabis Believe It Is Important to Shop Legally

New research released by Department of Cannabis Control also finds 62% of Californians believe Proposition 64 has had a positive impact on the state.

February 26, 2024

California

New California Cannabis Dashboards Shed Light on Harvest Trends, Retail Prices, Sales

The state’s Department of Cannabis Control launched the public data site to provide useful intel for industry stakeholders.

February 21, 2024

California

New Report: High Entry Barriers to California’s Cannabis Market Impede Oversight, Market Viability

The Cannabis Policy Lab’s licensing and market access report analyses the state’s top challenges and recommends reforms.

February 16, 2024

California

Blüm Holdings Highlights Proposed Acquisition of Cookies Retail Location, 2 Others in Sacramento

The company unveiled its new brand: Turkey Bag Heroes.

February 14, 2024

California

Blüm Holdings to Acquire 3 Dispensaries in Northern California, Including Cookies Location

The company executed a binding letter of intent to add $14 million of retail revenue assets to its portfolio.

February 13, 2024

California

California Task Force Seized More Than $312 Million in Unregulated Cannabis in 2023

The Unified Cannabis Enforcement Taskforce seized nearly 190,000 pounds of cannabis and eradicated nearly 318,000 plants last year.

January 17, 2024

California

Only 18 of 38 Labs Compliant to Test California’s Cannabis Flower Under New Rule

The state’s standardized testing method for THC potency took effect Jan. 1, leaving more than half of licensed labs noncompliant to start the year.

January 11, 2024

California

California Lawmaker Reintroduces Cannabis Café Legislation

Assemblyman Matt Haney has filed a bill to legalize businesses where customers can enjoy food, nonalcoholic beverages and entertainment alongside cannabis after Gov. Gavin Newsom vetoed similar legislation last year.

January 8, 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

Alabama

CBT’s Most Popular Articles: December

Here are Cannabis Business Times’ most-viewed stories this month.

December 28, 2023

California

Cannabis Dispensaries Top Target for Labor Unions as More States Legalize

With the National Labor Relations Board adopting standards making it easier to organize, unions have recognized that now is the time to attack.

December 24, 2023