Tag: CBT > California Cannabis Taxes

California

California Bill to Freeze Cannabis Excise Tax Breezes, 6-0, Through Another Committee

Revenue and Taxation Committee members voted unanimously to advance Assembly Bill 564 to prevent a 26.7% increase.

May 6, 2025

California

California’s Cannabis Excise Tax Will Increase by 27% on July 1, CDTFA Announces

Despite legislation aiming to prevent the tax hike, the state’s tax agency indicated its hands are currently tied.

May 2, 2025

California

California Lawmakers Vote, 15-0, To Repeal Cannabis Excise Tax Increase

The California Assembly Business and Professions Committee unanimously advanced legislation to prevent a 27% rate increase scheduled for July 1.

April 24, 2025

California

California’s 2nd Largest City to Hike Cannabis Tax 25% Amid $258M Deficit

San Diego City Council members approved a tax increase on cannabis retailers starting May 1 in hopes of closing the budget deficit.

March 11, 2025

California

60% of Cannabis Consumed in California Comes From Unregulated Market as Licensed Production Grows

The state issued a market outlook report that projects stabilizing prices, an industry value uptick, and growth in the licensed market in 2025.

March 4, 2025

California

As California Cannabis Rush Dries Up, Operators Look East

The Artist Tree, with nine dispensaries and two lounges, is searching for new opportunities, but there are fewer and fewer places for new stores in California.

March 3, 2025

California

California Bill Aims to Repeal Cannabis Excise Tax Increase

The legislation would block the current 15% retail tax from automatically jumping to 19% on July 1.

February 19, 2025

Cannabis Excise Tax

State Officials Continue Treating Cannabis Businesses as 'Piggy Banks' in 2025

California, Maryland, Maine and Mississippi are entertaining cannabis excise tax hikes this year that could put licensed businesses in jeopardy.

January 17, 2025

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