Blog Posts in Cannabis Business Law

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Cannabis Tax Hike Worries California Business Owners January 6, 2020
In November, California officials announced that taxes for cannabis excise and cultivation will increase next year. The excise tax will increase from 60% to 80% on New Year’s Day, while cultivation ...
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Cannabis Sales Increase Up to 53% Before Christmas December 31, 2019
According to data from the Seattle-based cannabis analytics firm Headset , recreational cannabis products increased by a range of 11% to 53% in 2018 during the pre-Christmas week when compared to ...
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House of Representatives Expected to Vote on Landmark Cannabis Banking Bill September 20, 2019
A new measure that would allow banks to serve business owners in the cannabis industry might finally be put to vote in the U.S. House of Representatives this month. If approved, cannabis businesses ...
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California Marijuana Retailers Can Now Use Cash Deposits at Banks June 19, 2019
The California Senate unanimously passed a bill that will start letting banks and credit unions accept cash deposits from marijuana retailers. The bill passed with a 35-1 vote. Under SB-51 , banks can ...
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Major Marijuana Business News for April 2019 May 15, 2019
Top Marijuana Business News for April 2019 To help keep you up to date with the latest cannabis industry news, we review some of the biggest headlines from the month of April. Pax Labs Raises Record ...
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Cannabis Distributors Worry "Double Taxation" by Cities will Strain Legal Marijuana Industry May 3, 2019
Cannabis distributors are warning other business owners in San Diego about what they are calling a “double-taxation” situation that has significantly raised the cost of doing business. Distributors ...
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