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Blog Posts in Marijuana

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  • Weedmaps Investigation Threatens Black Market & Encourages Licensed Businesses
    Weedmaps Investigation Threatens Black Market & Encourages Licensed Businesses

    One bewildering contradiction in the U.S. marijuana industry is the fact that cannabis is legal in some states but federally prohibited in all areas. Fortunately, the Justice Department has adopted a ...

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  • Cannabis Industry Looks to Governor Newsom for COVID-19 Relief
    Cannabis Industry Looks to Governor Newsom for COVID-19 Relief

    In March, California Governor Gavin Newsom included the cannabis industry in the list of essential businesses that can remain open during the COVID-19 shutdown. Yet cannabis businesses throughout the ...

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  • Cannabis Tax Hike Worries California Business Owners
    Cannabis Tax Hike Worries California Business Owners

    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
    Cannabis Sales Increase Up to 53% Before Christmas

    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
    House of Representatives Expected to Vote on Landmark Cannabis Banking Bill

    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
    California Marijuana Retailers Can Now Use Cash Deposits at Banks

    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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