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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
