Over the past few years, the California cannabis industry has experienced significant changes as new legislation and events continue to shape the landscape. The Golden State has been leading the charge in setting a precedent for other states considering cannabis legalization and regulation. However, despite its progress, the industry faces its fair share of challenges,…
Continue reading ›California’s cannabis industry has been experiencing significant challenges in recent years. Despite the state’s efforts to strengthen the legal cannabis market by implementing new measures, local opposition and federal limitations continue to hamper the industry’s growth. Some experts argue that excessive taxation has partly contributed to the persistence of an illicit market, which currently accounts…
Continue reading ›Taxes are a part of everyday life, and while you may be familiar with income taxes and sales taxes, there’s another type of tax that might not be as well-known: excise taxes. In this blog post, we’ll dive into what excise taxes are, their impact on your daily purchases, and the role they play in…
Continue reading ›Prop 64 The passage of Proposition 64 in California, also known as the Adult Use of Marijuana Act (AUMA), marked a turning point in the state’s approach to cannabis. Legalizing adult-use cannabis in the Golden State, Proposition 64 not only transformed the industry but also paved the way for a regulated cannabis market. In this…
Continue reading ›Recent Trends in Cannabis California’s regulated cannabis market has come a long way since the passage of Proposition 64 in 2016, which legalized adult-use cannabis in the Golden State. Since then, the industry has continued to evolve, with new trends, regulations, and market forces shaping its growth. As we delve into 2023, let’s take a…
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