California

Thu
14
Jan

California Cannabis Executive Petitions Trump To Release Nonviolent Cannabis Offender

lady justice statue  in gold

A California cannabis industry executive is calling on President Donald Trump to use his executive power in the waning days of his presidency by issuing a pardon to a nonviolent cannabis offender. Kyle Kazan, the CEO of vertically-integrated cannabis company Glass House Group, issued the plea for clemency for Parker Coleman, Jr. in an open letter to the president.

Wed
13
Jan

Why You Can’t Smoke Cannabis in Public (Even in States Where Marijuana is Legal)

a cannabis joint on a beach

If you’ve never visited a state where cannabis is legal (and you’ve never been to Canada), you might imagine the fully-legal corners of the world as hash heaven – people picnicking with joints in hand, basking in Bob Ross-like golden rays of sunshine and the sweet freedom that comes from being able to light up whenever you please.

We hate to be the bearer of bad tidings, but that’s not the reality – like, at all.

Tue
12
Jan

California Cannabis: What To Watch For In 2021

someone holding a glowing crystal ball

It goes without saying, but 2020 was a pretty wild year for the California cannabis and hemp industries. We think 2021 will be a pretty active year and want to list out some things to watch out for as we kick off the new year.

Agency Consolidation: It was announced in January 2020 that California’s three cannabis agencies’ regulatory authority would be consolidated into a single, new agency, the Department of Cannabis Control. We expect that there will be significant efforts in 2021 to make this happen, which will be a big shake-up for California’s regulated cannabis industry.

Mon
04
Jan

Cannabis: 4 things to watch for in 2021

shelves filled with cannabis and customers in the background

Making predictions about California’s marijuana industry was a challenge even before a global pandemic changed everything.

It’s not just that the legal cannabis market, which launched three years ago in California, is so new. It’s also the singularity of an industry in which licensed, legal operators still compete against a much larger illicit market, even as the industry’s core consumer product — which is medicine for some people — remains illegal at the federal level.

Tue
22
Dec

Still Standing: Northern California’s 2020 Harvest In Review

two men handling broken marijuana plants

The harvest was glorious, mellow and abundant. It was sunny and mostly warm up until the first week of November, when forecasts of the first rain and then a hard frost mandated that we cut the final cultivar a few days early. 

Other than the unfortunate farms that burned and lost their whole crops, and some other growers in the immediate area who were smoked out, the 2020 California sungrown cannabis crop doesn’t seem to have suffered much testable damage.

Swami deleafing after harvest.

Photo Nikki Lastreto

Tue
22
Dec

Yuletide High: Cannabis Tops Christmas Gifts, Reveals Survey

Santa Claus Delivering gifts

Even during a pandemic, 'tis the season of giving and gifting loved ones with cannabis seems to be the latest holiday trend. That finding is from a new poll conducted by Glass House Group, a California-based cannabis and hemp company, which runs several dispensaries and a couple of grow sites.

Tue
22
Dec

Cannabis Tax Revenues Climbing in California

a marijuana plant up close

The sale of cannabis in California went legal in 2016, and retailers were able to open their doors two years later. Along with the legal retail sale of cannabis came two new taxes — a cultivation tax on all harvests and an excise tax on the purchase of weed and products made with it; the usual sales taxes, both state and local, also applied. They add up, and in the third quarter of 2020, California’s total cannabis tax revenue was $306.7 million. Of that amount, the state gained sales and excise tax on $11 million worth of retail cannabis sold in cities in Santa Barbara County.

Thu
17
Dec

California Cannabis Industry May See Loosened Regulations

worker cutting up marijuana leaves

The Bureau of Cannabis Control‘s Cannabis Advisory Committee approved recommendations that would relax several regulations for the California cannabis industry, aimed at helping struggling cannabis businesses. The recommendations were included in the state panel’s annual report.

While arguably the largest state market for cannabis in the United States, California legal cannabis businesses struggle with competition from illegal cannabis sellers, among many other obstacles to expanded profitability. Though classified as essential services by the state, the businesses also have been affected by the COVID-19 pandemic and new public health requirements for retail and manufacturing industries.

Wed
16
Dec

California On Track To Collect $1 Billion In Cannabis Taxes

stack of money with cannabis buds

California’s booming cannabis industry has been around much longer than many in the United States, and now, the state is on pace to collect as much as $1 billion in taxes from sales made in 2020, a record landmark for the local industry. 

Fri
11
Dec

California on track to collect $1 billion in cannabis taxes in 2020

marijuana leaf close up

California is on pace to collect $1 billion in taxes from licensed cannabis sales in 2020, even amid challenges of the coronavirus pandemic and a still thriving black market for it, Gov. Gavin Newsom’s senior adviser on cannabis business said Thursday.

The rate of legal sales has increased this year, and in the third quarter the state fetched $306.7 million in excise, cultivation and sales taxes, bringing the overall year-to-date total to $777 million, said Nicole Elliot, who delivered the keynote during a virtual regional cannabis conference sponsored by the North Bay Business Journal.

“This puts the industry on track to generate closer to $1 billion this year, which is quite impressive,” Elliot said.

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