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Newsom Signs Bill Reversing California Cannabis Tax Increase

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Newsom Signs Bill Reversing California Cannabis Tax Increase

California officially eliminated a 25% increase in tax on the legal branch of Kanabis on Monday, signature by Governor Gavin Newsma by the Assembly 564.

Bill Has passed on September 11 with a vote 39-1 in the state Senateafter it passage in Assembly in June with voting 74-0.

AB 564AUTHORED by AssemblyMiblymember Matt Haney (D-San Francisco), Reversees an increase to the exceaque paid by consumers at dispensaries to 19%, and keeps the previve rate of 15% thong. Increased in 2022 After the State Eliminated A Cultivation Tax Placed On Growers, who are getting the Squeezed As Prices of Wholesale Cannabis Dropped While The Cultivation Tax Adjusted Upward with Inflation.

Additional costsmade legal cannabis more expensive than one that can be found on the black marketBreaking the state’s efforts to transfer users from illegal sources to the legal market of the cannabis.

“We refuse this increase in the cannabis tax so that the legal market can continue to rise, consumers can access safe products, and our local communities see benefits,” NEWSOM said in the prepared statement.

To read the rest of this article on CBS News, Click here

Message Signs of Newsom Law appeared first further Retail Marijuana Retail Report – News and Information for Cannabis sellers.

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American Cannabis News

Cannabis Sales Were Soft Again – New Cannabis Ventures

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Cannabis Sales Were Soft Again – New Cannabis Ventures

The new Cannabis Ventures offers readers this easy reading of BDSA’s Cannabis for 15 monthly data states.

The sale of Cannabis in August increased by 0.5%, which decreased for 2.7%. In this review, we share the results by the state, from Western markets, then concluding with the Eastern markets. In general, BDSA estimates that the sale in 15 markets in July amounted to $ 2.20 billion, which increased by 6.3% a year ago. Excluding the great interest in New York, which I explain below has increased by 1.6%.

Western markets

BDSA provides coverage for Arizona, California, Colorado, Nevada and Oregon. In August, the growth of year was negative in all 5 states, except for the one, for which the growth rate was 1.4% in California. Growth in all these countries has increased successively.

Eastern markets

BDSA provides coverage of Florida, Illinois, Maryland, Massachusetts, Michigan, Missouri, New Jersey, New York, Ohio and Pennsylvania. In August, the growth of year was ranging from Michigan to Up to + 989.6%, which was the sale of its adults, which included BDSA since January, but first of all included a few months ago. Ohio began the use of adults in August and was growing quite high in the previous months. It should be noted that in Florida and Pennsylvania are medical markets. Sequential growth was the negative five market and fell in these five markets based on the day. The annual growth remained except for three states. We warn about Florida, which can be slowed down, despite the strong growth of the dispensary and the scope, competitive pressure, and it was less than two years ago in the beginning of this year. The state has never seen a decline until March.

For readers who are interested in a deeper form Cannabis markets in these fifteen countries And moreover, including additional product categories, brand and product details, longer history and product features, learn how BDSA solutions can provide you with actions and analysis.

Alan-Browntyin, CFA

Based on the Houston, Alan cries out his experience as the founder of the online community 420 InvestorThe first and still the biggest decent diligent platform focused on the shares sold in the cannabis industry. Alan continues to find new ways to connect industry and facilitate its sustainable growth in the Canepuni community. Approximately New hemp enterprisesHe is responsible for content development and strategic alliances. Until the early 2013 focuses on the cannabis industry, Alan, who began his career in Wall Street, worked as more than two decades of research and portfolio. Article 650 of the Article 650 published in 2007 Looking for alphaWhere he has 70,000 followers, Alan is a frequent speaker for industry conferences and a Frequent source The media, including NY Times, Wall Street Journal, Fox Business and Bloomberg TV. Contact Alan. Ration | Facebook | Connection | Email

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Marijuana Retail Report

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California Auditor Says Cannabis Packaging is ‘Too Attractive’ to Children, Calls Industry Rules ‘Unclear’

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California Auditor Says Cannabis Packaging is ‘Too Attractive’ to Children, Calls Industry Rules ‘Unclear’

Last control California State Auditor suggests that cannabis packaging is very “attractive to children” and that “unclear rules and insufficient implementation” by the State Department of Cannabis Control (DCC) impede the ability of the agency to identify the packaging that runs state rules.

auditor report revealed that more than half of the products reviewed by retail websites – 23 of 40 products – were likely attractive to children. The auditor determined that products that could be attractive to children because they included food images – some that imitate children’s treatments, such as treating fresh rice – colorful letters and cartoon images, and other design elements that can appeal to young people. The auditor’s report noted that it sometimes disagreed with the DCC that the package of a product could be attractive to children, such as a package for fresh rice treatments that only indicates cereals in the package than the treatment itself.

The report found a drastic increase of 469% in the total number of calls to the California poison control system regarding the ingestion of cannabis among children aged five and younger with 148 calls in 2016 – the year that voters passed the legalization law – to 842 calls in 2023.

The Auditor’s Office found that the DCC “does not carry out sufficient inspections to ensure that it identifies problems” and inspected less than half of its licenses each year since 2022.

“Moreover, the DCC does not consistently document the history of compliance with licenses during complaint inspections and evaluations, which means that the department cannot always identify repeated offenders. Our DCC registration analysis showed at least four compliance actions related to the attractive packaging for the licensed one. ” -2024-105 Cannabis Control Department, California State Auditor, 8/7/25

The report also observes that the DCC does not adequately prohibit fragrances and strains that are attractive to children, despite the 2022 DCC regulations that impose new requirements that prohibit the mention of specific aromas in the inhaled cannabis products. The auditor’s report shows that strain names, such as Cherry Pie, Tropicana Punch and Lemon Cherry Gelato, were still being advertised despite the 2022 rules.

In an accompanying letter to the governor and legislative leaders, State Auditor Grant Parks wrote that “DCC does not adequately discipline cannabis businesses that license them who constantly violate the withdrawal regulations.”

“DCC inspectors do not have sustainable documentation practices, and we cannot conclude that the DCC constantly controls the history of a licensee when it assesses whether the licensee is selling a packaging cannabis product that is attractive to children,” Parks wrote. “We also determined that the department does not constantly increase penalties for licenses that constantly violate the department’s regulations.”

The Auditor in California says cannabis packaging is very ‘attractive’ for children, calls them rules of the ‘unclear’ cannabis agency

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