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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 Coverage by State

Cannabis Sales Slipped in January – New Cannabis Ventures

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Cannabis Sales Were Soft Again – New Cannabis Ventures

On February 3, 2026 at 8:42 PM

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s 15-state monthly cannabis sales data.

In January, cannabis sales decreased sequentially by 3.1%. In this review, we break down the results by state, starting with the western markets and then ending with the eastern markets. Overall, the BDSA estimates sales in 15 markets totaled $2.07 billion in January, up 4.6 percent from a year earlier. BDSA updated its Illinois numbers after the state recently changed the way it counts sales.

Western markets

BDSA provides coverage for Arizona, California, Colorado, Nevada and Oregon. In December, annual growth was negative in 4 states. Growth in each of these states fell in succession.

Eastern markets

BDSA provides coverage for Florida, Illinois, Maryland, Massachusetts, Michigan, Missouri, New Jersey, New York, Ohio and Pennsylvania. Annual growth in December ranged from -3.1% in Missouri to +37.6% in New York. Ohio began using adults in August, spurring growth. Note that Florida and Pennsylvania are medical markets only. On a daily basis, sequential gains declined in eight markets. Annual growth was negative in both markets and sharp in both states. We warned of a potential slowdown in Florida despite strong dispensary and unit volume growth due to competitive pressure.

For readers interested in a deeper look hemp markets in these fifteen states and more, including segmentation by additional product categories, brand and product details, longer history and segmentation by product attributes, learn how BDSA Solutions can give you access to actionable data and analytics.

Alan Brochstein, CFA

Based in Houston, Alan leverages his experience as an online community founder 420 Investorthe first and still the largest due diligence platform focused on publicly traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. time New Cannabis Ventureshe is responsible for content development and strategic alliances. Before turning his attention to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an independent research analyst with more than two decades of research and portfolio management experience. A prolific writer, with over 650 articles published since 2007 Looking for Alphawhere he has 70,000 followers, Alan is a frequent speaker at industry conferences and frequent source Media including the NY Times, Wall Street Journal, Fox Business and Bloomberg TV. Contact Alan. Twitter: |: Facebook |: LinkedIn: |: El

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American Cannabis Coverage by State

Cannabis Sales Growth Was Slow in December – New Cannabis Ventures

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Cannabis Sales Were Soft Again – New Cannabis Ventures

On January 5, 2026 at 3:28 pm

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s 15-state monthly cannabis sales data.

Cannabis sales rose 2.9% sequentially in December, down 0.5% on the day. In this review, we break down the results by state, starting with the western markets and then ending with the eastern markets. Overall, BDSA estimates December sales in 15 markets totaled $2.14 billion, up 7.9 percent from a year ago, driven by strong growth in New York. BDSA updated its Illinois numbers after the state recently changed the way it counts sales.

Western markets

BDSA provides coverage for Arizona, California, Colorado, Nevada and Oregon. In December, annual growth was negative in 4 states. In three of these states, daily growth fell sequentially.

Eastern markets

BDSA provides coverage for Florida, Illinois, Maryland, Massachusetts, Michigan, Missouri, New Jersey, New York, Ohio and Pennsylvania. In December, year-over-year growth ranged from -3.5% in Maryland to +1,172.2% in New York, where adult sales were included by the BDSA beginning in January, but were first included several months ago. Ohio began using adults in August, spurring growth. Note that Florida and Pennsylvania are medical markets only. On a daily basis, sequential gains declined in five markets. Annual growth was negative in several markets and increased sharply in two states. We warned of a potential slowdown in Florida despite strong dispensary and unit volume growth due to competitive pressure, and it declined in four months of 2025, including three in the final four months of the year.

For readers interested in a deeper look hemp markets in these fifteen states and more, including segmentation by additional product categories, brand and product details, longer history and segmentation by product attributes, learn how BDSA Solutions can give you access to actionable data and analytics.

Alan Brochstein, CFA

Based in Houston, Alan leverages his experience as an online community founder 420 Investorthe first and still the largest due diligence platform focused on publicly traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. time New Cannabis Ventureshe is responsible for content development and strategic alliances. Before turning his attention to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an independent research analyst with more than two decades of research and portfolio management experience. A prolific writer, with over 650 articles published since 2007 Looking for Alphawhere he has 70,000 followers, Alan is a frequent speaker at industry conferences and frequent source Media including the NY Times, Wall Street Journal, Fox Business and Bloomberg TV. Contact Alan. Twitter: |: Facebook |: LinkedIn: |: El

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