CAPITOL WEEKLY PODCAST: Welcome today Clint Kellum the new (as of November 2025) director of the California Department of Cannabis Control. The CDCC licenses and regulates the business of cannabis, including the regulation of cannabis growers, the production of cannabis products, and the sale, transportation and tracking of cannabis products. Immediately after that, Kellum took the reins Governor Newsom signed AB 564, a bill that would restore the state’s hemp excise tax rate to 15% through 2028, giving hope to California’s struggling legal hemp market after several difficult years. Kellum explains what AB 564 means for the industry and the state, and looks at the challenges and opportunities ahead. And as always, we tell you who had the worst week in California politics.
Planet 13 was supposed to revolutionize legal cannabis. The a marijuana supermarket opened five years ago in Orange County with fanfare and predictions that walls of TV screens and a massive footprint will change the way everyone buys weed.
Instead, he crumbled under the weight of his own eight-tentacled statue.
The store’s parent company, Planet 13 Holdings, announced in November what it was sale of the 55,000-square-foot Santa Ana storeknown as Planet 13 Santa Ana, after millions of dollars in losses. California-based cannabis chain Catalyst Cannabis took over the store this week, CEO Elliot Lewis said SFGATE, convinced that the fate of California’s largest retail cannabis store was sealed.
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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.
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
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.
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