Cannabis tax rates in California are going up. Again. The state’s 15% excise tax rate on all cannabis products is set to increase to 19% on July 1 next year, which will reportedly happen automatically unless state lawmakers intervene in the coming legislative session, which kicks off in January. The …
New Jersey cannabis regulator begins crackdown to rein in intoxicating hemp products
The push for regulation in New Jersey reflects the state’s concern over the rise of hemp-derived products with psychoactive effects similar to …
Cannabis Sector Fares Terribly in 2024 US Elections, but Market Overreacts to Long-Term Impact
Cannabis stocks plummet following Trump’s election … Previously, he was an investment banking analyst for Merrill Lynch in Chicago and New York.
Office of Cannabis Management expects $800 million in revenue by end of year
By comparison, shops in New Jersey, where recreational sales started eight months before New York, raked in $673 million last year. Potentially …