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Cannabis
57 posts
California’s cannabis tax revenue drops to lowest point in years
The low total to end last year may not be as bad as it looks, since cannabis businesses in Los Angeles County have an extended deadline to file their taxes due to the wildfires.
March 5, 2025
Once again, Fresno’s weed sales tax revenues fall short of expectations
Cannabis has repeatedly underperformed expectations in Fresno since the first retail dispensaries opened three years ago.
February 18, 2025
Major cannabis brand Stiiizy faces customer data breach
The major cannabis retailer and producer has had data for 420,000 customers swiped by hackers.
January 14, 2025
Report: Cannabis retailers owe California $1.3 billion in back taxes
Cannabis dispensaries across California are hurting with high taxes and penalties.
December 9, 2024
California records $250 million in cannabis tax revenue for third quarter
The legalization of marijuana has brought in billions of dollars of revenue for California.
December 3, 2024
State busts over 150,000 illegal cannabis plants across Central Valley
Kern County was one of the largest sites of illegal cannabis activity in the entire state.
October 22, 2024
Former employees at Fresno cannabis dispensary file lawsuit after being let go
A cannabis employees union is also asking Fresno to investigate the sale of the dispensary.
October 9, 2024
Newsom signs bill to legalize Amsterdam-style cannabis cafes
People will be able to purchase food and drinks at cannabis dispensaries starting next year.
October 1, 2024
California reports cannabis tax revenue for second quarter
Cannabis tax revenue in California for the second quarter of the year came close to the state's first quarter total.
September 4, 2024
California officers seize millions of illegal cannabis products resembling candy
The illicit products had forged California cannabis seals on the packages.
August 14, 2024