UNDERMINED BY OUR OWN Lack of Enforcement allows Legal Operator to Play Both Sides | STIIIZY
12/13/23 Contact: Jerred Kiloh President 818-636-1226 jerred@ucba.com ***FOR IMMEDIATE RELEASE*** The United Cannabis Business Association, representing licensed cannabis retailers throughout the state of California, is deeply concerned at the news article reported on December 12, 2023 by the LA Times titled “Stiiizy’s founder built an L.A. cannabis empire, while being landlord to illegal dispensaries” California’s legal […]
10th AMMENDMENT CENTER: Two California Laws Will Help Expand Legal Marijuana Market Despite Federal Prohibition
Two California laws went into effect today that will help expand the state’s marijuana market despite ongoing federal cannabis prohibition. Tax Relief Assembly Bill 195 (AB195) makes several changes to the Medicinal and Adult-Use Cannabis Regulation and Safety Act (MAUCRSA) including the repeal of the cultivation tax. Under the previous taxing scheme, the state levied […]
CDTFA Special Notice: Reminders for Cannabis Distributors
Distributors will no longer be responsible for collecting cannabis excise tax from retailers for their sales or transfers of cannabis or cannabis products that occur on and after January 1, 2023. What to expect due to the cannabis excise tax requirements ending for distributors · Distributors will no longer be required to obtain or hold a cannabis tax […]
GANJAPRENEUR: 2023 Cannabis Industry Predictions: International Policy, Legalization, Real Estate, and Finance
By Cara Wietstock Welcome to the fourth and final piece of our 2023 Cannabis Industry Predictions series, this time featuring the voices and opinions of industry experts in cannabis finance, policy, international markets, real estate, and more. Over the course of this month, we have released predictions and expectations from experts representing every corner of […]
VOX: Is legal weed doomed to be run by big business?
Last October, when President Biden announced that he would take steps to overhaul America’s marijuana laws and pardon those convicted of simple marijuana possession at the federal level, it seemed on the surface as though the pendulum were finally swinging in the direction that cannabis legalization advocates had been wanting for decades. It didn’t take long for […]
CANNABIS BUSINESS TIMES: 2023 Cannabis Legalization Roadmap: What, When and Where
If you’ve been around the cannabis industry long enough, you’ve likely heard the saying that the cannabis industry ages in dog years. This is to say that one year in cannabis feels like seven (or more) in any other industry, due to the constant change and normalization of a newly legal industry. The cannabis landscape […]
FORBES: How US Constitution’s Dormant Commerce Clause Is Challenging Marijuana Legislations
By Dario Sabaghi A number of U.S. states that have legalized the sale of marijuana are being sued by companies that have not entered the legal market, using the Constitution’s dormant commerce clause as their basis for the lawsuits. While the majority of U.S. cannabis legislation aims to regulate the sector and include social equity […]
THE HILL: Marijuana advocates stunned after McConnell opposition dooms banking bill
Marijuana advocates and executives are up in arms after opposition from Senate GOP Leader Mitch McConnell (Ky.) resulted in Congress failing to pass a key cannabis banking bill, dealing a massive blow to the industry. The $1.7 trillion omnibus spending bill unveiled Tuesday includes all kinds of expenditures, but it does not include the SAFE Banking Act, a […]
BENZINGA: National Public Health May Benefit From Cannabis Legalization, New Survey Shows Why
By Jelena Martinovic Even though the legalization wave is getting stronger by the day, some states still outlaw marijuana entirely. The reasons for such a stance are numerous, including adolescent access tocannabis, mixed clinical data and driving under the influence, to name a few. Interestingly, a new study conducted by the Cannabis Public Policy Consulting (CPPC) has shown […]
MARIJUANA MOMENT: Bipartisan Lawmakers Urge Biden To Back Marijuana Legalization Amid Administration Scheduling Review
By Kyle Jaeger As the Biden administration works to conduct a review into the marijuana’s federal scheduling, a bipartisan coalition of congressional lawmakers is asking the president to officially get on board with outright legalization. In a letter obtained by Marijuana Moment on Friday that’s expected to be sent to President Joe Biden and top cabinet […]