Last week, California's Bureau of Cannabis Control announced that it is accepting applications for grant funding authorized by the California Cannabis Equity Act of 2018 (Equity Act), established by Senate Bill 1294. The Bureau was appropriated $10 million to award to cities and counties assisting equity applicants and licensees through their local equity programs focusing … Continue reading Bureau of Cannabis Control: Accepting Local Equity Grant Funding Applications
Tax revenues collected by the state in the first quarter of FY 2018 are far below January estimates A bill to temporarily suspend the cannabis cultivation tax and reduce the excise tax passes its second legislative committee A New York based medical marijuana manufacturer expands its presence into California The Bureau of Cannabis Control Cannabis … Continue reading Weekly Roundup – May 11, 2018
A proposed November ballot initiative currently in the signature gathering phase could push many local governments further towards the prohibition of cannabis business activities in their area. The Tax Fairness, Transparency and Accountability Act of 2018 would require all local fees and taxes to be approved by a two-thirds vote. The initiative, sponsored by the … Continue reading Would a Local Supermajority Vote Requirement For Fees and Taxes Hurt the Promise of California’s Statewide Legal Cannabis System?
Over the past week, the Democrat vs. Republican divide on cannabis appeared to weaken as a prominent Republican made an announcement signaling a level of support for medical and legal adult-use of cannabis. Last Wednesday, former House Speaker John Boehner announced that he had joined the board of a national cannabis business, and shared that … Continue reading Is the “Partisan” Divide Over Cannabis Crumbling?