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California Cannabis Farmers May Finally Get Some Relief
Residents of California often complain about high taxes, but no one pays higher taxes than the cannabis industry. In addition to the Federal 280E penalties, the cannabis industry in California is subject to a 15% state-wide excise tax, sales and use taxes that can...
Legislation in Oklahoma Would Give Counties Authority Over Cannabis Cultivation Licenses
New legislation in Oklahoma would give the state’s counties more control over medical cannabis cultivation licenses. State Rep. Todd Russ has introduced House Bill 2989, which would require growers to apply for licenses through the county they operate in, rather...
South Dakota: House Lawmakers Move to Repeal Citizen-Initiated Home Cultivation Rights
A majority of House lawmakers have advanced legislation, HB 1004, to repeal provisions from the state’s voter-approved medical cannabis law that permit qualified patients to home-cultivate personal use quantities of cannabis. House members decided by a vote of 41 to...
Hemp industry pivots toward grain and fiber
After a brutal shake-out that chopped hemp acreage in half in two years, the industry is focusing on hemp as a source of grain and fiber, a less profitable but possibly steadier market than cannabinoid (CBD) oil, used in food, beverages and dietary supplements....
Growers Under Increasing Threat from Cannabis Taxes
For most operators in California’s cannabis industry, the licensed and regulated market probably feels like a slow-burning dumpster fire with no end in sight. But for politicians and state regulators who designed the legalized industry under Proposition 64, the...
Controlled New Hampshire House Votes To Legalize Marijuana Possession And Cultivation
The GOP-controlled New Hampshire House of Representatives on Thursday approved a bill to legalize marijuana possession and personal cultivation for adults. Members passed the legislation, sponsored by Rep. Carol McGuire (R), in a 241-113 vote. This comes one day after...
Too Costly To Harvest: Why Some California Marijuana Farmers Let This Year’s Crop Rot
By every estimate, more marijuana was grown in the United States this year than ever before, as legal sales of the country’s favorite heretofore illicit drug are projected to top $26 billion, according to one estimate. That’s a lot of value. But in...
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