Frustrations have been building steadily since voters legalized recreational cannabis in 2016, with Newsom’s backing. Rather than watching businesses rush to enter the market, the nascent legal industry has languished behind an expansive network of off-the-books pot shops and tucked-away farms that fuel a multi-billion-dollar enterprise. For licensed operations... Read more

Tax cuts and other reforms are coming to the California cannabis industry as authorities seek to revamp a system that businesses, growers and others say has been stymied by over-regulation. A bill signed by Gov. Gavin Newsom last week cuts a cultivation tax placed on cannabis growers and shifts... Read more

A new age of infused-beverages has arrived courtesy of advances in emulsion technologies that have unleashed the imaginations of beverage-makers far and wide. Most of the sub-categories in the sector already teem with brands with more arriving every day, and entrepreneurs now offer infused-beverages that mimic alcoholic counterparts without... Read more

The California Assembly Wednesday night voted 66-0 in favor of AB195, a trailer bill containing a slew of measures intended to shore up the state’s ailing cannabis industry, including freezing the state excise tax at 15 percent for 3 years, and suspending the cultivation tax beginning January 1, 2023... Read more