California’s beleaguered pot industry was given another piece of bad news Thursday afternoon: The state cannabis tax rate will increase from 15% to 19% on July 1, the highest allowed by state law.

Legal cannabis businesses currently operate under an unpredictable regulatory landscape, competing with illicit markets fueled by federal prohibition. High tax burdens, banking restrictions and ...

California's beleaguered pot industry was given another piece of bad news Thursday afternoon: The state cannabis tax rate will increase from 15% to 19% on July 1, the highest allowed by state law.

SANTA BARBARA COUNTY, Calif. — California’s cannabis industry has hit a few potholes. Public Health Institute Senior Advisor, Dr. Lynn Silver, says the market is just too saturated.

was meant to right some of the wrongs caused by decades of criminalization and systemic exclusion from the cannabis industry. Ambrose Jackson, CEO of the 1937 Group, said businesses he’s worked ...

There are mixed messages coming from the cannabis industry. The cost of marijuana has plunged 62% since 2018 and some businesses are being forced to close. But, the state body that regulates the ...

Their experience was typical for new cannabis businesses in Massachusetts ... and reorganization in bankruptcy court — are off-limits to the pot industry. Sanders said that in Holyoke, where ...

Hawthorne Collective was created in 2021 to invest in the cannabis industry, and its holdings include investments in Fluent, a vertically-integrated cannabis company with licenses and operations ...

Desert Hot Springs is halving its cannabis retail tax in order to financially help the ailing industry. The city council unanimously approved an ordinance on Tuesday that will reduce the ...

LANSING, MI -- For the first time ever, Michigan marijuana regulators have banned a former business owner from the industry. “The Cannabis Regulatory Agency (CRA) has permanently excluded ...