Archive for March 2025
California’s Cannabis Excise Tax Set to Increase
California’s Cannabis Excise Tax Set to Increase: Industry Concerns Grow California’s cannabis industry is bracing for a significant excise tax increase, set to take effect on July 1, 2025. The statewide cannabis excise tax on dispensary sales will rise from 15% to 19%, a 27% increase, adding to existing state and local taxes. In…
Read MoreCannabis Industry and University Partnerships: What 2025 Could Bring
Cannabis Industry and University Partnerships: What 2025 Could Bring The cannabis industry is gearing up for some exciting changes in 2025, with partnerships between cannabis businesses and universities expected to flourish. While academic collaborations aren’t new, the cannabis sector has been slow to embrace them — mainly due to marijuana’s status as a federally illegal…
Read MoreCannabis Vape Companies Face Safety Concerns Amid Rising Tariffs
Major cannabis vape companies are shifting their manufacturing operations away from China due to increasing tariffs that could pose safety risks for consumers. Rising Tariffs and Industry Impact The U.S. imposed a 25% tariff on vape products made in China back in 2018, during President Trump’s administration. This move pushed many cannabis vape companies to…
Read MoreSan Diego Cannabis Tax Increase
San Diego Cannabis Tax Increase: What Dispensaries and Consumers Need to Know San Diego is raising its cannabis sales tax in an effort to generate an additional $4 million in revenue to help close the city’s $258 million budget deficit. However, concerns are growing that higher taxes may drive cannabis consumers to shop elsewhere.…
Read MoreProtect your food truck
Protect your food truck Food trucks are more than just vehicles—they’re fully operational businesses on wheels. From cooking and storage to transportation and sales, your food truck is at the heart of your operation. But with this mobility comes unique risks that standard business insurance won’t always cover. That’s where we come in. Your…
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