Posts Tagged ‘Department of Cannabis Control’
Time for a Cannabis Policy Reset
Time for a Cannabis Policy Reset: Outdated Regulations Are Fueling the Illicit Market State cannabis regulators are still operating under rules designed for a brand-new industry—and that’s become a big problem. Instead of helping the legal cannabis market thrive, these outdated frameworks are making it harder for licensed businesses to survive. Meanwhile, the illicit…
Read MoreTrump Administration’s Funding Cuts Threaten Cannabis
Trump Administration’s Funding Cuts Threaten Cannabis Research and Marijuana Rescheduling The Trump administration’s decision to slash federal research funding is jeopardizing 565 ongoing cannabis studies and freezing new National Institutes of Health (NIH) grants. This move could have far-reaching consequences for cannabis legalization, marijuana rescheduling, and the $32 billion regulated cannabis industry. Funding Cuts…
Read MoreCalifornia’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 MoreCalifornia Cannabis Crackdown
California’s Cannabis Crackdown: A Snapshot of Enforcement and Market Challenges. California’s Enforcement Efforts Against Illicit Cannabis As 2024 came to a close, Governor Gavin Newsom highlighted California’s continued efforts to tackle illegal cannabis operations. A notable operation in East Oakland led to the seizure of over 21,000 cannabis plants and 3,000 pounds of flower, valued…
Read MoreTop Claims Filed in the Cannabis Industry
Top Claims Filed in the Cannabis Industry and How to Avoid Them Running a cannabis business comes with its risks. 🌿 From product issues to theft, claims can appear when you least expect them. They can also be expensive if you’re not ready. The good news? Knowing the most common claims and how to…
Read MoreNavigating in Cannabis Insurance
Navigating Cannabis Insurance: What You Need to Know Running a cannabis business comes with unique challenges due to the clash between state and federal laws. While many states have legalized cannabis, it’s still illegal at the federal level. This conflict impacts everything from insurance options to policy structure and coverage limits. PM Insurance Services can…
Read MoreCalifornia Marijuana Dispensaries: AB5
California Marijuana Dispensaries: AB5 Worker Classification Rules If you’re running a cannabis dispensary in California, you know the state’s labor laws are strict. Some dispensaries think paying workers as 1099 contractors protects them from liability, but that’s not true. In California, workers are assumed to be employees unless proven otherwise. Here’s how that affects your…
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