Cannabis News Box

Los Angeles’ cannabis equity program has failed to meet its target

Los Angeles’ cannabis equity program has failed to meet its target

The goal of Los Angeles' Cannabis Social Equity Program is "to promote equitable ownership and employment opportunities in the cannabis industry in order to decrease disparities in life outcomes for marginalized communities, and to address the disproportionate impacts of the War on Drugs in those communities.”
Bethan Rose Jenkins, Cannabis News Writer/Editorial August 13, 2019

When California legalized recreational cannabis under the terms of Proposition 64 back in 2016, nobody would have anticipated that it would take so long for former cannabis convicts and financially restrained...

http://thehybridcreative.com/california-sales-tax-filing-for-cannabis-products/

California’s cannabis tax revenue estimates have been reduced

Officials have since acknowledged a disappointing start for the licensing of new cannabis businesses in the state.
Bethan Rose Jenkins, Cannabis News Writer/Editorial June 7, 2018

A recent press release from the California Department of Tax and Fee Administration shows a disappointing first quarter for the state's cannabis industry. Tax revenue reached just $60.9 million in the...

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Governor Jerry Brown