Cannabis News Box

California’s cannabis tax revenue estimates have been reduced

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 first quarter of 2018, inclusive of cultivation tax revenue and excise tax revenue. Legal cannabis i...

South America’s cannabis market is attracting investors

Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 1, 2018

Countries like Australia, Canada, Germany, and Israel have been dominating headlines as major game players in the cannabis industry as of late, but South America’s emerging market is beginning to capture the attention of investors. In fact, South America is being touted as one of the most intere...

San Francisco begins cannabis sales for social use

San Francisco Examiner--1/8/18

Annureet Kaur

January 9, 2018

January 1 official started legal social use of cannabis in California. Although the City of San Francisco started legal social cannabis sales one week later, it has stepped up in full gear with six dispensaries selling cannabis to anyone over the age of 21. The reason for the slow start may have been...

legal cannabis sales