California’s embattled legal cannabis industry is facing a significant spike in taxation in the coming weeks, but efforts are underway to block the potentially ruinous bill before it is enforced.Â
Another one of California’s largest cannabis operators plans to liquidate assets after mounting financial losses and operational challenges. Gold Flora
A new study in California’s booming intoxicating hemp market has painted a damning picture of the largely unregulated products which have swept across the US in recent years.Â
Californian cannabis businesses are facing mounting financial and regulatory pressures as its second-largest city spikes taxes and its governor extends a ban on intoxicating hemp products.Â
California’s legal cannabis industry is still failing to match the state’s thriving illicit market amid increasing regulatory and competition pressures,
Newly rebranded California-based cannabis operator Eaze raised $10 million to acquire select assets of Eaze Technologies, its predecessor company, to fund the reopening of 70 Eaze and Green Dragon locations across California, Colorado, Florida and Michigan.
California cannabis farmers growing their plants under the sun said the weather cooperated during the 2024 growing season.
California cannabis microbusinesses and retailers hope a new state law that widely expands their ability to offer food, drinks and live music will drive growth and provide a template for other regulated markets.
Efforts to stall the controversial ban on hemp products in California have been rejected by a court judge, who called
California’s largest cannabis delivery company, Eaze, is set to close its doors by the end of the year after its parent company was shuttered this summer.Â
We won’t spam you
© 2024 Prohibition Holdings Ltd. All Rights Reserved.
