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California’s legal weed industry is still overshadowed by the larger black market. A new state law gives businesses a break by delaying a tax increase.
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California’s excise tax on legal weed is increasing, despite efforts to keep it lower to help the struggling industry. Lawmakers left it out of the state budget they passed Monday.
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It was a dramatic increase in cannabis use among seniors 65 and older, from 0.4% in 2005 to 7.4% in 2023.
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KPBS's Budget Challenge drew thousands of participants who overwhelmingly supported raising the cannabis business tax. But experts warn that this move may not yield expected results due to competition from the illicit market and other factors.
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The San Diego City Council Monday voted to increase the tax rate for cannabis businesses from 8% to 10% as the city faces a looming budget deficit.
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The City Treasurer's Department says raising the tax could bring in more revenue — or reduce revenue by driving more consumers to the illicit market and lower-tax suburbs.
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The state is allowing more on-street alcohol sales and food in cannabis lounges. Supporters say the laws will boost downtown economies.
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The proposal still faces a potentially lengthy review process, but if is approved it could have wide-ranging effects. It could make marijuana research easier. It could reduce taxes for legal cannabis businesses.
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In another step toward a commercial cannabis ordinance, the San Diego County Board of Supervisors Wednesday voted 3-2 in favor of a social equity program that advocates say will allow people affected by previous criminalization efforts to participate in the regulated market.
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The U.S. Drug Enforcement Administration will move to reclassify cannabis as a less dangerous drug, a historic shift to generations of American drug policy that could have wide ripple effects across the country.
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