Summer is usually the slow season for legislation and rulemaking. This summer is different as demonstrated by the following developments from the Governor’s desk and from the Department of Cannabis Control (DCC). Governor Newsom’s Budget Bill Cultivation tax ends Effective July 1, 2022, the State of California indefinitely suspended the cultivation tax. Excise tax changes In 2023, retailers will be…
The Department of Cannabis Control (DCC) continues to take steps in simplifying California’s robust set of cannabis regulations. On March 4, 2022, the DCC issued proposed rules as well as an explanation called the Initial Statement of Reasons. In adopting these new rules the DCC’s goal is to further “consolidate, clarify, and make consistent” licensing and enforcement regulations across all…
In the midst of a global pandemic and the health crisis that ensued 2021 was a notable year for the cannabis industry. While the overall trends were positive there were some disturbing developments in the biggest single state market-California. National Congress Tries and Fails to Enact Meaningful Legislation Hope emerged in Congress with the introduction of 69 bills or resolutions…