GOVERNOR RELEASES REVISED STATE BUDGET, STATUTORY CHANGES AFFECTING CANNABIS IN CALIFORNIA

GOVERNOR RELEASES REVISED STATE BUDGET, STATUTORY CHANGES AFFECTING CANNABIS IN CALIFORNIA

Governor Gavin Newsom has issued a revised state budget with several cannabis provisions, according to the budget summary.  The revised budget forecasts the state cannabis excise tax will generate $288 million in 2018-19 and $359 million in 2019-20, a reduction of $67 million and $156 million, respectively, from the original Governor’s Budget forecast. It states, “The forecast assumes continued growth of more than…

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DELIVERY UPDATE: BAY AREA CITIES

DELIVERY UPDATE: BAY AREA CITIES

Many jurisdictions across California allow cannabis to be sold at brick-and-mortar retail stores and dispensaries, while many either ban or severely restrict storefront sales. But what is the legal status of cannabis delivery businesses – operations that sell medical or adult-use cannabis to customers, but operate only on a delivery basis? As they present a unique category of cannabis activity, delivery-only businesses are…

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LA PHASE 3 MAJOR UPDATES

LA PHASE 3 MAJOR UPDATES

LA PHASE 3 NEW PHASE 3 LEGISLATION APPROVED BY CITY COUNCIL On April 30th, the Los Angeles City Council approved new legislation to begin the third and final Phase of cannabis licensing within the City of Los Angeles no later than the end of next month. Phase 3 will include two rounds of applications for Storefront Retailer Licenses in addition to…

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CRACKING DOWN ON COMPLIANCE

CRACKING DOWN ON COMPLIANCE

Operational compliance has become paramount to the success of many cannabis businesses following new state regulations that went into effect earlier this year.  For others, non-compliance has been a great downfall. Following the legalization of commercial cannabis, the state of California hastily drafted and passed emergency regulations which outlined licensing and operational requirements for cannabis businesses under the Medicinal and…

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