Ohio Republicans plan to pass recreational marijuana reform by the end of June. Both the House and Senate are working together to create restrictions, which have drawn criticism from legalized marijuana supporters around the state. Under the law passed by Ohio voters in November 2023, if you are 21 years old or older, you can […]
Texas House passes bill banning sale and possession of THC cannabis products
Texas House passes bill banning sale and possession of THC cannabis products A bill banning THC passed in the Texas House late Wednesday night. In a 95-44 vote, Senate Bill 3 passed in the House, banning all THC products. Adults would face up to a year in jail for possessing any THC product. Read more »
California’s cannabis tax set to rise to 19%, but lawmakers debate possible relief
A planned cannabis tax hike set to take effect in July has sparked fierce debate in California, with dispensaries warning it could drive more consumers to the illicit market. The cannabis excise tax is an additional 15% added to the receipts at dispensaries. The funds are then directed to child care, substance abuse prevention, law enforcement and environmental […]
Gavin Newsom’s 26% cannabis tax hike is now official
California’s beleaguered pot industry was given another piece of bad news Thursday afternoon: The state cannabis tax rate will increase from 15% to 19% on July 1, the highest allowed by state law. The 26% change, devised by Gov. Gavin Newsom, is ironically being made precisely because the state’s legal industry is floundering while the illicit market thrives. […]