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Proposition 64
California Department of Tax and Fee Administration Reports Cannabis Tax Revenues for the Second Quarter of 2019
August 23, 2019
The California Department of Tax and Fee Administration (CDTFA) reported revenue numbers today for cannabis sales for the 2nd quarter of 2019. As of August 16, 2019, California’s cannabis excise tax generated $74.2 million in revenue reported on the 2nd quarter 2019 returns due by July 31, 2019, and the cultivation tax generated $22.6 million. ... read more »
California Department of Tax and Fee Administration Reports Cannabis Tax Revenues for Fourth Quarter of 2018
February 22, 2019
The California Department of Tax and Fee Administration (CDTFA) reported revenue numbers today for cannabis sales for the 4th quarter of 2018. Tax revenue reported by the cannabis industry totaled $103.3 million for 4th quarter returns due by January 31, 2019, which includes state cultivation, excise, and sales taxes. It does not include tax revenue collected by each jurisdiction. ... read more »
Results of Cannabis Banking Feasibility Study to be Released at Public Hearing
December 27, 2018
California’s 18-member Cannabis Banking Working Group (CBWG), chaired by State Treasurer John Chiang, will hold a public hearing Today, December 27, where they will be presented with the results of the cannabis banking feasibility study prepared by Level 4 Ventures. ... read more »
If Cannabis is Legal in California, Why Are So Many Minority Businesses Considered Illegal?
October 4, 2018
Prop 64 not only promised to reduce or expunge certain past convictions, it also presented employment opportunities in the newly legalized cannabis industry as a gateway to the middle class for many underserved communities. ... read more »
Governor Brown Signs California Cannabis Equity Act of 2018
October 4, 2018
Late yesterday, Governor Edmund G. Brown Jr. signed Senate Bill 1294, the California Cannabis Equity Act, authored by Senator Steven Bradford (D-Gardena). This groundbreaking bill, aimed at reversing some of the damaging impacts cannabis prohibition has had on individuals from disadvantaged communities, is the first social equity cannabis measure in the Unites States. ... read more »
L.A. County Backs Legislation to Automatically Update Cannabis Convictions 
May 24, 2018
The Los Angeles County Board of Supervisors voted today to back legislation that would automatically remove or reduce certain cannabis-related convictions.  Supervisors Mark Ridley-Thomas and Hilda Solis recommended support for AB 1793.  ... read more »
Finding the Equity and Justice in the California Marijuana Business 
January 4, 2018
Marijuana, a drug that has incarcerated hundreds of thousands of men of color is now legal for profit.    ... read more »
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