For years, Richard Manning knew what he needed to cope with his physical pain, rage and PTSD — much of which he traced to a career-ending knee injury he suffered while on a domestic security detail with the Marines.
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.
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.
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.
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.
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.
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. The bill sponsored by Assemblyman Rob Bonta, D-Oakland, would shift the work of identifying cases eligible for dismissal or misdemeanor status to the Department of Justice, rather than individuals convicted. “Thousands of eligible people around the state may be unaware of the opportunity to erase cannabis-related convictions and start anew,” Solis said. “The war on drugs primarily hinders communities of color, and our goal at the county is to give people second chances and remove barriers to employment
Marijuana, a drug that has incarcerated hundreds of thousands of men of color is now legal for profit.