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California Cannabis Tax Rate Changes Bill Moving Through Legislature

May 15, 2019

Suggested California Tax Rate Changes Will Decrease Retailer Excise Tax and Eliminate State Cultivation Tax Until July 2022   Assembly Bill 286 cleared the California Assembly’s Business and Professions Committee and will now move to […]

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Maine Releases Draft Rules for Adult-Use Cannabis Industry

May 14, 2019

Multiple Licensing Tiers and Fees Proposed Yet Implementation Date Still Uncertain   The Maine Department of Administrative and Financial Services (DAFS) recently released the first draft of proposed rules to govern the state’s adult-use cannabis industry, which […]

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Arizona Retail Cannabis Sales Reach New Heights

May 8, 2019

Sales of Cannabis Extracts Jumps 24% as Arizona Supreme Court Debates Legality of Products   The Arizona Department of Health Services (ADHS) recently released its monthly report on the state’s medical cannabis program for March 2019. […]

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Over 90 Percent of Cannabis Sales in Nevada Are Occurring at Recreational/Adult-Use Retailers

May 6, 2019

Medical Cannabis Sales in Nevada See Nearly 40 Percent Decline from End of 2018 to Start of 2019   The Nevada Department of Taxation (NDOT) recently released sales and tax data from the state’s legal […]

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Interview with Jen Hobbs, Author of “American Hemp: How Growing Our Newest Cash Crop Can Improve Our Health, Clean Our Environment, and Slow Climate Change”

May 1, 2019

Exclusive Interview with Jen Hobbs Discussing Her Latest Book to Hit Shelves   Hemp Book Author: Prepare for an “Interesting Year” in the Industrial Hemp Sector Jen Hobbs believes the industrial hemp industry is currently […]

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Number of California Cannabis Cultivation Licenses Increase Significantly Since March

April 30, 2019

Over 600 Annual or Provisional Cultivation Permits Issued by State   As of the beginning of this month, licensed cannabis cultivators with water rights are enjoined from diverting surface water for the irrigation of their […]

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Hemp Benchmarks® Publishes Spot Index Report for April

April 25, 2019

U.S. Wholesale Prices for Hemp Derived Biomass, Flower, Seeds, Oils, & Isolates   New Leaf Data Services, LLC (NLDS), the cannabis and hemp industry’s only independent Price Reporting Agency, has announced that Hemp Benchmarks® is […]

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Rhode Island’s Medical Cannabis Dispensaries Continue Growth

April 22, 2019

Proposed Legislation in Rhode Island For Increase in Number of Medical Dispensaries Along With Adult-Use Legalization   A report from the Providence Journal tells of increasing retail revenues in Rhode Island’s medical cannabis program, in addition to […]

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Colorado Cannabis Tax Rates See Q2 2019 Increase

April 17, 2019

Average Market Rates (AMRs) for Colorado Push Cannabis Trim Taxes Up 7.3%   The Colorado Department of Revenue’s (CDOR) new Average Market Rates (AMRs) went into effect on April 1st. For the second quarter in a row, […]

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Washington Cannabis Producers Failing to Utilize Licensed Canopy Area

April 16, 2019

Over 60% of Licensed Canopy Unused in Washington in 2017   The Washington Liquor and Cannabis Board’s (LCB’s) recently-released Year One Canopy Report states that, in 2017, the amount of canopy licensed to growers of […]

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