California’s illicit marijuana market thrives as much of the state continues to restrict sales October 4, 2022 AggregatedNews California 0 Comments In 2016, Californians voted to legalize recreational adult-use marijuana. Proponents of Proposition 64, including then-Lt. Gov. Gavin Newsom, argued that it would generate massive revenue, while decreasing illicit cannabis and drug cartel activity in the state. Now, nearly six years… Read More→
California Governor Newsom Includes Cannabis Industry Reforms in Revised State Budget Proposal (UPDATED) May 16, 2022 Tom Hymes Policy & Legal 0 Comments With an historic state budget surplus of $97 billion in hand, California Governor Gavin Newsom on Friday released a revised 2022-23 state budget proposal that included several changes to the state’s cannabis tax and regulatory regime that are meant to… Read More→
Gavin Newsom was the face of legal cannabis in California. Can he fix its problems? January 31, 2022 AggregatedNews California 0 Comments When California voters legalized marijuana for recreational use in November 2016, it was also a victory for Gavin Newsom, who spent months traveling the state as the face of the campaign. At an election night party at a San Francisco… Read More→
California collecting far less than expected in marijuana taxes January 11, 2019 AggregatedNews California 0 Comments Deep in Gov. Gavin Newsom’s new budget is a figure that says a lot about California’s shaky legal marijuana market: The state is expecting a lot less cash from cannabis taxes. The Democrat’s proposed spending plan, released Thursday, projects the… Read More→
Gavin Newsom Has A Message To Lawmakers On Marijuana Legalization: Don’t Stay Neutral July 29, 2016 AggregatedNews California, Industry People 0 Comments PHILADELPHIA ― Gavin Newsom is a little tired of being the only state official in California to fully endorse legalizing recreational marijuana. Speaking with The Huffington Post at the Democratic National Convention on Thursday, the lieutenant governor said it’s time… Read More→