Cannabis Biz Times
@CBTmag
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We tell important stories about cannabis cultivators and report happenings from around the industry.
Joined June 2014
San Francisco suspended its cannabis tax for 10 YEARS under the premise that legal cannabis cannot survive if governments treat it primarily as a revenue source rather than as a critical medical & economic sector for its citizens, @anandastrategy argues. https://t.co/3FYxU7hY6i
cannabisbusinesstimes.com
The city’s Board of Supervisors voted to suspend its local cannabis business tax until Dec. 31, 2035.
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"Opinion: San Francisco Rediscovers Its Cannabis Roots, Offers California a Blueprint for Revival" My piece in @CBTmag on why SF's decision to eliminate its cannabis tax provides a blueprint for the revival of the cannabis industry in CA. Read it! https://t.co/7ACI8ulWKe
cannabisbusinesstimes.com
The city’s Board of Supervisors voted to suspend its local cannabis business tax until Dec. 31, 2035.
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Trump is expected to direct his cabinet to move forward on a proposal to reclassify cannabis to Schedule III, but the decision isn’t final. “This monumental change will have a massive, positive effect on thousands of state-legal cannabis businesses." https://t.co/Plq3cDmUb6
cannabisbusinesstimes.com
President Donald Trump is expected to direct his cabinet to move forward on a proposal to reclassify cannabis to Schedule III, but the decision isn’t final.
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Will a pair of U.S. senators keep hemp legal through a federal regulatory structure? “We learned from the failed war on drugs that a one-size-fits-all approach banning hemp products from the market outright does nothing to protect kids and consumers." https://t.co/PaDrQua5e0
cannabisbusinesstimes.com
The Cannabinoid Safety and Regulation Act would create a ‘strict regulatory regime’ for hemp-derived consumer products.
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The Massachusetts petition campaign to end a $1.6B adult-use market submitted 76,000+ signatures to the Secretary of the Commonwealth's office, leaving itself with little wiggle room for the 74,574 signatures required in the final review process. https://t.co/j1C1HN0mX7
cannabisbusinesstimes.com
The secretary of the commonwealth is processing the signatures, reviewing each petition sheet for disqualifying marks and proper certification.
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Ohio lawmakers sent Gov. DeWine a bill to remodel the voter-approved statute legalizing cannabis. The sponsor said the "crux of Issue 2" remains intact. Here are a few changes we've identified (let us know if there are others we missed). https://t.co/ubYopZBv8z
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NY Gov. Kathy Hochul showed two of the state’s top cannabis regulators the door this week, suggesting the state’s adult-use program has continued to fall short of its potential due to poor leadership. https://t.co/k9z0vPyQoJ
cannabisbusinesstimes.com
Gov. Kathy Hochul called for the Office of Cannabis Management’s executive director and deputy counsel to step down.
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Michigan cannabis prices will be on the rise next month after a judge denied a preliminary injunction seeking to block a 24% wholesale tax from going into effect. But the judge said there remain “questions of fact." https://t.co/BCEMtOigQU
cannabisbusinesstimes.com
The Michigan Court of Claims denied a motion attempting to block the new wholesale tax from starting next month.
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A former U.S. Attorney downplays the significance of Biden-era guidance related to simple cannabis possession pardons. "The memo did not prevent prosecuting people for marijuana possession after that date." https://t.co/5fyHo2WMxu
cannabisbusinesstimes.com
The former federal prosecutors indicated there was no Biden-era guidance on prosecuting simple possession for Trump’s DOJ to rescind.
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BIG: 5 former U.S. Attorneys who served under Biden claim no cannabis policy memo (on simple possession) existed for Trump's DOJ to rescind, debunking a Wyoming U.S. Attorney’s claim. "I never received guidance or a directive from Main Justice." https://t.co/5fyHo2WMxu
cannabisbusinesstimes.com
The former federal prosecutors indicated there was no Biden-era guidance on prosecuting simple possession for Trump’s DOJ to rescind.
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Establishing a healthy root-zone environment for cannabis crops begins before transplant. Preplant substrate testing is a critical step in optimizing cannabis production, ensuring that the substrate is chemically suitable for plant growth. https://t.co/1QWb6qj6ec
cannabisbusinesstimes.com
Preplant substrate sampling can help cannabis growers proactively identify and correct potential issues rather than react to problems after they arise.
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N.Y. Gov. Kathy Hochul signed a medical cannabis expansion bill, allowing patient reciprocity, extended certifications, and 18-year-olds to home-grow. However, it leaves in place an excise tax on medical cannabis sales. https://t.co/UaRu6J2v7K
cannabisbusinesstimes.com
The new law includes reciprocity for out-of-state patients, extends certifications to two years, and allows 18-year-olds to home-cultivate.
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A congresswoman is demanding answers from AG Pamela Bondi regarding the DOJ's secret memo directing U.S. attorneys to prosecute simple cannabis possession on federal lands. "Simple marijuana possession poses no meaningful threat to public safety." https://t.co/Sg5jf1caEj
cannabisbusinesstimes.com
Simple possession ‘poses no meaningful threat’ to public safety, Rep. Dina Titus wrote in a letter to Attorney General Pamela Bondi.
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Three bipartisan U.S. House members are co-sponsoring Rep. Nancy Mace's push to overturn federal legislation to ban intoxicating hemp products (by November 2026) that Trump signed last week. https://t.co/naPS9rbgeu
cannabisbusinesstimes.com
Rep. Nancy Mace circulated draft legislation to undo the intoxicating hemp provision that Trump signed as part of a government funding deal.
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Ohio lawmakers decided to align legislation that intended to regulate intoxicating hemp products to instead mirror a federal ban. "It’s interesting to hear this description of this bizarro world in which federal law is just kind of a suggestion." https://t.co/dunDHXKPYQ
cannabisbusinesstimes.com
The Ohio House adopted a conference committee report that mirrors federal hemp THC restrictions signed into law by Trump.
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The committee behind a proposal to end Massachusetts' $1.6 billion adult-use cannabis market is "confident it has submitted enough signatures to put the question on the ballot," a campaign spokesperson tells Cannabis Business Times. https://t.co/xML3SBzT1d
cannabisbusinesstimes.com
The Coalition for a Healthy Massachusetts is aiming to put a question on the 2026 ballot that would halt the state’s $1.6 billion adult-use marketplace.
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U.S. Rep. Nancy Mace, R-S.C., is spearheading the 1st attempt to overturn federal legislation banning intoxicating hemp products that Trump signed as part of a deal to reopen the government. "I will work tirelessly to reverse this harmful language." https://t.co/naPS9raIoW
cannabisbusinesstimes.com
Rep. Nancy Mace circulated draft legislation to undo the intoxicating hemp provision that Trump signed as part of a government funding deal.
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Will states comply with new federal hemp THC restrictions or rebel with their own regulatory frameworks, like with cannabis? Either way, their hands are tied on interstate commerce, including seed distribution, and 280E impacts under the status quo. https://t.co/RBrPYwLaai
cannabisbusinesstimes.com
State officials could aim to regulate cannabinoid hemp products like cannabis, but their hands are tied on interstate commerce, seeds and 280E.
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Trump's DOJ "rescinded" Biden-era cannabis guidance, paving the way for federal prosecutors to enforce simple possession crimes, according to the U.S. District Attorney in Wyoming, who plans to "rigorously" use "every prosecutorial tool" to do so. https://t.co/zygzVP7gYM
cannabisbusinesstimes.com
The U.S. Attorney’s Office for the District of Wyoming says the Department of Justice “rescinded” previous guidance under Biden.
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Industry stakeholders react to the federal government's changes for hemp THC products that Trump signed as part of the reopening deal. "The existing system, which treats hemp and marijuana as if they are unrelated, is simply not working for anyone." https://t.co/005zcqDmzJ
cannabisbusinesstimes.com
Businesses have one year to navigate federal changes that aim to close a ‘loophole’ for intoxicating hemp products.
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