Tag: Gov Gavin Newsom

Taxed to Death: California’s Cannabis Industry Faces Extinction

California just raised taxes on legal cannabis by 26%, threatening to wipe out the small businesses and legacy growers who built the market. This feature breaks down how the policy is pushing operators out, fueling the illicit trade, and revealing the hypocrisy of a state that once championed cannabis culture but now treats it like a cash cow. This is economic betrayal in real time.

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California’s Crackdown Continues: Cheech & Chong and U.S. Hemp Roundtable Face Setback in Court

California’s hemp industry faces a major setback as the Los Angeles Superior Court denies the Temporary Restraining Order (TRO) filed by U.S. Hemp Roundtable and Cheech & Chong’s Cannabis Company. Governor Newsom’s emergency regulations remain in effect, banning hemp-derived THC products. Stakeholders express disappointment, but vow to continue advocating for fair regulation while maintaining consumer safety

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