Cal NORML Opposes Cannabis Cultivation Tax Hike

November 22, 2021 – The California Dept. of Taxation and Fee Administration has ruled that the cultivation tax on legal cannabis be raised from $9.65 to $10.08 per dry-weight ounce of flower, from $2.87 to $3 for leaf, and from $1.35 to $1.41 for fresh material starting on January 1, 2022. California Should Be Reducing, …

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ALERT: USPS, Other Shippers to Cease Sending Cannabis Oil Vape Products

UPDATE 10/21 – USPS Releases Final Rule Banning Mailing Of Hemp, CBD And Marijuana Vapes March 31, 2021 – Consumers wishing to buy products to vape cannabis oils may want to make their purchases ASAP before vape companies and shippers move to comply with a new US law banning shipment of certain vaporizer products. We …

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Countering the Myths of Cannabis Banking

By Dama Financial Myth 1: It is illegal for Banks to serve Cannabis-related Businesses because marijuana is illegal under federal law. The Controlled Substances Act (“CSA”) makes it illegal under federal law to manufacture, distribute, or dispense marijuana. However, 10 states plus Washington D.C. have fully legalized marijuana and 33 states have legalized it for …

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