Canna Law Blog

JANUARY 6, 2023

Probably the biggest complaint our California cannabis team hears is just how bad of a job the state has done in terms of letting the illegal market fester. In a much more highly publicized case, Kushy Punch and some of its owners were tagged with a $128 million fine in late 2022 for alleged illicit market sales.

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Cannabis Law Report

NOVEMBER 24, 2021

Weedmaps, or now known as WM Technology on Wall Street, had a horrendous stretch of bad news and dismal financial reporting over the past few weeks. Chris Beals, a former SPAC attorney who is now the CEO of Weedmaps, explained that it is the illegal cannabis market that is just killing their financial numbers.

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WeedAdvisor

JANUARY 10, 2019

According to Kelowna Capital News , the average price of illegal cannabis is 17% higher roughly three months after legalization. But despite this increase, it still remains cheaper than its open market counterpart. This poses some serious problems, which casts our mission to kill the black market into doubt. Final Thoughts.

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Project CBD

APRIL 11, 2023

We start with some positive news from the Golden State. The tags are the definition of ‘single use’ – they can only be used on one plant and never re-used during subsequent growing seasons. That’s a lot of plastic tags for an industry with green pretensions.” Sponsored by CannaCraft, Inc., ” Why?

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Cannabis Law Report

DECEMBER 27, 2019

Considering the fact that an annual Processing License comes with a $9,370 price tag, and considering the fact that Lowell appears to have been out of compliance for over 100 days, they could be looking at a million dollar fine from the suits in Sacramento. ” Riiiight. We use natural materials from seed to sale.

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SpeedWeed

APRIL 30, 2021

Tobacco companies will likely challenge the decision in court, according to Stat News. A separate study of blunt wrap brand Backwoods-tagged content on Instagram found that half of #backwoods posts were marijuana-related. But in reality, high tobacco taxes to curb use have created large illicit markets on the East Coast, experts note.

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