California hikes cannabis taxes 🤔

California hikes cannabis taxes 🤔

California Gov. Gavin Newsom hiked taxes on cannabis sellers in the state from 15% to 19%. The hike will go into effect on July 1, and comes amid the legal industry struggling and businesses closing, SF Gate reports. The tax hike is an effort to raise more revenue from the state’s legal cannabis industry, but may actually undercut the legal market. 

DeSantis curtails FL ballot initiative process 👀

Florida Gov. Ron DeSantis signed a bill that would hamper citizens’ ability to put initiatives on the state ballot — which, perhaps, may not bode well for the push to get legal cannabis on the 2026 ballot. DeSantis vociferously opposed Amendment 3, the ballot measure that would’ve legalized cannabis last November that ultimately failed. 

Daily Caller investigates Chinese-linked cannabis grows in Maine 🌲

The Daily Caller, a right-leaning news outlet, published a long investigation into illegal cannabis grow operations in Maine linked to China’s Communist Party. Sara Carter, President Trump’s nominee for the White House Office of National Drug Control Policy, shared the story.

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Acting DEA Administrator Derek Maltz had his last day on the job Friday. He’s set to be replaced by Terrance Cole on a full-time basis. Cole said during his Senate confirmation hearing last week that restarting the delayed process to reclassify cannabis from Schedule I to Schedule III would be “one of his first priorities.”

Bills reworking allocations for recreational marijuana head to Gianforte’s desk | Montana Free Press