January 29, 2026

taxation

Regulatory Roadblocks, Tax Hike Threaten New Jersey’s Struggling Cannabis Industry

Hank Thompson06 mins

Nearly five years after New Jersey voters overwhelmingly approved the legalization of adult-use cannabis, the state’s licensed marijuana operators find themselves grappling with significant challenges, many struggling simply to survive. Despite early optimism and inherent market advantages, New Jersey’s cannabis industry remains notably underdeveloped and underperforming, particularly when compared to states like Missouri, which launched…

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California Increases Cannabis Excise Tax, Reworks Enforcement Funding in New State Budget

Connor O'Reily06 mins

Sacramento, California – The landscape of California’s legal cannabis industry is undergoing significant shifts following recent announcements tied to the state budget, impacting both taxation and enforcement strategies. As of July 2, 2025, the state’s cannabis excise tax is set to increase, a move that will add to the operational costs for businesses within the…

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California Cannabis Tax Hikes Again: State Excise Rate Jumps to 19% on July 1, Impacting Consumers and Businesses

Zach Ladelaw08 mins

SACRAMENTO, Calif. – California’s legal cannabis market saw a significant shift beginning July 1, 2025, as the state’s excise tax on all cannabis products climbed from 15% to 19% [8, 14]. This four-percentage-point increase marks another step in the state’s evolving taxation policy for the industry, bringing added costs to consumers and intensifying financial pressures…

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