Santa Barbara County Cannabis Company ‘Uplisted’ to New York Stock Exchange
Graham Farrar’s Glass House Farms is first cannabis company in California and second in the U.S. to be listed on NYSE.
Cannabis
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Santa Barbara Increases Cannabis Sales Tax Rate by 2 Percent
The City Council voted 5-2 to bump the cannabis retail tax rate from 6 to 8 percent, despite concerns over a potential decline in sales.
No Time Extensions on Cannabis Odor Scrubbers in Carpinteria Greenhouses
Santa Barbara County supervisors say growers who don’t meet the March 18 deadline risk losing their business licenses.
Santa Barbara Finance Committee Considers Increase on Cannabis Tax
The committee raised concerns over the impact of the tax before sending it forward for full City Council discussion.
Santa Barbara County’s Cannabis Revenues Continue Long, Slow Slide
Cannabis taxes for the last fiscal year generated $3.5 million less than the county’s average for its first seven years of legal cultivation and retail sales.
California’s Marijuana Industry Gets a Break Under New Law Suspending Tax Hike
California’s legal weed industry is still overshadowed by the larger black market. A new state law gives businesses a break by delaying a tax increase.
Santa Barbara County Caps Cannabis Acreage; Responds to Grand Jury
The County Board of Supervisors discussed two cannabis-related items during its August 19 hearing.
California Cannabis Companies Thought Trump Would Be an Ally. Then the Raids Happened
Federal agents arrested hundreds of workers after immigration sweeps at a California cannabis company, stoking fears that President Trump might target the marijuana industry.
‘This Tax Could Kill This Industry.’ California Cannabis Operators Brace For Increase
California’s excise tax on legal weed is increasing, despite efforts to keep it lower to help the struggling industry. Lawmakers left it out of the state budget they passed Monday.
Cannabis Isn’t Bringing In the Green in Santa Barbara County
The third quarter report showed tax revenues fell below the expected projections for Fiscal Year 2024-25.
