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Municipal governments across California are moving to tax marijuana cultivation facilities based on square footage, not on actual crop production.

The Golden State is set to become the Green State – one offering enormous opportunities for marijuana entrepreneurs.
by Roger Fillion
The launch of the adult-use cannabis industry in January will transform California into the world’s largest recreational cannabis market, one that could generate more than $4 billion in annual retail sales within a few years, according to Marijuana Business Daily projections. That would roughly equal the sales tally that the nation’s entire legal cannabis industry rang up in 2016.

The Emerald Cup’s marquee winter event that celebrates small craft cannabis farmers in Northern California and connects them with prospective buyers across the state is being canceled this year, according to sources familiar with the situation.

Despite suffering losses, Vermont cannabis cultivators, retailers and manufacturers are barred from accessing any federal aid in the wake of last week’s devastating floods that swamped the state.

Many U.S. cannabis cultivators are reporting this year’s fall harvest, known in the industry as Croptober, saw favorable growing conditions and little to no adverse weather events, leading to a bumper crop.

Now that the new year is here, cannabis industry executives can expect to face a crosscurrent of trends in 2022.

With water scarcity an increasing problem, some marijuana and hemp cultivators are seeking solutions beyond automation or growing methods, including using drought-resistant plant strains that require less water and can withstand higher temperatures.

As just one example of the ongoing threats cannabis growers experience in our changing climate, wildfires raged through Northern California in 2017.