Image credit: Governor Gavin Newsom

California: Governor Gavin Newsom’s Budget Allocates Half a Billion in Cannabis Tax Revenue

Two groundbreaking programs—OCal and appellations—set to launch this year, were delayed by COVID-19. While the budget consolidates cannabis licensing under a new entity, OCal will remain under agriculture and appellations will remain with ag and health.

California
Lobbying

Alcohol Giant Diageo, Tobacco Giant Reynolds, and Morgan Stanley Among Companies Newly Lobbying On Cannabis

As energy builds behind national cannabis reform, increasingly mainstream and global companies are lobbying on cannabis for the first time.

Colorado

Denver’s Cannabis Industry To See Most Major Transformation Since Its Launch

Following a City Council vote, the epicenter of Colorado’s cannabis industry is expected to see a boom in delivery and hospitality businesses, and licensing opportunities for equity applicants.