The Humboldt County Board of Supervisors is moving forward with providing local cannabis farmers some tax relief after a flooding of the wholesale market sent prices plummeting in recent months. The board voted 3-1, with Second District Supervisor Michelle Bushnell having recused herself due to a potential financial conflict of interest and Fifth District Supervisor […]
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Posted inLetters + Opinion
The 2024 Tipping Point
It’s no secret that California’s recreational cannabis market has limped out of the gates. Eighteen months into this grand legalization experiment in the world’s fifth largest economy, sales and tax revenue have lagged behind projections and much of the state has prohibited retail sales. Meanwhile, consumers complain of high prices and those within the industry […]
Posted inNews (NCJ)
UPDATE: Eureka Mulls Changing Course on Tourism Spending; Visitors Bureau Warns of Dire Consequences
UPDATE: In the wake of the death of Tony Smithers, the Eureka City Council today pulled an agenda item scheduled for Tuesday’s meeting to consider withdrawing its $370,000 contribution to the Eureka-Humboldt Visitors Bureau. PREVIOUS: The city of Eureka is considering drastically changing its approach to attracting tourists — and their dollars — to the […]
Posted inLetters + Opinion
Testing and Taxes
The state of California is in the midst of its first large-scale cannabis testing scandal. Sequoia Analytical Labs, based in Sacramento, was one of just 44 licensed testing facilities in the state until it surrendered its license to the state last week after it was discovered the company’s lab director had been falsifying test results, […]
Posted inNews (NCJ)
As Cannabis Markets Lurch, Some Humboldt Towns Are Rising, Others Falling
First quarter sales at The Garden of Beadin’ are bad. The small beading supply store, which has been operating in Garberville for 33 years, is used to seeing a slower stretch at the beginning of the year but owner Charlotte Silverstein attributes unusually poor sales in 2018 to the impact of cannabis legalization. “In this […]
Posted inNews (NCJ)
Medical Marijuana Tax Bill Goes Up in Smoke
The second bill by a North Coast lawmaker seeking to tax medical marijuana has died quietly in the California Legislature, the Santa Rosa Press Democrat is reporting. North Coast Assemblyman Jim Wood, D-Healdsburg, had authored a unique bill aiming to tax the state’s booming medical marijuana market that appeared to have widespread support, passing the […]