California Cannabis

California reports $609M in illicit cannabis seized in 2025 and $1.2B since 2022. If enforcement holds, the regulated market may finally get a fair fight.

How Mid-Market Acquisitions Point to Broader Consolidation Ahead For much of the past several years, cannabis mergers and acquisitions have felt frozen in place. Capital markets were cautious, valuations faltered, and many buyers sat on the sidelines. But that appears to be changing. A series of recent deals — from strategic infrastructure buys to brand consolidations — suggests that cannabis M&A activity is beginning to heat up. While none of these deals are traditional “blo

San Diego raised cannabis taxes expecting higher revenue. Instead, collections fell. The reason lies in price sensitivity, substitution, and black-market competition.

Dispensary valuation isn’t one-size-fits-all — it’s about understanding how your sales, operations, real estate, and balance sheet influence buyer behavior. In California’s tightening cannabis market, knowing your dispensary’s true worth can mean the difference between an underpriced sale and a premium exit.