Cannabis Policy

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

As the Senate votes to reopen the government, hidden language in the same bill could effectively close 95% of the hemp-derived THC market. The Federal Intoxicating Hemp Ban redefines hemp, imposes strict THC limits, and gives the industry one year to adapt—or vanish.