Financing Cannabis Assets

California’s cannabis industry is funding child care, environmental cleanup, and public safety — but at what cost? With excise taxes jumping from 15% to 19%, legal operators are being squeezed out while illicit markets thrive. As the LA Times highlighted, the question is clear: can California sustain vital programs and a legal cannabis market, or are we pushing the industry toward collapse?

Last week, Donald Trump signaled he is considering rescheduling cannabis from Schedule 1 - a classification shared with heroin and deemed more dangerous than cocaine - to Schedule 3, where prescription drugs like Tylenol with codeine reside. This move could open the door to normalized banking, credit card payments at dispensaries, greater patient access, and potentially unlock sidelined investment capital. U.S. cannabis stocks reacted immediately, with some rising nearly 100%