Financial Relief Available to California Cannabis Businesses Through DCC Equity Fee Waivers
The new year brought a small bit of financial relief for California’s struggling cannabis industry. On January 1st, the Department of Cannabis Control (DCC) began accepting applications for state license fee waivers. Cannabis business owners that meet equity requirements can apply for one license fee waiver of a single license per 12-month licensure period.
The license fee waiver comes as many in the cannabis industry are contemplating whether or not they can afford to stay in the legal cannabis market. Wholesale cannabis prices have dropped dramatically while taxes continue to rise, as dictated by Prop 64. Many Emerald Triangle cultivators find themselves sitting on product they’re unable to sell or selling units for prices at or barely above the cost of producing it. Industry insiders are putting pressure on the state and counties to enact policy reform to help the struggling industry.
California state has begun allocating some of the 1.8 billion dollars of cannabis tax revenue they’ve collected since January 2018, towards local equity programs for populations and communities impacted by cannabis prohibition and the War on Drugs. In addition to the DCC Equity Fee Waivers, the state’s Cannabis Equity Grants Program for Local Jurisdiction has an estimated 35 million dollars available in 2022 to local jurisdictions that have, or intend to have, a local equity program. For information and qualification requirements for local equity programs, cannabis businesses should reach out to their local county. In Humboldt County, apply to Project Trellis; In Mendocino County, apply to Local Equity Entrepreneur Program (LEEP); In 2020, Trinity County was awarded $75,000 to develop their equity program, reach out to the county for upcoming equity programs.
As for the state, they are accepting applications for state license fee waivers as of January 1st. If you already participate in a local equity program, you can submit an attestation on the DCC Equity Fee Waiver application. If your jurisdiction does not have an equity program, or you do not participate in it, you will need to show qualification for the DCC Equity Fee Waiver.
For eligibility for the DCC Equity Fee Waiver, the applicant must meet two criteria:
• Equity ownership: Individuals who meet the equity criteria own 50% or more of the business.
• Gross revenue: The business has gross revenue of $1.5 million or less per year. If a new applicant, the business expects gross revenue of $1.5 million or less for the first year.
For the equity qualifications, at least half of the business must be owned by an individual or individuals that meet at least one of the equity criteria:
• Cannabis conviction or arrest: Individuals who meet the criteria were convicted of or arrested for a cannabis offense before November 8, 2016.
• Household income: If the applicant’s household income is less than or equal to 60 percent of the Area Median Income for the local jurisdiction where you live. (See here for charts to help determine what that is.)
• Neighborhood: Individuals who meet the criteria lived, for at least five years between 1980 and 2016, in an area disproportionately impacted by past criminal justice policies implementing cannabis prohibition. Learn more about qualifying neighborhoods, or use the map tool to see if you lived in a qualifying area. Try entering your address or clicking on the map for best results. The map itself shows sections of Humboldt County highlighted blue while others are not. This led to some cultivators that live in the heart of the Emerald Triangle to believe their area was not eligible even though it has been heavily impacted by the War on Drugs. To confirm if you live within a qualifying area, there is an address search bar that allows users to input their specific address for confirmation of qualification.
Another point of confusion centers around the required qualifications. Some cultivators mistakenly believed the equity income limits applied to the gross revenue qualification. To qualify for the DCC Equity Fee Waiver, the cannabis business must make less than 1.5 million annually and qualify for one of the three equity qualifications. The income thresholds listed above are for the equity portion of the qualifications. If you make more than those thresholds but have a previous cannabis conviction or arrest, or live in the qualifying neighborhood, you still qualify.
If you have additional questions, you can contact the DCC at [email protected] or call 1-844-61-CA DCC (1-844-612-2322).
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//California state has begun allocating some of the 1.8 billion dollars of cannabis tax revenue they’ve collected since January 2018, towards local equity programs for populations and communities impacted by cannabis prohibition and the War on Drugs.//
Here’s a few crumbs now make the bad traditional market people go away, lol. Awww, wus-a-matter all that wall street money drying up. Finding out a celebrity endorsement don’t mean jack shit if it costs 3 times as much, lol. Hard to swallow losing 20% of the market after talking shit just a few months ago!
April is just a few months away and Uncle Sammie wants his fuck’in money. The toilet paper transactions wall streeters call security notes are not legal tender. Won’t even be worth wiping your corporate asses when all is said and done. Fuck Legal!!
It’s been a rough year for everyone and I don’t think many will make it in the mid to long term. However, those that do will be legal farms.
The early legal, post prohibition, alcohol producers suffered a similar arch with most being consolidated under big brands/companies. Perhaps the microbrewery style small farms will make it.
Sorry if you disagree, but the moonshiners went through a very similar process and I can’t see how it’s any different this time. Now don’t get me wrong, there’s still clandestine moonshiners, but they are bit players. Hope you saved $ during the good days.
News flash for ya. The traditional market is thriving. It’s the legal market that is crashing. Those fancy cannabis people are gettin their asses handed to em by “clandestine growers” of weed. It’s two prong for the legals cause Uncle Sammie needs his cut as well and he only accepts cash payments, lol.
You seem to have misunderstood Hayforker’s post, to wit: the early post-prohibition legal alcohol industry went through hard times while the moonshiners thrived, just like the early post-prohibition legal cannabis industry is going through hard times while the black market is thriving. But that is likely to change, just like it did with alcohol. It’s an excellent point.
I understood but weed ain’t like beer or distilled alchohol. It’s consumption is much different and if you don’t understand well than ya can believe what ya wish. The proof is what has occurred since 2016 and let’s just say huge miss understanding this industry, lol. Why, lol, cause they thought it was like prohibition.
What, in the arc of the cannabis industry since 2016, has been unlike the alcohol industry circa ’28-’33?
The end of cannabis prohibition seems to be tracking with the end of alcohol prohibition fairly well
I hope your logic holds true, lol. Honestly it’s not though. Prohibition allowed corporations the perfect environment to succeed. Again, I make my living based on this logic so if you’ll excuse my lack of explaining why. Blessings, keep up the fight brother!
I’m just trying to understand what the differences you’re identifying are? From what I am seeing, this is following the same story arc as alcohol prohibition.
The biggest difference is the general allowance of personal production at home in many places. But from my interactions with people, attempting to grow your own tends to make people more sympathetic to dispensary pricing.
I would be very surprised if the traditional market has a large share of the national market in a decade. But there are a lot of potential plot points that remain unwritten
Fine, we can discuss this portion. Corporations producing alchohol could get by year after year if they incurred a loss because they did not use any liquidity in doing so. This is not the case for a schedule 1 narcotic which requires a massive amount of liquidity in order to subdue or try and gain control over an established industry. Honestly before $1 dollar was borrowed corporations already lost the war on drugs, lol. It’s a basic rule for long term survival in this industry.
This is just one talking point by the way, however, farce brings up a good point as well he just didn’t finish his statement and I would prefer if he not. You are also correct about corporations following the post prohibition strategy to a tee, lol. It’s kinda a twofer we just didn’t realize how much political money would be lost as well, it’s a lot, lol. So much they had the Govnuh threatning with troops, remember! Well, here we are 2022 and that investment money is due. it’ll be interesting to see how wall street launders it (I wonder if they go to casino’s as well, lol). I have a feeling we are gonna get threatened again, lol. Maybe oldy type camp style shit this summer, we’ll see.
Maybe, I think it’s a lot more likely that we’ll see federal legalization that heavily favors the deep pockets of corporate cannabis and the American culture of fast food interstate exit monotony will mean that cookie cutter dispensary chains and their low quality hydro will become the dominant market player for flower. Time will tell though.
Let’s meet back here in October and see what things look like
Not maybe, it’s happening and now our focus is in other states. Michigan is gonna be just like California and so on and so on….
Federal Legalization causes us big issues it’ll be interesting just to exist to see it happen, lol. You are correct the corporations will get away from this prohibition strategy and move towards a Fed-Ex strategy and we definately don’t want that on the Traditional side.
However, it does open up international markets and that is when I see the mom n pops gaining their market share. Maybe that will be the time I consider legalization and start advocating. I better update my resume, lol.
October sounds good but this market ain’t gonna recover til 2024 at this rate. There’s a shitload of indoor that gonna saturate the nation by March.
Maybe. But it’s easier to grow weed than run a still. And people won’t go blind from smoking black market weed. And people really like to pay a lot less where the government’s greed makes all permitted weed necessarily much more expensive. Oh- and that freedom/support the small people mentality… it’s really strong w many weed smokers!
The Traditional market is flooded and backlogged !!!
This is how the shell game works. Key to this is marketing fear based lies AKA smear campaign. Such as “The Traditional Market is flooded” like you know anything about my industry. Fuck Legal!!
https://mjbizdaily.com/cannabis-industry-sees-the-rare-leveraged-buyout-in-curaleaf-deal/
What happens when places like New York, Florida,Texas and Indiana have legal dispensaries on every city block? The black market is not thriving and as farms go out of business it will be harder to hide in the hills and less legal farms to enforce which equals more inspections. Growing 500lbs with a cost of 3-400$ and selling for 6-800$ is not a lot of profits. If you call that thriving then ok. But most farmers I know are stressing.
What’s breathing toxic air from fires all summer for 2 years in a row worth? Not being able to spend time with family as to do the job well it’s all consuming. All of that’s equals a true battle about to ensue. The largest grows in California are being built now. They are not built yet. We haven’t gotten close to what the real competitive market will look like.
And about this article. This a slap in a face for Ca to say this will help save small farmers. This is just another way to get them to fill out more paper work On a yearly basis to prove you are hurting and need assistance. Too little too late.
Put a cap on sqft and stop issuing more cultivation licenses. Take away the cultivation tax and put a simple 15% canna tax at the dispensary level on all purchases. That would help fix what is broken but that is not what they want. They want to regulate 2-500 really large farms not 15000 small farms all over the state. Same outcome for them and easier to regulate and tax.
FYI, The traditional market is a global weed industry. Open up all the dispensaries you wish it will not impact the already 60+ years of industry dominance. This model of legalization has increased our market dominance and we took 20% back in less than 2 months! That is not talk (or keyboard warrioring) that just happened and we ain’t done.
I won’t discuss what it would take to fix cause well I earn my living based on everyone else thinking they know my industry. You bring up good points they should definately consider.
As far as your regulating us outta the hills comment. Ummm, yea, we ain’t legal so…yea that ain’t gonna work either. We got many decades living our way of life with never an issue. It’s a war and we all understand that clearly (live, have lived and own the fuck’in t-shirt) it’s you legals that choose to get caught in the crossfire, not us!
I mean.. thriving wouldn’t be the word I would use. Alive and in full swing, perhaps. But I wouldn’t describe <$500 a lb for A grade as thriving. That is, if you can sell it before it's literally worthless if you didn't cure it properly
You discussing legal prices sold to a distributor that received wall street money to maintain operations. Who tout themselves as a vertically integrated cannabis operator with their own brands and you wonder why you getting less than $1000 a pound for your hard work. Hmm, I can’t figure either (said sarcastically), ffs, cmon!
In no way does any global consumer want outdoor weed from Humboldt for half what you can pay in a dispensary. Obvious, right, lol
They had another 4 years of unrestrained green rush and still aren’t happy? Dude, if you can’t make it with the loosey-goosey non track n trace , all blowing up the black market with 6000 pound super sour D money storms, what ever. You guys ruined it for everyone.
I agree.
There is no world where you can have “equity” for “taxed” crops and a “war on drugs” simultaneously…
Go to a “Doctor”, ask for a “pain pill”… You will be treated like a slobbering addict from the exam room to the pharmacy, where they will ask intrusive questions and charge you a high price, because they have been “regulated” into a corner…
So it will go with Cannabis… Maybe!
You can buy weed everywhere, and they deliver! It’s cheaper than ever, as long as you are in LA or the Bay Area…
You poor little farmers who used to sell your 100 pounds for $500,000, thereby making your land and your giant pickup affordable, now have to beg for a new “State Welfare” grant, through an agency rapidly revealing itself to be as screwed up as the EDD…
Don’t worry though, huge farms are cropping up everywhere, and they all need employees…
“In and Out” has signs saying they pay $22/hr, down in Daly City, but don’t try to communicate with the staff in English…
I don’t know what the future will bring, but Humboldt County will be out-produced by Southern Lake County, and the space between 101 and Lake Berryessa is being built into the new Emerald Triangle by Asian production companies, who will, as Nikita Khrushchev used to say, “Bury You”…
Mr Lettuce, meanwhile, should be teaching a seminar on how to grow, who to sell to, and how to distribute in a hostile market, but I suspect he is out back, burying his Krugerrands for later, and laughing his head off at the crumbling “industry” that nobody was prepared for, and the clowns of Humboldt who couldn’t work together well enough to hold off legalization, or process and distribute together, brand or ship or do any part of their business in an organized manner…
Down in Garberville, meanwhile, the smart people are running the hospital on Federal money, and if that falls through, they will always have their pensions…
//Mr Lettuce, meanwhile, should be teaching a seminar on how to grow, who to sell to, and how to distribute in a hostile market//
Mr. Lettuce has to get approval to teach anything or discuss our business. We don’t operate in a vacuum just like a corporation has a board of directors so do I. I think the board would say “Ya can’t teach stupid. Now quit with this trying to save the world shit and get back to work, lol.”
//”Awww, wus-a-matter all that wall street money drying up”//
You can’t really think that the people who are eligible for these funds were able to talk wall street into funding them previously.
JB
In any war their’s collateral damage. Pretty sure the biggest loss any of these eligible people will face other than monetary is not continuing the “legal” aspect of the cannabis shit show!!
We welcome them back with open arms. Fuck legal JB, they use the word equity these eligible farms already know how to get equity out of an industry they were a part of for 40 years. This california model works in every legal state JB, lol.
You didn’t address my question. Do you really think that the same people who will be eligible for these funds were last year being funded by Wall Street (as your statement implies)?
BTW, like you, I consider this “equity” program a shit show.
JB
Yes, let’s take Harborside for example they make over 1.5 million and shouldn’t qualify but they get the waiver because they do qualify for two other criterias neighborhood and prior conviction. Yes, JB Harborside got lots of that wall street SPAC money.
Also, I just got back from a trip down in the desert. Did a little investigating on some cannabis companies who are paying their vendors with checks issued from Canada. It’s all smoke and mirrors my friend and if you think that wall street money ain’t in our back yard than you should look at what SPAC money was used to buy SISU. It’s a war and it’s still a war.
Well I tried but the power went out just as I was hitting the “post comment” button. So, I will wait to see if it gets posted than you and I can talk about Harborside and other businesses like them. It’s awaiting approval most likely due to power outage and it’s not edited I wanted to add more about this issue you ignore with the SPAC money. I am now more educated in how the shell game works.
Spill the beans on sisu
You can start here.
https://www.prnewswire.com/news-releases/subversive-capital-acquisition-corp-closes-the-largest-cannabis-spac-in-history-and-announces-the-launch-of-the-parent-company-with-shawn-jay-z-carter-roc-nation-caliva-and-left-coast-ventures-301209334.html
https://www.theparent.co/
Hmmm, the oversupply and dropping share price seem to coincide. It’s all good cause if ya look at the websites you can see how much they sacrificed in the brutal war on drugs I am sure they hard!!
//A Shifting Business Model
The Parent Company is moving away from the commoditized side of the business. Instead of bulk wholesale, it will be focused on its direct-to-consumer business. A larger percentage of revenue will be coming from direct-to-consumer (D2C) operations, according to Datcher. This strategy means the company will be focused on building relationships with its consumers throughout its entire ecosystem, from the cultivation of plants all the way through to the delivery of products.//
https://www.newcannabisventures.com/how-this-cannabis-company-is-connecting-with-california-consumers/
So, who’s helping the small mom and pops get their product to market. Not SISU, they just used Humboldt to try an understand the industry. Funny though they only learned from sell outs during post ’96. Not realizing a global weed industry existed pre ’96. Well those pre ’96ers are the ones dominating this industry, lol. The goal is to get them security note backed cannabis entrepreneurs to burn as much cash as we can. We don’t gotta do much they real good at wasting investors money on their own. Sometimes though they need a little push, lol. Let the war rage!!!
As is regularly the case, you are blowing smoke and pretending you’re more knowledgeable on the the legal regulation side than you are. For many reasons, Harborside is not eligible for these social equity funds.
JB
Maybe or long standing traditional families have decided it’s time to assert our authority cause we don’t like how the mom n pops are being treated. You think what ya wish we gonna go about our business until we see this industry show proper respect!
Unfortunately, Harborside does qualify cause the $77 million they borrowed was from what’s known as a real estate transaction not a security note to create Safe Harbor Holdings. Sorry, guess that’s me just pretending again.
When JZ wants to know where his 200 million went you can comment about how we don’t like sell-outs in the Triangle.
This is great news! Thanks for posting it Kym! The DCC is listening…
The DCC needs to force legal farmers to hire legal local employees instead of under the table Hmong or eastern Europeans. The farms around me are closed loops of outsiders.
Americans don’t want to work
… for you
For you either
Good thing I’m not hiring, like you seem to be.
I’m not hiring I’m good but thanks for caring
Americans don’t want to work for shit wages anymore
That’s how this place was built on the back of shit wages workers shit isn’t gonna change now America has to do a lot of soul searching before anything gets better America is becoming a third world country
With the great resgination, there is a feling that things may change. No all that long before automation forces a massive economic update.
Close the border, murica is full.
Do we close both borders or just the southern border
Millions aren’t coming from the north
It don’t matter if close one you got to close them both
Thanks to welfare and “equity”
Equity ?
spot on
Of course they do, just for an ethical portion of the profits their work generates.
Like, at gunpoint?
Waiving market entry fees will assist in continued price suppression.
Almost sounds like communism. The government taxes the hell out of the people, decides how much they want to keep, then distribute money how they see fit to the people who aren’t motivated or smart enough to run a robust business.
That’s definitely not communism.
Communism is way different
I agree it’s a stupid system but throwing around this communism comparison to everything that’s not capitalism needs to stop.
Translation: I don’t know what communism is.
That’s a word along with Socialism that Republican politicians throw around to scare its electorate into never embracing change. Change that would benefit every American.
If embracing “ change” includes relying on our government for virtually all needs in life , I don’t want that benefit,
Okay, since we’ve broken some ground here in a few comments below, you may be right about this, too. But can you admit the Left might be throwing around Fascism a little too liberally pertaining to conservatives, too?
C’mon… let’s keep the common ground open…
Bottom line, the country is run by corporations, some of the largest have the lowest wages and are subsidized by the government in the form of food stamps paid for by the tax payers.
And thanks to the wonderful tax breaks that Trump and the Republicans gave to the rich and corporations THEYRE NOT EVEN CONTRIBUTING to the tax base .
God forbid that the minimum wage be raised because just about all politicians besides Bernie and a few others are bought ( bribed) not to do so.
This country is so fucked up compared to most other developed nations they look at the US and shake their heads. We are going to privatize and corporatize ourselves out of existence. We’re circling the toilet bowl already.
And don’t bore me with telling me to leave.
Just how much more of this are the American people going to take remains to be seen. Keep electing the same corporate shills on both sides of the aisle and thinking our system of government is working will be the continued slow death of America.
Maybe we should create a government agency to watch over these corporations. That’ll fix it.
Whooshhhhhh
Simply eliminating corporate lobbyists and “donations” would solve most of it.
Then politicians might actually have to work for the American public.
You’re actually inadvertently agreeing with me…( the horror)
I agree with you too…
Ouch!
“Simply eliminating corporate lobbyists and “donations” would solve most of it.”
Maybe if you eliminate ALL donations from everyone, including your beloved public sector unions. Otherwise, groups of people will corrupt the process just like the groups of people (corporations, unions) that already do.
Nailed it
JB
Great comment.
Once the corporations arranged for both parents in a family to have to work 40+ hours a week, they had us. No more informed and participating electorate, leaving the gates open for regulatory capture.
We will probably continue to vote form Dems and Rebs out of fear of the opposition. Rather than third party candidates out of hope for the future.
Yep, once the government and corporations forced both parents out of the house, the indoctrination and programming of our children began.
Corporations have nothing to do with both parents having to work. Goverment, pretending it can provide “free” shit (school, healthcare, daycare), has destroyed the value of the currency via the Federal Reserve. That is why both parents have to work. The situation will get drastically worse.
I feel you’re mistaken, rollin. Lower wages for less hours so benefits don’t have to be provided. while the CEOs and the shareholders skim the wide margins. It’s my belief that it was a two-pronged effort by the corporations and government to indenture every working American.
If you don’t believe the same, I respect that, but why does the government bail out corporations that are, “too big to fail?”
I’m all for capitalism, but there needs to be a return to livable wages so our youth can have a parent in the home.
The left thinks the right wants to return to the 50’s. They’re correct but not for the reasons they believe. In this respect conservative and liberal voters should be in lockstep. A livable wage, affordable housing and you’ll see one parent working while another will be the CEO of the household, regardless of gender, and both are equally important.
I’m just not sure what the answer is. Mandated minimum wage? Mandate on percentage the CEOs and shareholders can take vs percentage paid to employees? Letting businesses fail when they get too greedy and bloated?
At the same time, how to create affordable housing?
I don’t have the answer to that either, but I know this country put people on the moon. We should be able to improve the standard of living for every American. Both parties used to strive for that. I know if we can get the vitriol out of the narrative, we should be able to get both sides to willingly sit down and hammer this out.
And I’ll admit I’ve contributed to the vitriol over the years. I’ve just done some hard thinking and a lot of reading of sources that I would have dismissed over the years.
“why does the government bail out corporations that are, “too big to fail?”
I’m all for capitalism, but”
Governments shouldn’t bail out corporations; that’s not capitalism
“I’m just not sure what the answer is. Mandated minimum wage?”
That won’t work. It’s not capitalism either, nor is government determining what private businesses pay their CEO’s. Everything you stated above is central planning and doomed to fail. Communism, socialism, fascism, call it what you want it’s all central planning. It has never worked.
Ther’s a lot to unpack in your statement and I’m headed outta town. But in short, a free market (capitalism), unhindered by massive government regulation creates many jobs. Many jobs create shortages in employees. Shortages in employees force rising wages. It is a function of supply and demand like anything else. So is the money supply, increased by the Fed, at the behest of the government. Our money has lost ninety something percent of it’s value since the inception of The Federal Reserve. We don’t have sound money. We have an out of control government, like I already said, promising free shit when the only money it has comes from us through taxes or inflation via Fed money printing. With all do respect it is not me that is mistaken. Proposing government solutions to government made problems is the mistake and is currently leading to our inevitable demise.
And yet the conservatives are the ones who want to do all those things you talked about that “are not capitalism”?! Sorry, but I don’t think you understand basic economics. Pure capitalism Is just as doomed as an overly governed economy. Pure capitalism is not some sort of panacea that will fix humanities woes just like communism is not the answer.
The fact that you folks can’t try to understand that there can be a middle ground and instead insist on this weird and frankly embarrassing either/or fallacy is, well, really embarrassing and shameful.
And fucking lol if you think the republican party is in favor of either Pure capitalism or anyone but their owns self interest.
Yes they actually pull “commie moves” to get what’s theirs all the time.
Hey- maybe the head of Flo Kana will let you wash his sports car!
Grudgingly, you’re right on this one. Capitalism only works in a free market. Subsidies (think corporate welfare) need to stop. Corporations will get leaner and more creative to create profits and an equitable flat tax to provide for the general welfare of all Americans is needed. General welfare however does not mean paying people to not be productive members of society.
A flat tax of 15% to feds, a cap of 5% to states. Then encourage all to tithe to their church, favorite charity or other entity will provide for the poor. That is not the governments job.
Most foreigners that come to America from other developed countries are horrified by the actual reality of our country. They feel bad for us and it’s really sad to see how far into denial a lot of our citizens are.
“Don’t like it then move.”?! Not as easy as just packing your bags to another country. Plus I value my family/community and it seems selfish to just vanish to another country that’s not inherently cruel towards its citizens.
Yep.
You mean like Germany or France? Even the mickey mouse CNN knows it’s BS.
https://www.cnn.com/2021/12/14/economy/germany-recession-omicron/index.html
and as for climate change
Germany Has a Math Problem, and It’s about to Get Worse
What the numbers say about the energy landscape.
https://worldnewsera.com/news/startups/germanys-green-energy-failure-germany-turns-back-to-coal-and-natural-gas-as-millions-of-its-solar-panels-are-blanketed-in-snow-and-ice-tech-news-startup/
Are you watching the Germans beg Putin for gas? Just like Biden.
It sure was nice a year ago when we were the number one exporter, instead of one of the beggars.
The cannabis game, more of the same.
You want to make money? Start a beehive.
Yup. If walks like a duck…..
You sound pretty ungrateful. Don’t you understand that This is the Government and They are Here to Help Us?!! They really really care…so much….For the People!
Ha ha ok I can’t even type this w/o cracking up…
Glad to hear they are still wasting money on it after 50 years of fighting a losing “war on drugs”. And $1.5 million or less? Yeah the people making $1.5 million need a break..
What is unbelievable is that only people with prior criminal convictions are eligible for help. The same ones who made millions of tax free dollars breaking the law are now offered assistance. Where did all that money go? You would think that these are the folks in the best financial position after all these years of easy money and $4000 pounds? Those who played by the rules that the state had in place and paid 65% of revenue in taxes get nothing, This state is very messed up.
Not necessarily. That’s just a possibility to meet a minimum requirement of one of the various criteria.
But why would that qualify anyone?
It’s not only people with prior convictions. People who have a conviction are eligible but that is just one of the ways a cultivator can get a waiver. One is living in a community that was adversely affected. One is being low income.
It’s also for the corporates making over 1.5 million if they qualify in two other areas such as Harborside (got 10s of million in wall street SPAC money plus pandemic dollars). So the money cap looks pretty but it just like all the other legal shit coated with something shiney but at the end of the day it’s still shit!
One interpretation might be: we will pay you to admit in writing that you were illegally defying federal drug laws.
So basically if you don’t have any of the criteria listed, besides my farm is in the red as far as income , there is no relief! And where’s the county assistance? Oh wait, there is none. They’ll just keep charging me the square footage tax they’ve attached to my property taxes . Because of course they’re only helpful when they’re asking for $$$$$ from me, otherwise they don’t give a crap about our plight, which they helped create.
Did you check your address on the map? I believe most locals reading this should fit under the neighborhood criteria. We did.
I just checked. The area our farm is located in is not eligible 😞 It is not in an area that was heavily grown prior to legalization. Also Kym do you know if the situation with having been affected negatively by Cannabis prohibition through incarceration is just for new applicants? I recall that when we were applying for our licenses we had to get a “Livescan” asserting that we had no prior criminal records of any kind , correct?
Did you put in your address? Don’t rely on the colored areas. I’m sorry I don’t know about the criminal records.
Green acres is the place to be
Growin’ weed is the life for me
Hills spreadin’ out so far and high
Keep Long Beach, just give me that mountainside.
Southern Cali is where I’d rather stay
I get allergic to weed that smells like hay
I just adore my Venice Beach indoor crew
Dahling I love you but give me that ocean view.
The trim hoes,
The budtender at the dispenary store,
Fresh air,
300 an ounce we don’t care,
Growing is my life
Good bye, city light
Green acres we are there
Ba dum ba dum dum. Ack ack!
Ooops, lol. My spider senses predict a merger or acquisition using security notes before April 15th. If they can only figure out what to do about those pesky IRS requirements of only accepting cash, lol, tick tock. This gonna be interesting to watch.
https://finance.yahoo.com/news/medmen-announces-termination-investment-agreement-154100702.html
I offer $1 US dollar for the facilities on Mountain View road. You should take it cause it’s the most profit your gonna make, lol!!!!!! Call my people ankle biters ya pricks!
This is a Trap Trying to squeeze the last little farmers out !!! Let’s let the whole world grow in California !!!! When 2 thirds of the state you cannot sell because of city bans!!! Flooding the traditional market even more !!!
OPEN THE MARKET !!!!
1. Fresno (population 525,000)
2. Bakersfield (population 404,000)
3. Anaheim (population 347,000)
4. Irvine (population 307,000)
5. Fremont (population 230,000)
6. Santa Clarita (population 228,000)
7. Fontana (population 208,000)
8. Oxnard (population 202,000)
9. Huntington Beach (population 199,000)
10. Glendale (population 196,000)
This is just 10 cities
FYI, the traditional market is a global weed industry. We don’t just limit it to one state, ffs!!!
The traditional market for Cannabis is the black market FFS !!! Lol 😂
Sound like another trap for the legal grows. 2 thirds of California can’t sell because of city bans. So what market are you gonna sell to ? Flooding the traditional market more !!!
1. Fresno (population 525,000)
2. Bakersfield (population 404,000)
3. Anaheim (population 347,000)
4. Irvine (population 307,000)
5. Fremont (population 230,000)
6. Santa Clarita (population 228,000)
7. Fontana (population 208,000)
8. Oxnard (population 202,000)
9. Huntington Beach (population 199,000)
10. Glendale (population 196,000)
This is just 10
2 dispensaries per 100,000 in California 68% of the state has banned retail in Oregon its 17.9 per 100,000
What’s your point? In the south there is wet and dry counties for alchohol before the ATF changed to also deliver during the pandemic. Delivery of Cannabis is available in 70% of the counties in California. Not sure what you legals are bitching about in regards to a supposed oversupply. Maybe if the customers didn’t have to pay $40 an eighth for last year’s premature sprayed with some preservative (That is banned in Germany) vertically integrated monkey juiced indoor weed ya’ll would get better sales.
// “sprayed with some preservative (That is banned in Germany)”//
Would you mind sharing more about this? What’s being sprayed?
Thanks
JB
Here is the article.
https://mjbizdaily.com/aurora-cannabis-products-unavailable-in-germany-until-further-notice/
Ahhh … Canada.
You really like to generalize and make things sound bigger.
I have family that owns a businesses that were paid with checks from Canada from holding companies. They were hired by California Cannabis retailers, manufacturers and distributors permit holders as contractors cause their business is needed by anyone who needs to get approval. You do not got a clue to what is happening and think other people who have their head in the sand without realizing your bent over as well brother! I have an extensive reach in this industry way beyond what you think. Say or think how you wish my comments have proven themselves over and over!
And not a single word of that applies to the topic of your false claim and our exchange … Social equity applicants previously being funded by Wall Street. The Venn Diagram for those two have only hairline overlaps.
You talk and talk and brag and brag. You think posting off topic articles as a cover for your ignorance makes you look good. It doesn’t.
You’ve never been in my business sector and yet I was in yours for over 35 years.
I’m truly happy for my old friends who remain successful on the trad side. I’m also very, very happy I’m on the path I’m on. Smart creative and especially flexible growers can and are doing well in my world.
I’m excited about my goals and my progress and yes, like most of us in the legal side, I’m incorporated (which you twist to mean “corporate”), but I’ve never as much as sniffed a Wall Street dollar. I’m just small time dude who knew doing the same old way wouldn’t cut it on the new legal frontier and have adapted and thrived.
Best wishes – you will need them long term. Passing an illegal business on to grandkids (and watching them do Federal time like I did) is a bitch.
JB
False claim, I made?? Seriously dude if I gotta explain how financials work we obviously are gonna get no where but if you follow just the few “FUNDS” I mention maybe you wouldn’t be so rude to me. Gain your own knowledge learn how money moves internationally, I posted a link above about Curaleaf it covers the basics. Or, get off your ass and go buy a product from one of these companies in one state then go to another state and go buy the same product. If ya got any balls go find their cultivation locations and explain how not one plant is growing in Michigan indoor cultivation facility but yet they got brand gummies with THC for sales in the dispensaries.
You make a lot of assumptions about me. So let’s correct a few. I got just as much business experience as you (kinda a red flag if ya own properties without having legit income and with the properties we owned minimum wage job wouldn’t do!) in multiple industries including federal (how many growers can say that, lol) and state government. I hold a high level degree and have been successful throughout my career. My kids, yep, they are growers (not something I was shooting for) damn good ones unfortunately but what the hell was I supposed to expect as my oldest pointed out, grandpa was a good grower so was his dad, blah, blah, blah (As you can see I am still butt hurt cause he didn’t mention me,lol.)! It’s 1000 times easier to conduct business more so than its ever been, we have no fear. We understand the consequences of our actions. My eyes have seen more tragedy in this industry then you will ever come to realize and that includes your incarceration (I mean no disrespect for the consequences you endured). It’s what those eyes have seen that drives me and I remain focused and determined. I seek the truth so believe what ya wish but I am not a person to sit on his ass and talk shit, I go find answers!
FYI: CSE stands for Canadian Stock Exchange
The traditional market is flooded by the legal market because there is not enough dispensaries. 2 thirds of California cannot sell because of city bans and now legal farms can’t pay there taxes because of the market. I think you are misinformed .
lol, you ain’t got a fuck’in clue to what is happening. Weedmaps is where people get their information to get delivery in 90% of this state. That occurs cause the “weed person” is not as timely on delivery so the consumer uses the delivery to get by till the dude/dudette shows up with the goods. GTFO, with your stupid legal excuses for avoiding paying taxes. Suc-it-up butter cup its a fuck’in war! Get in your lane.
LL, I drive in both lanes, that being said any of us still selling in the traditional market should not really speak to the tax situation… traditional market pay zero , so🤷♀️ Now the dispensary situation, it is a fact that many distros aren’t even accepting product currently. But with as much cannabis that is being grown, you’d need a dispensary on every street corner in California to move that much product haha ! Most of my smoker friends don’t even purchase through dispensaries.
I had a proffessional career and all my earnings were taxed. Just like everyone else in the “family” it’s a myth to say we do not pay taxes. An unjust law that oppressed the rights of its citizens should not garner any benefit to government is more appropriate to what you refer as traditional market not paying the man, I concur.
The same people complaining they can’t survive because of “taxes”, also own expensive trucks and cars, multiple properties, spend hundreds of dollars a week eating out, basically have more money than most reading this AND were protected under 215 while they made money. A blind person could have seen what was coming for the industry. Were people not paying attention to OR? Where they not aware of the acres and acres of greenhouses in Salinas? Did the price drop really take people buy surprise and now they need help? What a joke!
Change is hard. People tend to put their heads in the sand at such times.
Head in the sand… but with a hand outstretched to the government
That’s most Americans, not just Cannabis Farmers !
The market drop was extremely sudden, last year we were getting 1500$ per lb, this year 500 per lb. if a distro will even take any product.,Farms over one acre were not supposed to be approved until 2023, but obviously that was not upheld. I can’t speak as to what fellow farmers are doing, but myself and my husband both carry down full time jobs as well as operate our farm and we’re simply asking to be treated as any other business. What other business do you know of that has a yearly tax attached to the property tax ? What other business do you know of that pays thousands of dollars to our state every year for a permit, if you choose to operate that year or not ? We dont fit the qualifications for the one year reprieve on the state permit, and of course our country isn’t going to offer any similar scenario, but it won’t help anyways …. us small farmers are just paddling upstream and I sure hope Humboldts primary income doesn’t sink with us .
Bragging about breaking federal and state laws, lol, sales are up! It’s not legal or traditional market its a hybrid – leditional, no, tragal, no, tralegalditional market, lol, nailed it!
https://www.kgw.com/amp/article/news/local/marijuana/2021-cannabis-sales-oregon/283-9bcb47c3-1bcf-4494-9872-5a5ca776330c
Anyone else completely exhausted/annoyed by the acronym “lol” ?
What about the loggers and fishermen that lost thousands. No offense but dope growers are crybabies. Why should they get any bailout. Growing good tomatoes is harder.
The stoned weed business so stoned they can’t figure it out ya let’s give legal farmers money when they don’t need it farmers straddle the fence of good and evil to survive it’s called the grey market 🤣