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Cannabis operator Red White & Bloom restructures debt

Canada-based cannabis multistate operator Red White & Bloom Brands has restructured about 145 million Canadian dollars ($105 million) of issued outstanding debt as part of a larger debt-renewal program. Cannabis operator Red White & Bloom restructures debt is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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California tax agency confirms it will raise cannabis excise rate to 19% on July 1

Despite the concerns of California’s regulated marijuana industry and lawmakers, the state’s tax agency says it will carry through on plans to increase the cannabis excise tax rate from 15% to 19% on July 1. California tax agency confirms it will raise cannabis excise rate to 19% on July 1 is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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