MJBizMag September 2020 - 29

California
At least 26 localities across California will have pro-marijuana initiatives on the
November ballot. Many would authorize new business licenses or expand existing
local industries. Others merely seek voter approval for new cannabis taxes-often the
starting point for cities and counties looking to opt into the industry, since new taxes
have to be approved by voters under California law. Still other measures are advisory
questions that don't bind city councils or county officials to repealing existing industry
bans. Hirsh Jain, government affairs director at San Jose-based marijuana retailer
Caliva, said the measures could result in as many as 150 new business permits being
made available to the industry " within months of these passing. "
Colorado
Adult-use marijuana sales in the state hit a record $158.1 million in June,
marking the first month in the state's history that sales topped $150 million. The
sales figure represented nearly a 30% year-over-year increase from recreational
sales of $122.4 million in June 2019. The state is on track to easily exceed its
2019 record of $1.75 billion for total marijuana sales.
THE MOST TRUSTED HEMP AND
CANNABIS LABORATORY IN THE USA™
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MJBizMag September 2020

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