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Legal vs Illicit: Can California's New Tax Policy Level Playing Field?

Legal vs Illicit: Can California's New Tax Policy Level Playing Field?

Published 9 months, 2 weeks ago
Description

Is California finally taking cannabis operators seriously — or is this just another half-measure? That’s the question at the heart of today’s episode of the TDR Trade To Black Podcast, presented by Dutchie. Host Shadd Dales and co-host Anthony Varrell are joined by Big Mike Straumietis, CEO of Advanced Nutrients, to break down the state’s new excise tax cut from 19% to 15%.We cover the big picture: • Tax Change – Does 15% become the new normal, or does California need to go lower to compete with the illicit market? • Legal Market Boost – Could this give operators room to breathe, attract investors, and bring capital back into distressed businesses? • Illicit Market Pressure – With a smaller price gap, does product safety and consistency finally push consumers into the legal market? • Trade-offs – Less tax revenue means tough choices for state programs and enforcement. Can balance ever truly be achieved? • Big Picture – Is this a turning point for California cannabis, or just a step in the right direction?We also talk with Big Mike about his recent trip to Dubai, where cannabis is being viewed through a very different lens, and how U.S. politics could shift. With Trump and Republicans trending strong on immigration and crime, how would a cannabis rescheduling announcement feed into that narrative?Finally, Shadd and Anthony break down the latest headlines: misleading rescheduling polls, and Mitch McConnell’s push to ban hemp products — a move farmers warn could have catastrophic consequences.#CannabisNews #CaliforniaCannabis #BigMike#AdvancedNutrients #CannabisPodcast #CannabisStocks #CannabisPolicy#CannabisRescheduling #CannabisInvesting #CannabisMarket #MitchMcConnell #SAM #MarijuanaStocksWant to see last week's recap?   • Cannabis Industry Fights for Billions in R...  Want to see more Cannabis Reform videos?   • Trump Holds All the Cards on Cannabis Resc...     • Trump DOJ Splits on Marijuana Gun Ban | TD...     • Congress Exposes Chinese Cannabis Cartel N...     • Trump’s Drug Czar Pick: Cannabis a Biparti...  Want to be updated on Cannabis, Small Cap, AI, and Crypto? Subscribe to our Daily Baked in Newsletter!https://newsletter.thedalesreport.com...Find us as well on Facebook, Twitter, Instagram, LinkedIn and on the Web:Facebook:

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