As California’s legal cannabis industry heads into the second half of 2025, store owners are facing a combination of rising costs that could further disadvantage them against the state’s still-thriving illicit market.
Last week, Americans witnessed President Trump's "art of the deal" in action as his administration imposed sweeping tariffs on global trading partners, only to roll them back after markets cratered and bond yields spiked.
California’s legal cannabis industry, long weighed down by high taxes and regulation, is facing new threats: steep federal tariffs on key imports and a proposed statewide ban on disposable vapes.
A new bill was introduced on April 4 that would place limits on the president's authority to impose unilateral tariffs without congressional approval. The Trade Review Act of 2025 has amassed bipartisan support, including 7 Republican who have signed on to the legislation.
The Nasdaq Composite has officially entered bear market territory—defined by a drop of 20% or more from its recent high—while the S&P 500 is nearing the same threshold today. Last week U.S. stock markets shed $6.6 trillion in value over a two-day span, triggered by President Trump’s larger-than-expected tariff announcement and China’s vow to match the tariffs on all American-made goods.
Republican Senator Rand Paul has once again voiced his strong opposition to tariffs imposed by former President Donald Trump and has joined a handful of Republicans willing to vote against them in the Senate.
April 2 marks President Donald Trump’s ‘Liberation Day,’ which could usher in the most aggressive tariffs in modern US history or be completely blown out of proportion.
By focusing on long-term economic stability and sound leadership, rather than short-term political victory, independent voters want sustainable solutions that benefit both businesses and workers.