DeFi Daily News
Wednesday, September 9, 2026
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Finance Business Finance

rewrite this title and make it good for SEORecord amount of illicit California cannabis seized in 2025

Chris Roberts by Chris Roberts
January 28, 2026
in Business Finance
0 0
0
rewrite this title and make it good for SEORecord amount of illicit California cannabis seized in 2025
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

California law enforcement reported seizing and destroying a record 377,010 pounds of illicit cannabis worth $609 million in 2025, Gov. Gavin Newsom’s office said Tuesday.

But with illegal cultivation outpacing the regulated market by nearly a factor of 10, more drastic action than further tax cuts might be needed to rescue beleaguered small cannabis farmers.

The country’s most populous state, California is still home to the U.S.’s largest single cannabis market despite constant complaints from operators about shrinking margins – and, last year, a shrinking market – amid illicit-market competition.

Legal sales dipped to a five-year low last year, a decrease blamed mostly on a short-lived tax hike that’s since been repealed.

However, it remains to be seen whether that will be enough to stabilize California’s legal industry.

Can illicit cannabis seizures rescue California’s legal marijuana?

Illicit cannabis seizures have increased 18-fold from 21,230 pounds in 2022, when Newsom launched the Unified Cannabis Enforcement Task Force, a multiagency effort that includes game wardens, tax inspectors and labor regulators as well as police.

In addition to the seizures, California officials reported:

Eradicating 590,000 plants
Arresting 23 people
Seizing $1.6 million in cash

Raids hit sales and distribution points as well as cultivation sites, according to a release from Newsom’s office.

In a statement, Newsom called the seizures “a success” that’s helping to “safeguard the legal cannabis industry from those who think the law doesn’t apply to them.”

Instead of the famed Emerald Triangle, almost half the cannabis seized – 169,000 pounds – was confiscated in two counties: Los Angeles and Alameda in Northern California.

Most cannabis unlawfully grown in California is shipped out of state, according to a state-commissioned report released last year.

California state and local officials have cut cannabis taxes

Heavy taxes are blamed for thwarting commercial cannabis cultivation in places like Humboldt County, where county supervisors this week finalized the repeal of a local cultivation tax.

Measure S had hampered legal growers, 75% of whom owed outstanding debt as of last year.

A tax increase that took effect July 1 also depressed retail sales before its October repeal.

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: AmountCaliforniacannabisGoodIllicitrewriteSeizedSEORecordtitle
ShareTweetShare
Previous Post

WHY Cardano and Ethereum crypto coins are about to EXPLODE!!

Next Post

Trump Accounts: Ted Cruz, Joe Lavorgna, and Arjun Sethi co-CEO of Kraken discuss

Next Post
Trump Accounts: Ted Cruz, Joe Lavorgna, and Arjun Sethi co-CEO of Kraken discuss

Trump Accounts: Ted Cruz, Joe Lavorgna, and Arjun Sethi co-CEO of Kraken discuss

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title Bitcoin’s Trajectory Towards 2026: A Comprehensive Price Outlook

rewrite this title Bitcoin’s Trajectory Towards 2026: A Comprehensive Price Outlook

July 15, 2025
US Orders Some Embassy Staff to Leave Baghdad on Iran Threat

US Orders Some Embassy Staff to Leave Baghdad on Iran Threat

June 12, 2025
The World Is Slowly Moving From the Dollar as Reserve Currency, Says Rabobank’s Foley

The World Is Slowly Moving From the Dollar as Reserve Currency, Says Rabobank’s Foley

March 6, 2025
rewrite this title Germany v Ivory Coast: Preview, predicted line-ups and where to watch

rewrite this title Germany v Ivory Coast: Preview, predicted line-ups and where to watch

June 19, 2026
Fed Chair Jerome Powell talks economy, rate cuts, and monetary policy with David Rubenstein

Fed Chair Jerome Powell talks economy, rate cuts, and monetary policy with David Rubenstein

July 15, 2024

Hormuz Deal Remains Elusive, Stocks Hold Near Record Highs | The Opening Trade 8/10/2026

August 10, 2026

Bitcoin: Bull Case Vs. Bear Case

September 9, 2026

Apple’s new CEO unveils a foldable iPhone: The whole event in 7 minutes

September 9, 2026

Bessent: “I Am The House”🚨Oil Is Exploding

September 9, 2026

The iPhone Duo is Here! Everything Announced at Apple’s Event in 14 Minutes

September 9, 2026

We’re Going To Lose Our House This Month

September 9, 2026

Joe Rogan Experience #2551 – Daniel Kokotajlo

September 9, 2026
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.