On Record with the California Cannabis Operators Association
In this episode, David Spradlin, CEO of Goldenhour Collective, and Amy O'Gorman Jenkins, Executive Director of the California Cannabis Operators Association, discussed California’s scheduled cannabis excise tax increase from 15% to 19%, which is set for July 1, 2025. The conversation focused on protecting consumers and patients, who will ultimately bear the tax increase during challenging economic times. Jenkins explained how the tax increase threatens public health and safety by driving Californians to dangerous products in the unregulated market. Research shows that even a 1% price differential can push consumers away from legal cannabis. Spradlin offered insight from a retailer's perspective, emphasizing how price increases could push consumers to the illicit market. Jenkins explained how the industry has united to prevent this tax hike through Assembly Bill 564 (Haney), which they hope to incorporate into the state budget process before the June 15th deadline. DISCLAIMER: This podcast provides information about cannabis and related topics for general informational and entertainment purposes only. The content is intended for adults 21+ and should not be considered medical, legal, or professional advice, as cannabis remains federally illegal in the United States and laws vary by jurisdiction. The views expressed by hosts and guests are their own, and any discussions about health effects, business opportunities, or consumption should not be taken as recommendations. By listening to this podcast, you acknowledge that you are solely responsible for complying with applicable laws in your jurisdiction and that any actions taken based on the information presented are entirely at your own risk.
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