More than 500 of the roughly 700 licensed cannabis businesses owe
Michigan and Alaska are taking a look
The largest cannabis market in the US is under it's third year of decline
Updates will come on a quarterly basis moving forward
Only 24.4% of cannabis operators surveyed indicated that they are profitable
The state’s dispensaries took in $2 million in just the first eight days
State-legal cannabis companies would be shielded from the restrictions of 280E
The potency-based tax would be replaced with an increase in the excise tax
Collection efforts appear to be ramping up
Hilary Bricken takes a look at what happened in the Golden State