California Cannabis M&A in 2026: Rescheduling Momentum, Hemp Bans, and State Integration Collide

California’s 2026 cannabis M&A activity will unfold as three distinct regulatory shifts begin to converge: (1) President Trump’s December 2025 executive order directing federal marijuana rescheduling, (2) Congress’s November 2025 redefinition of hemp that bans most intoxicating hemp products, and (3) California’s AB 8 integration of hemp-derived cannabinoids into the licensed cannabis framework. Recent industry […]

California Opens Public Comment on Cannabis Appellations Program Amendments

On January 2, 2026, the California Department of Food and Agriculture (CDFA) released proposed amendments to its Cannabis Appellations Program (CAP) regulations, marking a significant step toward operationalizing the world’s first governmental appellation system for cannabis. The 45-day public comment period runs through February 17, 2026, giving stakeholders an opportunity to weigh in on key […]

2025 California Cannabis Litigation and Case Law: DCC Loss Headlines Year of Court Decisions

As California’s cannabis industry matures, the past year has produced an array of court decisions and case law addressing regulatory compliance, property rights, insurance coverage, and the persistent tension between state legalization and federal prohibition. DCC’s Track-and-Trace System Fell Short in California Superior Court Arguably, the most significant decision this year came from Orange County […]

Marijuana Rescheduling, If It Happens, Will Be Incremental Progress and Still Not the Answer

Introduction Rumors of marijuana rescheduling have again dominated the headlines, with reports that President Trump is considering an executive order to move marijuana from Schedule I to Schedule III of the Controlled Substances Act. [1] [2] As I previously discussed in my September 19, 2024 blog post, one fundamental truth remains unchanged: rescheduling does not […]

Southern California’s Cannabis Industry Confronts Numerous Challenges

California’s legal cannabis market is experiencing significant headwinds across Southern California. From the Central Coast to Los Angeles and down to San Diego, licensed operators face mounting challenges marked by declining tax revenues, business closures, and persistent competition from unlicensed operations. Compounding these challenges, a series of corruption scandals involving local officials has raised questions […]

The Cannabis Laws of the 2025 California Legislative Session

Although the 2025 California Legislative Session delivered only a handful of new cannabis laws, the bills that did get signed are poised to deliver significant impacts to the cannabis industry. Today, I published this article in The Los Angeles / San Francisco Daily Journal looking at this session’s cannabis laws that got signed, and the […]

California’s Track-and-Trace System Goes on Trial in an Orange County Courtroom, With National Implications

The five-year legal showdown between Catalyst Cannabis and California’s Department of Cannabis Control (DCC) over supply chain diversion is finally approaching a critical trial—one that could fundamentally reshape cannabis compliance, regulatory enforcement, and technology standards across the industry. Background: The Track-and-Trace Controversy At the center of this case lies the question of “diversion”: whether legally […]