Trump Tariffs Ignite Cannabis Price Crisis: Act Now or Pay More!

How New Import Levies Threaten U.S. Cannabis Consumers and Industry President Donald Trump’s latest tariffs are sending shockwaves through the U.S. cannabis market, promising to drive up prices for consumers and heap pressure on an already strained industry. Announced earlier this week, these sweeping import levies, including a 10% universal tariff on all goods and additional duties reaching up to 50% on specific countries, are poised to hit cannabis users hard. Set to take effect on April 9, 2025, the measures target key manufacturing hubs like China, Canada, and Mexico, leaving companies scrambling and consumers bracing for higher costs. With cannabis stocks tumbling and experts warning of a shift to the illicit market, the stakes couldn’t be higher. Here’s an indepth look at how Trump’s tariffs on imported cannabis products will reshape the landscape for U.S. users, growers, and businesses. Trump Tariffs on Imported Cannabis Products: A Costly Blow The U.S. cannabis industry r...