13th April 2022
California's Local Governments Are Taking a Stand Against the Cannabis Tax 'Crisis'
California’s cannabis industry is acknowledged as one of the most profitable in the United States, with the industry yielding $333 million in cannabis taxes during the second quarter of 2021. However, state lawmakers are moving at a snail’s pace to lower cannabis taxes.
Cannabis industry taxation in California is starving companies of the opportunity to thrive, compete, and profit. The state’s hefty cannabis taxes are strengthening the illicit market, and to make matters worse, the cannabis exc