How California Lost Its Way on Cannabis and What Lawmakers Can Do to Fix It
Among other things, the authors call on lawmakers to entice cities that have been opposed to marijuana operations within their borders.
In a major win for the legal marijuana industry, San Francisco supervisors have agreed to suspend the city’s Cannabis Business Tax through the end of next year.
Lompoc voters have approved a tax increase on marijuana manufacturers and distributors in the city.
From Avenu Insights & Analytics
Time and again, cities have demonstrated the economic benefits of lowering cannabis tax rates. Now, it’s California City’s turn.
California voters have approved at least 23 local marijuana measures. Most of them authorize taxes on cultivation, retail, distribution and/or delivery.