California Cannabis Industry Association (CCIA)
Wads of cash in trash bags: The wild story of how Sacramento pot shops pay their taxes
When the owners of Sacramento’s retail cannabis dispensaries pay their taxes, they walk into City Hall hauling trash bags or backpacks stuffed with cash, sometimes hundreds of thousands of dollars in a single trip.
This, for obvious reasons, initially raised alarms among everyone involved. Worried about counting so much cash at the first-floor revenue counter at City Hall, staffers allowed the dispensary owners to come behind the glass and get their money counted in a traditionally restricted area... READ MORE