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California Cannabis Taxes Cut; Prices Likely to Stay the Same

California Cannabis Taxes Cut; Prices Likely to Stay the Same

7/1/22

"After years of increasingly desperate pleas for relief from burdensome California cannabis taxes that jeopardize the entire marijuana legalization experiment, the state’s cannabis industry—the oldest and still the largest marijuana market in the US—finally got something of a break in late June. However, consumers may not notice, as most California cannabis taxes remain in place.

“It’s a good first step towards genuine reform,” said Amy Jenkins, a Sacramento, Calif.-based lobbyist who worked on passing the bill. “But there’s still a lot more work to do.”"

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Source : https://cannabisnow.com/california-cannabis-taxes-cut-prices-likely-to-stay-the-same/

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