Cannabis dispensaries fight to stay afloat under layered taxation system

Cannabis dispensaries fight to stay afloat under layered taxation system

By Ken Magri | Solving Sacramento Despite the legal cannabis market initially seen as a golden enterprise for generating local tax revenues, Sacramento dispensary owners say they are increasingly unable to turn a profit. There is concern among these local business owners about high overhead costs, competition from unlicensed sellers and especially, multiple tax rates.  “Dispensary sales within the city of Sacramento have significantly declined …