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Proposed California Bill aims to give tax relief to cannabis retailers in hopes of strengthening legal pot industry

Summary by KEYT

SANTA BARBARA COUNTY, Calif. — California’s cannabis industry has hit a few potholes. Public Health Institute Senior Advisor, Dr. Lynn Silver, says the market is just too saturated. Production has far surpassed demand, leading to a dramatic price drop. “Even though sales have continued to go up in California, the unit price went down. And so they're making less money than they expected to,” said Dr. Silver. Santa Barbara County received $1.3 m…

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Proposed California Bill aims to give tax relief to cannabis retailers in hopes of strengthening legal pot industry

4 days ago

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Richest People In The Cannabis Industry - GIS user technology news

“Cannabis” has remained an integral part of human civilization across the centuries. From being used for its medicinal properties to getting a recreational “high,” it has played a crucial role in the evolution of human society. However, the late 70s brought a new form of challenge to the cannabis industry in the form of the […] The post Richest People In The Cannabis Industry appeared first on GIS user technology news.

3 days ago

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