Henrietta's cannabis success leads to tax rollback and community benefits

Feds ‘shooting themselves in the foot’ on cannabis excise tax as some producers choose illicit market over bankruptcy

Cannabis marketing CEO Lisa Campbell says she expects more than half of the existing licensed producers and retailers will fold in a year, well before ISED's strategy table consultations conclude.

DESERT HOT SPRINGS, Calif. (KUNA) - Desert Hot Springs, long known as a major cannabis hub in the Coachella Valley, is considering a drastic measure to help struggling dispensaries: reducing the city's cannabis tax from 10% to 5%. The proposal comes at a time when local cannabis businesses are facing increasing pressure from high taxes, the illegal market and dispensaries on tribal lands that don't have the same tax requirements. At the city cou…

Henrietta's cannabis success leads to tax rollback and community benefits

According to the state, Henrietta is demonstrating how legal cannabis can benefit communities in tangible ways.

Sonoma County joins growing list of California localities rolling back cannabis taxes - Cannabis News World

The new rates, which still require a second board vote, are expected to go into effect on July 1. The post Sonoma County joins growing list of California localities rolling back cannabis taxes appeared first on Green Market Report.

Without tax relief, California cannabis stores need ‘significantly’ more customers

Licensed cannabis stores in California would have to attract almost 200 extra customers a month to keep revenue steady if taxes increase on July 1, according to one retailer's analysis. Without tax relief, California cannabis stores need 'significantly' more customers is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs