Viewing entries tagged
California cannabis tax

California Cannabis Tax: What It Means For Businesses and Customers

California Cannabis Tax: What It Means For Businesses and Customers

California’s cannabis legalization measure has been hailed by most as a timely, if not long overdue, step into the future. However, not all cannabis fans supported the measure. Many pro-cannabis opponents took issue with the new tax system, and the ways it could affect businesses and low-income patients. For many consumers, the hype surrounding legalization obscured the substantial tax hike behind the scenes, learning about the increased costs only on their first visit to a dispensary. To make matters worse, the high costs also applied to medical patients who saw no change in their ability to purchase cannabis, but still faced a massive