Can Tax Breaks Quash California’s Illegal Cannabis Market?

Cannabis Wire
By Alyson MartinJan 29, 2019, 6:50 am316 pts
The California Treasurer and lawmakers announced a bill Monday that would give legal cannabis businesses a tax break in an attempt to support legal businesses while suppressing the black market. Specifically, the bill would temporarily cut the state’s cannabis excise tax by 4%, from 15% to 11%, and also…

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