California Officials Suggest Switch to Potency-Based Cannabis Tax Rates

Ganjapreneur
By TG BranfaltDec 18, 2019, 11:23 am199 pts
California’s non-partisan Legislative Budget Office is suggesting the state move to a “potency-based or tiered ad valorem tax” for cannabis to stabilize revenues and discourage abuse. The report recommends that the state get rid of the tax on cultivators based on weight but said if the state keeps the…

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