Report: Removing Cultivation Tax Would Double California’s Cannabis Tax Revenues

Ganjapreneur
By Graham AbbottMay 5, 2022, 4:06 pm129 pts
California could potentially double its cannabis tax revenue by eliminating the state’s cannabis cultivation tax, according to a new report by the Reason Foundation. Currently, cannabis companies in California face some of the steepest tax rates in the country. The 36-page report, titled “The Impact of…

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