California’s low marijuana tax stream complicating MJ business climate

MJBizDaily
By John SchroyerMay 9, 2018, 6:30 am
A lower-than-expected first quarter of marijuana excise tax income in California has thrown a wrench into the works for those hoping state lawmakers might drop tax rates to help combat the black market. Between January and the end of March, California took in only $34 million in excise tax revenue from…

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