Lawmakers want to cut California's pot taxes to help lagging legal market

  • 📰 latimes
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 82%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Frustrated that California’s licensed marijuana industry is struggling against the black market, a group of state officials is pressing to slash taxes on legal pot.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Good.

Imagine that? Irony is a Biatch

Liberal over regulation

Let me guess they’ll raise cigarette taxes?

“Miss me with the bullshit” - - y’all can’t keep y’all $50 1/8ths lol the homie gotta it for less! 🤷🏾‍♀️

The prices are ridiculously high. 30-80% more expensive at dispensaries than buying from “Black Market,” AKA your friend. At dispensaries in Long Beach, top quality 1/8s go for $50+, then add 35% tax and your out the door price is $67.50!!!That’s just crazy expensive.

Noooooo.....really? LOL

I told people over and over who didn’t believe me: “if you can get incredible wine from a friend, for cheaper than some other wine at the store, lots of people are gonna buy wine from that friend, before they buy from the store.” Not a tough concept.

As a prior official spokesperson against Prop 64....Told ya!

Imagine 5 people open a burger King on the same block...... That's what's happening here.

Yeah, too many regulations and a lot of cities won’t allow legal dispensaries. They need to re-write the bill

Yea because they taxing on the grams!

Please to be getting more dispensaries in more cities as well.

In order to compete with the black market, the licensed marijuana industry has to provide a CHEAPER product, plain and simple.

Why is there no reporting on crime statistics and productivity in Colorado, Washington since legalized......up/down Seems kinda important 🧨

cesspool buildTheWall

Just another reason to build a wall.

There’s enough money to be made for everyone . The problem is the more they make the more they want

That’s what you get for that sky high tax

Good. Fuck them hipsters.

Prices have gone down, not up. The problem is cities are denying permits.

Is competition primarily from the black market dealers or the cops who sell and have found a way to minimize their manufacturing and other costs?..Different solutions to each.. - CA’s licensed marijuana industry is struggling to compete vs the black market

I've actually seen the prices of flower decline, even more businesses selling more for less, but I've also noticed concentrates and marijuana vape pens increase in price since the start of legalization last year

Just keep quality high. Taxes are one of the benefits to the state wise enough to legalize. Proper enforcement of distribution by black market should help.

Lower prices

Well 25 percent tax on everything will do that

Lies I live in California

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 11. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Cost cuts can help UBS ride market ructionsThe Swiss bank reported a 2 percent increase in pre-tax profit despite a torrid end of 2018. The investment bank crashed to a quarterly pre-tax loss, while wealth management assets fell. The tougher environment puts more pressure on CEO Sergio Ermotti to hit his expense targets.
La source: Breakingviews - 🏆 470. / 51 Lire la suite »

$1.5 trillion tax cut had no major impact on business spendingThe Trump administration's $1.5 trillion cut tax package appeared to have no major impact on businesses' capital investment or hiring plans, according to a new survey. Duh. 🤣🤣🤣 OK. Sure. , 🛑 embarrassing yourself It was never meant to do that. Only to further enrich the richest.
La source: NBCNews - 🏆 10. / 86 Lire la suite »

$1.5 trillion U.S. tax cut has no major impact on business capex plans: surveyThe Trump administration's $1.5 trillion cut tax package appeared to have n... TV The billionaire-yacht industry is doing great though! You forgot to mention that! TV GaryCohn7 knew this. TV It is time to repeal this tax cut and pour the revenue into infrastructure. Maybe enough left over for Trump’s down payment on the wall. The US cannot financially afford both.
La source: Reuters - 🏆 2. / 97 Lire la suite »