The promise of ‘social equity’ has been a key narrative tied to California’s legalized pot industry. So far, efforts have been mired by costly delays.“CCIA has been lobbying for the elimination of the cultivation tax since it went into effect four years ago,” read the cannabis association’s statement.
In their statement, the industry group said the work is far from over and that the survival of the regulated cannabis industry requires providing stable tax revenues to the state as well as advancing public health and safety. “The most visible improvement will be supporting the legal, regulated market in cannabis,” Raich said. “The problem we have had ever since 2018 when we entered this regulated and taxed paradigm in California is that the regulations are too severe, too strict, and the taxes are so high that the vast majority of the market is still the underground market.”
The system in place before the passage of AB 195 was also making it difficult for small-scale cultivators to earn a living, Raich said.Cannabis entrepreneurs complain that the sluggish rollout of L.A.’s social equity program is hurting some of the people it was supposed to help.
Q. How can you tell a business has politicians in its pocket? A. The politicians cut its taxes.
So they'll decrease taxes for pot but not businesses, gas, property, etc. Shows where the Dems' priorities are.
What happened to 'fair share'?