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Los Angeles Raises Cannabis Tax Rates Keeping the Illicit Market Alive and Well in CaliforniaHigh & Marijuana Blog | Cannabis.Net

Voters adopted Measure C earlier this month, setting a tax schedule for these enterprises once they are eventually allowed, in the interim. The proposal established a number of initial tax rates, including $4 per square foot for cultivation under mixed lighting and $7 per square foot for cultivation indoors. The rates were set at 4% for retail gross receipts and 3% for production and distribution.

Voters adopted Measure C earlier this month, setting a tax schedule for these enterprises once they are eventually allowed, in the interim. The proposal established a number of initial tax rates, including $4 per square foot for cultivation under mixed lighting and $7 per square foot for cultivation indoors. The rates were set at 4% for retail gross receipts and 3% for production and distribution. High & Marijuana Blog | Cannabis.Net Read More or Shop @ https://pinkplanes.com/shop/