An increasing number of county and local elected officials across California are acknowledging a longtime cannabis industry grievance – legal companies’ taxes are too high – and cutting local levies on retail sales, business operations or both.
At least 14 cities and counties in the state – including key consumer markets such as Los Angeles and San Francisco as well as less-populated, production-focused areas like Calaveras and Humboldt counties – have reduced or eliminated local sales, business or cultivation taxes over the past year, according to research compiled by Hirsh Jain of Ananda Strategy, a Los Angeles-based consultancy.
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The trend reflects a growing acceptance among elected officials that legal marijuana in the state’s roughly $6 billion market is simply too expensive for California consumers who can patronize a still-thriving illicit market that regulators and law enforcement have been unable to punish out of existence.
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