Posts Tagged: black market
Commercial marijuana being dried at a California facility. (Photo: Shutterstock)
With cannabis taxes to rise on Jan. 1 and a legitimate business landscape plagued by a thriving black market, California’s marijuana industry faces uncertainty. The tax hike — like others before it — stems from a state law requiring the California Department of Tax and Fee Administration to recalculate the cultivation tax rates once a year because of inflation.
A young woman puffing on a vaping device. (Photo: Aleksander Yu, via Shutterstock)
OPINION: For decades, vaping has served as a viable alternative to meet evolving consumer preferences and medical needs. But in recent weeks, a public health crisis has emerged. State officials are working around the clock to develop potential solutions to address this critical situation – as demonstrated in Wednesday’s legislative hearings and ongoing discussions about the issue.