Opinion
Governor Newsom, please vote yes on SB51 for California social equity retail cannabis applicants
The War on Drugs disproportionately impacted Black and Brown communities
The War on Drugs disproportionately impacted Black and Brown communities
The California cannabis conundrum: A lot more weed, a lot less money. Since Proposition 64 took effect earlier this year, the cannabis industry has raked in nearly $135 million of revenue for the state through sales taxes, not including local jurisdiction taxes. Even with increased sales each quarter, some officials are calling the revenue “substantially below projections.”