Posts Tagged: City of Sacramento
An image illustrating research into public-private partnerships. (Photo: Ada Ghazali, via Shutterstock)
OPINION: The pandemic caused devastating economic damage to our communities. While the job market may never return to what it was before 2020, it’s undeniable that government action, combined with the ingenuity of small businesses and corporations, staved off what could have been even further socioeconomic harms.
A flowering marijuana plant in a California destined to be used for medicinal purposes in California. (Photo: PRO Stock Professional
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.”