Marijuana, cannabis, flowering plant as medicinal medicine, grass in sunset sunlight
OPINION; California cannabis regulations are taking one step forward and two steps back. Two landmark – and at times polarizing – pieces of legislation for California’s cannabis market are currently making waves: The state is set to raise the cannabis cultivation tax while regulators have announced plans to standardize cannabis testing.
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.