High taxes on licensed marijuana makes for a more expensive product. Starting January 1, 2020, that tax will go up. Industry analysts say that’s only going to make more people buy weed the illegal way, and hurt the pot shops that are trying to follow the rules.
California hikes up taxes on marijuana for 2020
Credits
Guest:
- Mike Feuer - LA city attorney, candidate in 2022 LA mayoral race - @Mike_Feuer