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California’s statewide tax hike hit SLO dispensaries on July 1, sparking concerns for competing with the illicit market.
After rising quickly with legalization and the pandemic, data shows legal cannabis sales have cooled in some large counties.
At 7.25 percent, California has the highest state sales tax rate in America. But that is just the beginning. Local governments are permitted to levy additional sales taxes and, ...
But the celebration comes amid new financial strain. California’s excise tax on legal cannabis recently increased from 15% to ...
A court-created opening enables approval with a simple majority rather than the two-thirds in the state Constitution.
EVs account for 22% of California sales - or 293,000 through Sept. 30 - and it is unclear how much the state program would cost and if it would include the federal $4,000 tax credit for used EVs ...