NEWS & RESOURCES

Industry representatives warn that further raising taxes will push price-sensitive customers back into the illicit market, hurting businesses teetering on the edge and actually lowering cannabis tax revenue in the long run.

Have you heard? Californians are now paying 25% more in taxes on safe, legal, and regulated cannabis products. Ironically, this tax...

Initial hopes of a thriving cannabis economy have been crushed, and California’s market is now buckling under the weight of excessive taxation and regulatory burdens. Whatever happens next, we’ll own it.

Juan Manuel Garcia, a resident of Big Sur, said, "It's already pretty expensive living here. And like, there's already a lot of cannabis tax already. So like when you look at the receipt, like half of it is tax. So it's probably going to be a lot more. So definitely not happy about it." (California cannabis tax hike)

Democratic state Assemblymember Matt Haney introduced a standalone bill to eliminate the cannabis tax increase earlier this year, giving the state’s industry and consumers another shot at potential relief. If passed, however, the legislation is not likely to go into effect until next year, leaving the tax increase in place for at least six months.

California cannabis consumers and patients will start paying over 25% more in excise taxes on safe, regulated products on July 1st, pushing total tax burdens on legal cannabis to as high as 50% at retail locations across the state.