[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

LMFAO 🤣WHEN TRUMPS SPEAKS WE ALL LISTEN ... THIS JIVE A$$ TALKING TURKEY SHADY FOOL IS NOW A HAS BEEN FROM HOPE - CHANGE --- TO NOPE - DERANGED!

BREAKING: Christine Blasey Ford's Female Witness Doesn't Remember Anything

Ron Paul Tells Truth On Syria - Immediately Smeared

Ron Paul Tells Truth On Syria - Immediately Smeared

Ron Paul Tells Truth On Syria - Immediately Smeared

Medea Benjamin Shows America What Real Resistance Looks Like (consistently non-interventionist)

Former Trump Aide Jason Miller Accused of Secretly Administering Abortion Pill

Alex Jones “I’m Ready to Die” - Exclusive Interview After Being Banned

The White House is considering an antitrust investigation into 'online platform bias' at Google and Facebook — read the leaked document here

PayPal Cuts Off Alex Jones’s Infowars

Rosenstein suggested he secretly record Trump and discussed 25th amendment

Chelsea Clinton’s Abortion Claim Sounds Like Something Hitler Might’ve Said

Why Are We in Media Hell?

Trump's "Opposition" Supports All His Evil Agendas While Attacking Fake Nonsense

What Democrats Have Become; Brett Kavanaugh is a casualty of an anything-goes political resistance.

BREAKING: FORMER SCALIA LAW CLERK Drops Pictures and Evidence That Blows Christine Ford’s Case Wide Open

President Trump to North Carolina resident: 'At least you got a nice boat out of the deal'

Censorship and Propaganda in the Gulf War

Former Admitted Groper Cory Booker Says, ‘It Would Be Irresponsible Not To’ Consider 2020 Presidential Run

Laugh of the Day

Three Cheers for Price Gouging During Hurricane Florence

FEMA: Trump administration will send ‘presidential alerts’ to cellphones across America

Young Christine Blasey Ford remembered as popular figure in Dewey Beach bar scene in 1980's

Kavanaugh accuser Christine Blasey Ford's team lays out terms it wants for potential Senate interview, sources say

Are Social Media Companies Banning Because Of What Happens In "Real World"? (Face to Face, not online)

COURT DOCUMENTS: Sherrod Brown’s Ex-Wife Accused Him of Assaulting Her

Trump advised Spain to build wall across Sahara to stop migrants

Republicans may 'compel' testimony from Fusion GPS researcher Nellie Ohr, ex-FBI official James Baker

Pope Francis says the devil is causing people to question the Catholic Church

'Family Values' Senator(R) Sentenced to 15 Years for Child Sex Trafficking and Child Porn

Beto O’Rourke to Black American: Illegal Immigrant Labor Needed for Cotton Gin

Kavanaugh Accuser’s Classmate Backs Off Claim She Heard About Alleged Assault

Grassley Ltr to Feinstein Re UNREDACTED Ltr of Christine Blasey Ford (19 Sep 2018)

Pelosi, Schumer, Schiff, Warner Write Letter to Rosenstein, Wray Demanding They Withstand Pressure to Violate DOJ and FBI Norms

Huh. Democrats really don’t want those Carter Page FISA docs released

BOMBSHELL: Comey’s FBI said to have kept TWO sets of records regarding ‘Spygate’ operation

FBI, Justice Dept plan to redact Russia documents despite Trump order for full declassification: report

Ex-CIA Chief John Brennan Encourages Deep State to Defy President Trump’s Declassification Order

The SOBs got to Norm Macdonald

We Need to Stop Scapegoating Third-Party Voters

1 Corinthians 11:28-30

City Forced to Abolish Civil Asset Forfeiture and Pay Back Victims the Millions It Stole from Them

Politicians–Not Hurricanes–Ensure Shortages

LEFT WING NEVER TRUMPER Trump's Tariffs Will Cost More Than Obamacare's Taxes

Prince Harry's Friends Reportedly Have an "Issue" with Meghan Markle

Feinstein under fire for handling of sexual assault allegations against Kavanaugh

Austin man behind 3D-printed gun company charged with sex assault involving minor

Plagiarists Or Innovators? The Led Zeppelin Paradox Endures

The Uglification of America

Kavanaugh- Another Fake Sideshow


Status: Not Logged In; Sign In

Business
See other Business Articles

Title: Study: Calif. Pot Industry Staying Illegal to Escape State’s High Taxes, Onerous Regulations
Source: CNS News
URL Source: https://www.cnsnews.com/blog/craig- ... cape-states-high-taxes-onerous
Published: Mar 8, 2018
Author: Craig Bannister
Post Date: 2018-03-11 13:21:20 by misterwhite
Keywords: None
Views: 181
Comments: 13

California’s trademark high taxes and overwhelming, onerous, costly and confusing regulations are preventing the state from reaping the revenue benefits of legalizing the $7 billion marijuana market, a new study by the California Growers Association concludes.

As of Thursday, California’s Bureau of Cannabis Control has sent about 980 warning letters to unlicensed pot sellers and ordered a marketing company to stop advertising vendors who don’t have permits, Bureau Chief of Communications Alex Traverso told CNSNews.com.

Less than one percent (0.78%) of the state’s 68,150 marijuana growers have obtained licenses, and as little as 25 percent of the cannabis consumed in California is currently being purchased from licensed retailers, “An Emerging Crisis: Barriers to Entry in California Cannabis – California Growers Association,” finds.

The reason: government greed and overregulation have made it easier and more practical to remain illegal – the same reasons companies typically cite for relocating to another state.

California’s “disregard or lack of concern for the cost (especially one-time costs) of regulatory compliance,” is keeping pot sellers underground, the study concludes.

Exceeding 60 percent, California’s effective tax rate is the highest of any state where cannabis is legal. Water, testing, and historic land use impact regulations are too costly and burdensome, the study finds. And, requiring licensed businesses to buy new generators, instead of retrofitting their current equipment to meet government standards, is both unnecessary and cost-prohibitive. Annual tax-revenue had, intially, been projected to be about one billion dollars.

More than half (57%) of the trade association’s members say a lack of clarity in the “hundreds of pages” of regulations and compliance rules is a significant barrier to entering the legal market.

And, “most Californians” are used to getting their marijuana from illegal sources and 20 percent of marijuana businesses began their operations prior to legalization, the study finds. What’s more, “as many as 30 percent of the growers in the state live off the grid.”

--- More at link ---

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: All (#0)

Yeah. Legalize it and tax it! We'll make billions!

misterwhite  posted on  2018-03-11   13:22:11 ET  Reply   Trace   Private Reply  


#2. To: misterwhite, free market capitalism (#0)

Another win for free market capitalism. The gov commies are losing.

hondo68  posted on  2018-03-11   13:34:48 ET  Reply   Trace   Private Reply  


#3. To: misterwhite (#1)

We'll make billions!

What is the velocity of munchy money?

VxH  posted on  2018-03-11   13:50:54 ET  Reply   Trace   Private Reply  


#4. To: misterwhite (#0)

Study: Calif. Pot Industry Staying Illegal to Escape State’s High Taxes, Onerous Regulations
Duh ...

And NOBOBY saw this COMING....wow, just WOW !!!

Gatlin  posted on  2018-03-11   15:06:23 ET  Reply   Trace   Private Reply  


#5. To: Gatlin (#4)

The dopers knew this "legalize it and tax it" scheme would never work. They just wanted it legalized. Screw the taxes.

misterwhite  posted on  2018-03-11   19:03:00 ET  Reply   Trace   Private Reply  


#6. To: misterwhite (#5) (Edited)

legalize it and tax it

That (and the medical weed myth) was the stepping stone to sell legal weed. After its recreationally legal everywhere, potheads will scream unfair taxation and give up the lie that weed cures everything propaganda.

Potheads are like any other criminal, manipulative.

I'm the infidel... Allah warned you about. كافر المسلح

GrandIsland  posted on  2018-03-11   20:06:04 ET  Reply   Trace   Private Reply  


#7. To: GrandIsland (#6)

potheads will scream unfair taxation

Of course. But that will be their excuse to buy untaxed street marijuana. Once it's in the bag, who knows where they got it.

Then we end up with legal marijuana and no tax revenue.

misterwhite  posted on  2018-03-11   20:40:23 ET  Reply   Trace   Private Reply  


#8. To: VxH (#3)

What is the velocity of munchy money?

So fast you can't tax it.

misterwhite  posted on  2018-03-11   20:41:19 ET  Reply   Trace   Private Reply  


#9. To: misterwhite (#0)

$7 billion marijuana market

LOL.

That's a lot of laundry run through the "Tarantula Juice".

All that cash has to be going somewhere.

VxH  posted on  2018-03-11   21:23:04 ET  Reply   Trace   Private Reply  


#10. To: VxH (#9)

$7 billion marijuana market

Sessions has his work cut out for him.

misterwhite  posted on  2018-03-12   8:55:34 ET  Reply   Trace   Private Reply  


#11. To: misterwhite, VxH (#10)

$7 billion marijuana market

Sessions has his work cut out for him.

How Uncle Sam Launders Marijuana Money

“Truth is treason in the empire of lies.” - Ron Paul

Those who most loudly denounce Fake News are typically those most aggressively disseminating it.

Deckard  posted on  2018-03-12   9:12:17 ET  Reply   Trace   Private Reply  


#12. To: misterwhite (#10)

Sessions has his work cut out for him.

How's the poodle whisperer doing with that "Jail Hillary" work?

VxH  posted on  2018-03-12   10:08:12 ET  (1 image) Reply   Trace   Private Reply  


#13. To: Deckard (#11)

How Uncle Sam Launders Marijuana Money

It's all drama.

The entire economy now runs on the fumes that come from keeping the Velocity of bullshyte running at full throttle.

Which does society benefit from more:

A: providing for the care of the individuals it has failed to motivate
B: incarcerating those same individuals it deliberately fails to motivate for the benefit of the prison industrial complex?

"EDUCATING THE COMMON PEOPLE, THIS IT IS THE BUSINESS OF THE STATE TO EFFECT AND ON A GENERAL PLAN"
--
Thomas Jefferson

VxH  posted on  2018-03-12   10:28:51 ET  (1 image) Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com