6min chapter

The Cannabis Investing Podcast cover image

California's Cannabis Market - Deep Dive, Part II

The Cannabis Investing Podcast

CHAPTER

Cannabidiols in California

Cannabas in california is taxed at least four, sometimes five or six times before it reaches the end consumer. The cultivation tax was eliminated as of july first and that's a really big step forward. It'll still be hard for the legal market to compete with the illegal market. And we can talk through what seems feasible over the next year or two to bring down those other taxes. But we've eliminated one o five, which is good but obviously is not a silver bullet.

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