CA: Weed For Warriors Want New Ballot To “Fix Cannabis”

MJ Biz reports

After enduring years of frustration stemming from myriad business complications, the California marijuana industry might soon have a way to “fix legal cannabis” in the state.

A statewide ballot measure is being floated that could potentially ease the high taxes, regulatory burdens and illicit-market competition the California industry has been dealing with since 2016, when Proposition 64 – the initiative that legalized adult-use cannabis – was passed.

In a bid to undo the complications caused by Prop 64, the military veterans marijuana advocacy group Weed for Warriors has been quietly circulating a draft ballot initiative in recent weeks, soliciting support from cannabis businesses, labor unions, politicians, medical marijuana patients and anyone else they can bring to the table.

According to a summary by Weed for Warriors, the 65-page draft measure would:

  • Remove local control of cannabis licensing, thus opening business opportunities in far more jurisdictions.
  • Eliminate state marijuana cultivation taxes.
  • Lower the state cannabis excise tax rate from 15% to 5%.
  • Prohibit local marijuana taxes but devote 20% of state taxes collected to localities.

Read full article at

https://mjbizdaily.com/california-marijuana-advocates-drumming-up-support-for-proposed-statewide-ballot-measure/

 

Weed For Warriors Website

 

Primary Sponsor

Cannabis Banking - FinCann

New: Free USA Cannabis Case Law Search – New Cases Daily

Directory Categories

Karma Koala Podcast

Sponsor – aBizinaBox

Top Marijuana Blog
%d bloggers like this: