Humboldt County Considers Tax Incentives for Small Cannabis Farms

Humboldt County regulators are considering a plan to offer tax incentives for small and efficient cannabis farms that can meet energy, infrastructure, and footprint standards.

Humboldt County, California officials are mulling a plan to offer tax incentives to small and older cannabis farms for meeting energy, infrastructure, and footprint standards, according to a Times-Standard report. The incentives amount to a reduction of 10 percent or $1,000 – whichever is greater – on tax payments, with a $5,000 cap.

The county’s old cannabis laws have “less stringent requirements,” according to a county document outlined by the Times-Standard, and the tax incentives would be available to farms licensed under the old standards but operate under the new rules.

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Humboldt County Considers Tax Incentives for Small Cannabis Farms

 

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