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California pot industry gets worst possible
tax news

Original Article

Posted By: NorthernDog, 5/2/2025 2:07:15 PM

California's beleaguered pot industry was given another piece of bad news Thursday afternoon: The state cannabis tax rate will increase from 15% to 19% on July 1, the highest allowed by state law. The 26% change, devised by Gov. Gavin Newsom, is ironically being made precisely because the state's legal industry is floundering while the illicit market thrives. (Snip) Jerred Kiloh, the president of the United Cannabis Business Association, said the tax increase will only make it harder for legal stores to offer cannabis at a price point that competes with illegal stores. "More businesses will close sooner as the

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The black market pot sellers will be delighted.

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Reply 1 - Posted by: DVC 5/2/2025 2:20:21 PM (No. 1944223)
Going to help the criminal illegals to continue their crime wave in California.
7 people like this.

Reply 2 - Posted by: mc squared 5/2/2025 2:37:12 PM (No. 1944235)
"Gov. Gavin Newsom, is ironically being made precisely because the state’s legal industry is floundering while the illicit market thrives" Gee, no one saw that happening. Maybe raise the state tax more to drive out the 'private' growers..
5 people like this.

Reply 3 - Posted by: rocket-j-squirrel 5/2/2025 2:39:21 PM (No. 1944236)
The pot dude's name is Kiloh?
3 people like this.

Reply 4 - Posted by: Attila DiMedici 5/2/2025 3:05:44 PM (No. 1944244)
As I understand it, there are all kinds of regulations for pot dealers who want to follow the law in California, but they no longer prosecute dealers for selling pot illegally. Why would anyone bother to get a license to legally sell pt in California?
5 people like this.

Reply 5 - Posted by: Jethro bo 5/2/2025 3:31:14 PM (No. 1944267)
Leave it to goobernment to figure out a way to make a cheap affordable illegal drug into a legal unaffordable drug.
8 people like this.

Reply 6 - Posted by: DiegoDude 5/3/2025 6:20:55 AM (No. 1944523)
Who didn't see this coming? What pothead wants to pay high prices for government weed when the black market undercuts stare prices? Plus, black market sales will allow you to remain anonymous.
1 person likes this.

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