Today’s Headlines: Taxes and regulations are killing small legal weed farms California vowed to help
Hello, it’s Thursday, Dec. 29, and here are the stories you shouldn’t miss today:
Taxes and regulations are killing the small legal weed farms California vowed to help
In place of handcuffs and prison sentences to deter cannabis cultivation, California has established a vast system of taxes, fees and regulations to control it. The taxes are steeper and the rules more onerous than those in other agricultural sectors. Small California cannabis farmers say they are increasingly impossible to comply with given the glut of weed on the market and the plummeting price per pound of wholesale pot.
“Are all the small farmers destined to fail? That’s our biggest fear,” a farmer said one recent morning. “It’s the War on Drugs Part II.”
California’s institutions face thousands of sexual abuse lawsuits
California is seeing a flood of new litigation. Spurred by a 2020 change in state law, thousands of