cannabis Monterey

Tax Trim for Cannabis in Monterey

A significant tax cut was recently supported by a cannabis committee in the Monterey County. Last week Monday saw a committee gathering where a tax cut of between 50 and 75% was discussed, with Supervisors John Philips and Luis Alejo agreeing on the tax cut in order to give young start-up businesses an opportunity to flourish in the emerging market. The marijuana industry had high financial expectations which the State is finding difficult to reach amid the high cost and expenses involved. Each county or city within the Golden State is given the right to adjust and amend certain regulations, including taxation. This tax cut is amid reports of the cannabis industry failing to reach significant targets and comes to offer support and aid to startups in the young industry, including cannabis dispensaries in Monterey and other businesses cannabis related in Monterey. Due to the industry being new, there are …

Continue Reading
0

Your Cart

PotValet Logo

Pot Valet (21+) Adults Only

I confirm that i am an adult over the age of 21

loading