California

quaint

(4,178 posts) Tue Sep 23, 2025, 09:15 AM Tuesday

California looks to boost 'dying' cannabis market with tax cut

KTLA

California Gov. Gavin Newsom signed a bill on Monday to roll back a planned tax increase on the state’s legal cannabis industry in an effort to bolster the market and ensure its long-term success.

AB 564 will not only reverse a scheduled 25% tax increase on the cannabis industry but also set the state’s cannabis excise tax rate at 15% until 2028, a news release from the Governor’s Press Office stated.

“We’re rolling back this cannabis tax hike so the legal market can continue to grow, consumers can access safe products, and our local communities see the benefits,” Newsom said.

In addition to the tax break, Newsom’s administration has also taken measures to increase enforcement efforts against illegal operators.

10 replies

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California looks to boost 'dying' cannabis market with tax cut (Original Post) quaint Tuesday OP

Stop treating it like kryptonite, just legalize it once and for all, treat it like coffee or tea. Blues Heron Tuesday #1

It should be more than Tea or Coffee IbogaProject Tuesday #5

Fine tea needs major hands on labor, just like weed, no difference. It's just not that complicated. Blues Heron Tuesday #6

Market wont grow until they can legally Johonny Tuesday #2

High taxes have driven many from dispensaries back to the illegal market. quaint Tuesday #3

street dealers will always undercut govt dealers lol....newsom keeping prices artificially high wont help nt msongs Tuesday #4

Newsom does not set prices and he is rolling back tax increases. quaint Tuesday #7

Dispensary prices are more than double than elsewhere JoseBalow Wednesday #8

In the 70s, acquisition not a problem. quaint Wednesday #9

That's a nice convenience worth an added fee, if needed. JoseBalow Wednesday #10

Blues Heron

(7,613 posts)

1. Stop treating it like kryptonite, just legalize it once and for all, treat it like coffee or tea.

Reply to quaint (Original post)

Tue Sep 23, 2025, 09:28 AM

Tuesday

Why the fuck is weed the most expensive agricultural product in history? It’s a weed. I can get a pound of fine quality Ceylonese tea for 12 dollars. That’s about how much weed should be, the labor is comparable.

That means an eight should be about ten cents if it was priced honestly. Instead, it’s 40 DOLLARS.

IbogaProject

(5,022 posts)

5. It should be more than Tea or Coffee

Reply to Blues Heron (Reply #1)

Tue Sep 23, 2025, 03:47 PM

Tuesday

It does need more careful handling and processing. But it shouldn't be anywhere near the current NY or California prices. Michigan, Washington State and Oregon have much more sensible tax levels and pricing.

Blues Heron

(7,613 posts)

6. Fine tea needs major hands on labor, just like weed, no difference. It's just not that complicated.

Reply to IbogaProject (Reply #5)

Tue Sep 23, 2025, 03:56 PM

Tuesday

Johonny

(24,756 posts)

2. Market wont grow until they can legally

Reply to quaint (Original post)

Tue Sep 23, 2025, 09:46 AM

Tuesday

Export it. To do that, they need to drop the federal laws.

quaint

(4,178 posts)

3. High taxes have driven many from dispensaries back to the illegal market.

Reply to Johonny (Reply #2)

Tue Sep 23, 2025, 09:51 AM

Tuesday

msongs

(72,497 posts)

4. street dealers will always undercut govt dealers lol....newsom keeping prices artificially high wont help nt

Reply to quaint (Original post)

Tue Sep 23, 2025, 03:20 PM

Tuesday

quaint

(4,178 posts)

7. Newsom does not set prices and he is rolling back tax increases.

Reply to msongs (Reply #4)

Tue Sep 23, 2025, 04:50 PM

Tuesday

JoseBalow

(8,475 posts)

8. Dispensary prices are more than double than elsewhere

Reply to quaint (Original post)

Wed Sep 24, 2025, 03:54 PM

Wednesday

Often much more than double... And the quality is not necessarily any better. Buying "legal" weed is just not worth it for most people, given that it's ubiquitous.

quaint

(4,178 posts)

9. In the 70s, acquisition not a problem.

Reply to JoseBalow (Reply #8)

Wed Sep 24, 2025, 05:08 PM

Wednesday

In my 70s, no longer driving due to vision, acquisition by dispensary delivery.

JoseBalow

(8,475 posts)

10. That's a nice convenience worth an added fee, if needed.

Reply to quaint (Reply #9)

Wed Sep 24, 2025, 07:02 PM

Wednesday

I've got a few older friends I turn on with my harvest, definitely saves them a hassle. And it's a good reason to pay a visit!

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