What California's lower cannabis tax will mean for the programs that get the revenue
NegativeU.S News
California has reduced its cannabis tax from 19% to 15% in an effort to encourage continued purchases in the legal market. This decision has raised concerns among youth groups and drug-prevention programs that rely on the tax revenue for funding. The reduction in tax could potentially impact the financial support these organizations receive, which is crucial for their initiatives aimed at preventing drug use among young people. The change reflects a balancing act between maintaining a competitive legal market and ensuring adequate funding for public health programs.
— via World Pulse Now AI Editorial System