Gov. Newsom Pledges Marijuana Tax Overhaul To Save California's Collapsing Cannabis Industry
Gov. Newsom Pledges Marijuana Tax Overhaul To Save California's Collapsing Cannabis Industry
In 2016, there was much celebration as California voters approved Proposition 64, legalizing recreational marijuana. But now, advocates say the cannabis industry has fallen on hard times and in his budget presentation on Monday, Governor Gavin Newsom pledged his support to try to save it. John Ramos reports.
Of Course they gonna go out of business, people can grow their own 😆 🤣 , selling weed is a high school job… 😆
In my opinion if you want to get high you are a pay the tax
Do he smoke dope secretly!?
The Dems 🏳️🌈 promised that by legalizing Big Marijuana 🎩 they would end the illegal trade and make enough money to pave the streets in gold. Now they are admitting another epic progressive 🏳️🌈 fail👎
It’s too late you already pushed everyone to buy off the streets when a oz is $100-$200
The dulling of America continues…
legitimacy comes with perks or at least it should, show them they did the right thing by following the law and support them like any other struggling industry, then they can go back when they are fiscally sound. It reminds me of the people laughing at me as I paid at Walgreens I’m sure the street dealer are making more money and laughing at the people who took the time to go through the process.
Leave it to California to F%$k it all up. I just get it from a friend for $20.
Just buy black market,much cheaper.
Haha suckazzzz!!!!!!!
No, that’s like taxing insulin.
90$ for a 1/8 is insane compared to what it was under prop 215 35$ 1/8s
Who is Gov. Newsom?
California lawmakers were total tax whores in the 2016 negotiations and destroyed the legal market. Now they’re backpedaling. Finally they’re getting back to reality.
The underground market is collapsing too .the problem is the cartels.i hate to say it but between to high of taxes and legalization with no real reporcussions for massive illegal operations the market won’t survive .canibus should be legal but you can’t have both .the market is going to collapse fully gaurateeed
Um. Please tell me where I can get $300 a lb please.?
California economy collapsed
Uhh… It is also my goal to take every cent i can squeeze out of your wallet. -Gavin Newsom
Why did you wait so long, Gavin?
Peace For All Weed Grower 💨
In my experience dispensary weed has always been lower quality compared to what I can get from my street connections, very rarely have I been impressed by any of the bud sold in the stores.
Just grow you’re own. The lights and tents are hella cheap.
California legislators are a bunch of ducking maria thugs democrates in california are only capable of two things taxing and spending. We the people make california thrive not those fools in Sacramento.
No wonder now we know the most preferred place to buy marijuana in CA is illicit stores which they sell untaxed products. Time to take control back from the local government and place under state umbrella like in other states.
Perhaps it can go back to being illegal – streets can be safer and people can stay clean.
Plant FOOD. Like nutritious fruits and veggies instead of a useless chemically laced weed. And thx for encouraging more crime. And Mexican cartels. Good job. For a useless thing that gets people temporarily high. 👏🏻. Really really smart. 👏🏻. 👏🏻
What needs to happen is they need to deregulate the industry as it’s unesscerry and they need to drop the taxes to a reasonable ammount to allow people to propagate and grow canibus to be sold in a legal market .in all honesty this corporate only can sell things mentalities is what is killing the american dream
👆🏻👆🏻👆🏻👆🏻 (name above) I just wanna say I’m Very impressed with your service. Got my cannabis, Absolutely faultless, hope to be doing plenty of future business.
If your Wh1te you won’t be permitted, the state gives all the licenses to "Equity Applicants"
This guy has no idea what he’s doing
50 or more herbs,spices vitamins minerals for the price of marijuana would be better.
Need to stop grows like Ramirez pallet full of pot EBT welfare truck stealing Liars. Ephesians 5:11/6:11. 4500lb
Love the double-standard of people who live in the big cities in Califi, loving the inclusivity, the socially progressive nature of the cities. But taxes on my totally recreational drug!? 👎
Did everyone think we could legalize marijuana and the government not get their cut?
No more taxes for Newson’s corruption
MJ has been $100oz since 2010. Or free. Its everwhere. No need for stores. And trying to frame That Reality as illegal aint working. Deal with That
Liberal, DemocRAT politicians love anything they can tax. Marijuana and the people who smoke it are loved by Democrats.
Right now you can literally buy a years supply (for most people) of great stuff for $100 on the traditional market.
Most I seen sold in tribal areas without taxes. He is a joke.
just gonna tax the consumer more
Get my guys out of jail!
Governor is a biggest mafia
I grow my own, press rosin extracts, make hash and vape carts. I am the club.
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They need to impose maximum taxes on cannabis sales. This is not a business we should be encouraging nor supporting in our state. But since we’re so desperate to replenish the coffers, Governor Newsom feels its ok.
Someone needs to elevate the experience beyond just smoking a joint and putting it out. How does cannabis influence your everyday day life. Hmmmmmmm I have an idea 😉
We don’t have to get our weed from Cali anymore. That’s your problem.
Republicans always say this shit is gonna happen and then everyone acts surprised smh
Let the hippies go without
Where are those $300 pounds at?