LA Equity Group Circulates Letter Opposing Cannabis Tax on Unlicensed Businesses

Tue, Feb 24

Perspectives

A social equity group in Los Angeles is worried that the city’s attempt to create tax parity within the licensed and unlicensed cannabis markets would further harm those who play by the rules. "This policy represents yet another economic betrayal." https://t.co/BaGCN7u9L8

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The letter suggests taxing unlicensed businesses would legitimize their operations without requiring the compliance standards applied to licensed businesses.

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