A coalition of cannabis stakeholders representing Emerald Triangle legacy cannabis farmers and Black, Indigenous, People of Color, or BIPOC, gathered on the steps of the state Capitol in Sacramento on Thursday to call on state legislators to eliminate the cannabis cultivation tax as the price per pound continues to drop.
“We’re here today because the craft cannabis industry in California is in crisis and on the brink of collapse,” said activist and co-organizer Amber E. Senter of Supernova Women, a Bay Area nonprofit working to create opportunities for Black and Brown women in the cannabis industry. “For 40 years, Black and Brown people were locked up, detained, and denied freedoms for the same activities that are enriching the pursuit of the purse strings of cannabis corporations today.”
Increasing cannabis taxes amid a market collapse has disproportionately impacted small cannabis farmers and BIPOC, Senter said.
“We have been set up for disaster. This is not sustainable,” she said. “Increasing threats of robberies and violence, plummeting cannabis prices, instability in the market, and the piling on of increasing taxation has proven to be unbearable for all operators. This is our cry for help.”
Cannabis cultivators are subject to two primary taxes at the state level: the cultivation tax and the excise tax.
The cultivation tax for flower per dry-weight pound recently increased from $154.40 per pound to $161.28 at the beginning of the year. This means…
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A coalition of cannabis stakeholders representing Emerald Triangle legacy cannabis farmers and Black, Indigenous, People of Color, or BIPOC, gathered on the steps of the state Capitol in Sacramento on Thursday to call on state legislators to eliminate the cannabis cultivation tax as the price per pound continues to drop.
“We’re here today because the craft cannabis industry in California is in crisis and on the brink of collapse,” said activist and co-organizer Amber E. Senter of Supernova Women, a Bay Area nonprofit working to create opportunities for Black and Brown women in the cannabis industry. “For 40 years, Black and Brown people were locked up, detained, and denied freedoms for the same activities that are enriching the pursuit of the purse strings of cannabis corporations today.”
Increasing cannabis taxes amid a market collapse has disproportionately impacted small cannabis farmers and BIPOC, Senter said.
“We have been set up for disaster. This is not sustainable,” she said. “Increasing threats of robberies and violence, plummeting cannabis prices, instability in the market, and the piling on of increasing taxation has proven to be unbearable for all operators. This is our cry for help.”
Cannabis cultivators are subject to two primary taxes at the state level: the cultivation tax and the excise tax.
The cultivation tax for flower per dry-weight pound recently increased from $154.40 per pound to $161.28 at the beginning of the year. This means…
