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Legal Marijuana Growers Suffer Under California Taxes, Regulations

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High taxes and baffling regulations have crushed small California marijuana growers since state voters approved legalization almost six years ago, reports the Washington Post. Following legalization, state officials made several far-reaching decisions that have effectively driven many small cannabis farmers to the brink of insolvency while consolidating a $5 billion-a-year legal market in the hands of industrial-scale growers.

The state imposed multiple taxes across the cannabis supply chain, a burden unmatched in other nearby marijuana-legal states, and declined to limit the size of cannabis cultivations or the number of grower licenses it would issue to farmers. In some regions, one pound of cannabis is subjected to as many as five separate taxes, some based on weight and others on sales.

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