LA cannabis retailers stage tax revolt over illicit market
Licensed Los Angeles cannabis shops have failed to pay approximately $400 million in taxes, highlighting the financial strain caused by competition with illegal operations.
As these licensed retailers continue to struggle, many are calling for changes to address the impact of the illicit market on their businesses.
In response, LA cannabis retailers have staged a tax revolt, seeking relief and advocacy to help level the playing field against unregulated competitors.
This ongoing challenge underscores the complexities faced by the legal cannabis industry in Los Angeles as it works to establish a sustainable market.
Source: MJBizDaily – Financial, Legal & Cannabusiness News for Cannabis Entrepreneurs
https://mjbizdaily.com/la-cannabis-retailers-stage-tax-revolt-over-illicit-market/
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