Editorial: Why can't California find the cannabis tax sweet spot?
by The Times Editorial Board, Los Angeles Times
Dec 31, 2019
2 minutes
It's been three years since Californians voted to legalize marijuana, but the state is still struggling to figure out the right levels of regulation, taxation and enforcement to apply. The sweet spot remains elusive.
The black market in marijuana continues to thrive. The amount of tax revenue coming in is a fraction of what proponents of legalization predicted. And legal shops complain
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