Officials in Sonoma, Calif., moved this week to offer tax breaks to cannabis growers in the area. This is another decision driven by the ongoing economic struggles of the state’s legal marijuana industry.
North Bay Business Journal report The Sonoma County Board of Supervisors “voted 4-1 on Tuesday to change how taxes on cannabis cultivation are set, lowering the amount some growers pay and making it for others.” “Cannabis growers within the county’s jurisdiction will be taxed based on the size of their business classified in three different ways, calculated based on a 2.5% gross income tax rate.”
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