Business & Tech
Sonoma County Legal Weed Businesses Face Hard Financial Times Despite Recently Reduced Tax
"The industry is not the pot of gold that they thought it was in 2016 when they began to contemplate these taxes," grower Pearson said.
April 18, 2024
Sonoma County supervisors on Tuesday took the unusual step of voting to reduce taxes on cannabis production, recognizing that the industry has hit hard times.
Find out what's happening in Healdsburgfor free with the latest updates from Patch.
While the tax cut will help, legal weed growers argue if county legislators really wants pot cultivation businesses to survive, they shouldn't be taxed at all.
Find out what's happening in Healdsburgfor free with the latest updates from Patch.
Sonoma County legal pot cultivation/KPIX
Erich Pearson ducks into his Glen Ellen cannabis nursery to examine the rows of potted plants used as growing stock for next season's crop. When his company SPARC began operating, he figured officials were overestimating what the value of cannabis would be to Sonoma County.
Click here for the full story via CBS San Francisco
CBS Local Digital Media personalizes the global reach of CBS-owned and operated television and radio stations with a local perspective.
