Cost of cannabis rising? Tax hike set for January

REDDING, Calif. — A scheduled tax increase on California’s legal marijuana growers has those in the industry worried. A busy morning at the Sundial Collective in Redding where cannabis goes for anywhere from $50 to $700 an ounce. Owner and CEO Lathen Martines says, right now, a state excise tax, sales tax, and a 5%…

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