The cannabis industry faces a reckoning as formerly hot capital markets go cold and bills go unpaid

February 21, 2020

Carmel Mayor Dave Potter, who currently heads the Monterey County Cannabis Industry Association and works as a cannabis lobbyist, was a county supervisor when the county developed its regulatory and tax framework. He regrets advocating for a canopy tax, calling it a mistake on the part of the Board of Supervisors. And the industry is bracing itself for a mandatory $1 per square foot tax hike that’s due to kick in this summer.


 

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Monterey County Cannabis Industry Association

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