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

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   •   831.298.7283

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