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President Mandelmann to introduce repeal of never-imposed cannabis business tax; cites burden on legal market
Summary
President Rafael Mandelmann announced legislation to repeal a cannabis business tax that has been repeatedly delayed since voter approval, arguing it would burden legal cannabis businesses already taxed at the state level and hinder competition with illicit markets.
Board President Rafael Mandelmann told colleagues on Sept. 9 that he will introduce legislation to repeal a cannabis business tax that voters approved in 2018 but that the board had repeatedly delayed from implementation. Mandelmann said the board delayed imposition from 2019 onward—most recently through multiple one-year and multi-year delays—because legal cannabis operators face unique federal and state…
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