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Licensed cultivator urges Rio Dell to lower local cannabis cultivation tax as market collapses
Summary
A licensed cannabis cultivator told the council that falling wholesale prices, heavy compliance costs and local infrastructure expenses are pushing operators out of the regulated market and asked the city to place cultivation-tax relief on a future agenda.
RIO DELL, Calif. — At the Sept. 16 Rio Dell City Council meeting a licensed cannabis cultivator asked the council to consider lowering local cultivation taxes to help keep small operators in the regulated market.
"My name is Fred, and I'm a licensed cannabis cultivator here in the city of Rio Deaf," the speaker said. "The cannabis market is collapsing. Wholesale flower prices have dropped to historic…
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