San Francisco moves to delay its cannabis business tax to give legal dealers a boost

[Harry Le Hermit]

https://www.npr.org/2021/12/06/1061...nnabis-business-tax-to-give-legal-dealers-a-b

City officials in San Francisco want to delay the imposition of a tax on lawful recreational cannabis businesses to help them compete with illegal marijuana dealers.

The tax relief could come as cannabis businesses in the Bay Area struggle to defend against a recent rash of robberies, some of which have turned violent. The losses from the crime spree are estimated to be at least $5 million, according to the cannabis industry site MJBizDaily.

I'm all for any tax relief, but a business can't stay in business, if the merchandise is being stolen and then sold at below market prices. But a lot of my ideas in the past... have gone up in smoke!