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‘Proposition 64’

HomeProposition 64

Imagine that you applied for a driver’s license with your state but in order to do so, you had to employ lawyers or consultants to help you through the application and then submit a fee of thousands (or tens of thousands) of dollars to your state along with that application. Now imagine that your temporary license has been expired for two years and even though you have provided everything that the state has asked for, including that hefty application fee, they continue to insist that they are just too busy to issue you, or anyone else, a permanent driver’s license.

A group of economists has recently come out suggesting that states like California could raise their cannabis tax revenues as high as 50% and not see any drop in consumer demand or sales revenues. Not sure what they are smoking over there…

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