California to tax pot as much as 45% – Oct. 31, 2017 – CNNMoney

This weed distributor is trying to fight 'big marijuana'

Buying legal marijuana in California could be pricey enough to keep the black market healthy.

Between customers, retailers and growers, taxes on cannabis may reach as high as 45% in parts of the state, according to a Fitch Ratings report. Those high taxes may keep consumers away from legal marijuana stores once the recreational retail market goes live on January 1.

var more at