San Diego’s 10% cannabis business tax comes up short

Earlier this year, San Diego raised its cannabis business tax in an effort to fill a budget hole. KPBS metro reporter Andrew Bowen says the move is not going as well as the city hoped.

Earlier this year, the San Diego City Council voted to increase the city’s cannabis business tax from 8% to 10% to fill a budget hole. Now city finance officials say they likely overestimated how much revenue the tax hike would generate…

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