A proposed pause on a tax increase for retail cannabis in California has alarmed child safety advocates dependent on cannabis tax revenues for substance use prevention funding. The Assembly's bill to halt the cannabis excise tax increase from 15% to 19% aims to help struggling retailers but threatens significant losses of funding that supports vital programs. Experts caution that failure to implement the tax hike could lead to a projected annual loss of $240 million for nonprofits focused on prevention, potentially impacting youth and families significantly over the next several years.
Child safety advocates are raising alarms about a proposed pause on a cannabis tax hike, fearing it could impact funding for substance use prevention programs.
The state Assembly's bill aims to halt an increase in the cannabis excise tax to assist struggling retailers, but it could jeopardize critical funding for nonprofit programs.
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