Cannabis tax Archives - News
- ADVERTISEMENT -
    • Sports
      In partnership with the562.org
    • Merch shop
      Support local news. Look good doing it.
    • Become a member
      Get free perks and more
    • Community Pages
      Share your news
    • Transparency Portal
      About the Long Beach Post
    • Advertise
      Long Beach Post & Business Journal
  • Member-supported
    News
  • Log in
  • My account
    Edit profile Manage newsletters Become a member Manage membership Gift a membership Help
BECOME A MEMBER
GIFT A MEMBERSHIP
  • Sections
  • News
  • Español
  • Voices
  • the Hi-lo
  • Food
  • Sports
  • Grobaty
  • Scratching Post
  • More
  • Best of Long Beach 2022
  • Staff Blog
  • Obituaries
  • Special Projects
  • Compare your candidates
  • Citizen Police Complaint Commission
  • SPECIAL REPORT: Community Hospital
  • LOCKED OUT: Homelessness in Long Beach
  • Company
  • ADVERTISE
  • Long Beach Post & Business Journal
  • Job Connect
  • Transparency Portal
  • – About/Contact us
  • – Policies
  • – Community Editorial Board
  • BECOME A MEMBER

Never miss a story.

Subscribe to the Long Beach Post's daily eALERT and get the best local news in the city delivered to your inbox.


Connect with us:


Best of Long Beach is back! Vote daily between March 16-31 for the best of everything Long Beach VOTE HERE
Aug 23 5:12 pm
  • Cannabis tax

Cutting cannabis taxes will cost city—but business owners say it can save the industry

Jason Ruiz

Long Beach may look at lowering taxes on some cannabis businesses, but how big the cuts end up being will have a big impact on the city’s annual budget, which is projected to receive about $12 million in taxes from the industry.

81
Mar 16 2022 8:47 am
  • Cannabis tax

Long Beach will look at cutting cannabis cultivation tax to help growers be more competitive

Jason Ruiz

Long Beach’s current tax on cannabis cultivation is $12 per square foot, but the City Council could consider reducing that tax over the coming months.

169
Feb 15 2021 4:29 pm
  • Cannabis tax

One of the bright spots in the midst of city budget woes: Cannabis revenue is way up

Jason Ruiz

Cannabis tax revenue finished $6.3 million over city projections, and the increase could be just a glimpse of what’s to come as the industry continues to grow in Long Beach.

100
Dec 18 2019 2:44 pm
  • Cannabis tax

Long Beach lowering tax rates for non-retail cannabis businesses

Jason Ruiz

The previous rate assessed was 6% but a vote by the City Council Tuesday will drop the city’s rate to 1% in the new year.

72
Dec 4 2019 10:26 am
  • Cannabis tax

Long Beach to reduce some cannabis taxes to spur industry investment

Jason Ruiz

Reducing the tax rate from 6% to 1% could result in more businesses and more employees but also a hit to the city’s general fund.

389
Jul 3 2019 3:00 pm
  • Cannabis tax

City will wait to adjust cannabis taxes while it studies economic impact

Jason Ruiz

One official said that if the city wants to ensure that it reaps the benefits from an emerging industry like cannabis, it needs to lower barriers to entry.

0