...While expensive, the commercial logic to get legal is undeniable. In approving recreational marijuana use in November 2016, California voters vastly expanded the legal market, which previously was accessible only to the roughly 200,000 residents with medical marijuana cards. Now, marijuana can be sold to the entire drinking-age population of the nation’s most populous state.
The initiative allowed counties and cities to make their own rules, including outright bans on sale and cultivation. As a result, hundreds of potential growers are still “jurisdiction shopping,” trying to find counties with the lowest cannabis taxes, the right climate, an experienced labor force and a favorable location.
Santa Barbara County set its tax on cannabis revenue at 4 percent, the lower end of the scale, hoping to attract farmers to a place where many agriculture jobs have been lost to the economics of free trade.
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