Newsbrief: Lawyer slams Calif. market structure
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A prominent cannabis lawyer and receiver called California's market structure a "mess" in a SF Chronicle opinion piece. Describing issues that operators have long raised, Buchalter partner Richard P. Ormond argued taxes, complex regulations and the illegal market are crushing California's licensed industry.
Ormond called for the state legislature to fix the excise tax for REC at 10%, permanently, with any subsequent increases requiring a . . .
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