Newsbrief: Short on funds, LA proposes pot tax ‘amnesty’
Owed more than $400M in back pot taxes and fees, Los Angeles city council is proposing a "amnesty" program. If implemented, licensed businesses that pay what they owe over the next three years, won't have to pay late fees and interest.
Of the city's approximately 700 cannabis businesses about 500 owe money as licensed shops have
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