Two items were brought forth at this week's Calaveras County Board of Supervisors meeting on Feb. 15 calling for a temporary tax reduction on cannabis cultivation and retail. This sparked immense debate among board members and public commenters, resulting in a vote to temporarily reduce cultivation tax by 60% and the tabling of the second item for a later date.
The two items were combined into a single submission. The prefatory statement for the items states, “This item proposes Board of Supervisors action as a response to a sharp decline in prevailing cannabis wholesale prices, and the resultant risk of business failure in the local cannabis industry. Without relief, the Division of Cannabis Control (DCC) anticipates a loss of approximately 20% to 25% of its current cannabis businesses. The DCC believes that tax relief could help reduce the loss of these businesses.”