– Cannabis/Marijuana Industry News

Adelanto, California :The city council is proposing to adjust tax rates in Adelanto to the following rates

Cannabis Business Activity – Monthly Tax Rate

  • Cultivation – $0.415 per square foot
  • Retail – 3% of gross receipts
  • Special Events – 3% of gross receipts
  • Manufacturing – 1% of gross receipts
  • Testing – 1% of gross receipts
  • Distribution – 1% of gross receipts

These are lower tax rates than the city originally passed in 2018. The city is seeking to maximize their financial profit while unburdening the cannabis industry and fostering growth in sales. 

Source: Green Growth CPA

Original Source


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