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Cannabis Advisory Committee report finds licensed marijuana merchants only account for quarter of market; Reason: taxes are high
LOS ANGELES – California may have legalized recreational marijuana, but the state's heavy-handed regulations and tendency to overtax is smothering legal marijuana dispensaries, which account for only 25 percent of the estimated market, according to a report by the Reason Foundation.
Reason Foundation analyst 'not surprised' at state's drop in rank in latest CNBC state business poll
LOS ANGELES – The struggle of doing business in California was recently put on a national display in CNBC’s annual state-to-state business poll, which ranks each state in a number of business categories led by workforce, economy and structure.
LOS ANGELES – California law has long held utilities companies responsible for fires found to be caused by their utilities, even in instances when the companies themselves have not been negligent. According to an opinion piece recently published in the Los Angeles Times, this system has created a difficult climate for utilities and is generating interest in liability reform from experts.