Black nonprofit, farmers call for cannabis tax and small business reform in Sacramento

by Vicente Vera for ABC 10 Sacramento

Supernova Women’s Executive Director, Amber E. Senter (photo by ABC 10)

” Organizer of the Thursday rally Amber Senter, from Supernova Women, said social equity operators that are already at a disadvantage could go under, while larger cannabis retailers can better handle fixed tax rates.

Social equity operators are cannabis workers previously affected by harsh and unfair drug law enforcement laws who are given priority in cannabis business licensing and storefront launch.

They're rallying for the repeal of both the 15% excise sales tax and per-ounce cultivation tax for social equity operators.

"Cannabis prices are plummeting, however, many of our taxes are fixed. So they're not adjusting to the economy. It's causing quite a burden," Senter said. "It's very hard to raise funds, and this is a capital intensive industry -- you need a lot of money to make it."

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