Knows How to Party
The Golden State’s all-time legal cannabis tax revenue totals a whopping $1.8 billion1. And legal recreational sales only began in 2018.
The removal of state penalties against banks that work with cannabis businesses in 2020 was great for California retailers. And more changes could be coming. Dispensary operators are looking for better tax rules and legal expense write-offs.
In 2020, when many people turned to cannabis during the global pandemic, the product was hard to come by and prices were high. A year later, there is more supply than can be sold, with local agencies being slow to approve retail stores selling cannabis for recreational use.
Processed in 2020
Projected in 2022
² As of December 2020
POS for modern devices
that allows drivers to reconcile cash in hand at the end of a shift
that can be used at call center/main warehouse
by driver or zip code
that allows for better tracking of gender, age and zip
that pre-populate driver information
that can be utilized for “ice cream” models
for better marketing and inventory showcase