Uh, About All That Tax Revenue From Legal Weed

Looks like it will be less than promised.

In a split vote Tuesday, the Monterey County Board of Supervisors cut marijuana businesses’ tax rates, in some cases by two thirds, said Luis Alejo, the board’s chairman.

Greenhouse growers, who had been staring at a $15-per-square-foot tax, will instead pay $5 per square foot while indoor cultivators will pay $8 a square foot, he said.

Uh, About All That Tax Revenue From Legal Weed