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Pacific Coast Business Times Largest Surgery Centers September 16th Thru 22nd 2022 V.23-27
Pacific Coast Business Times Largest Surgery Centers September 16th Thru 22nd 2022 V.23-27
Pacific Coast Business Times Largest Surgery Centers September 16th Thru 22nd 2022 V.23-27
Surgery Centers
THE LIST Ranked by Number of Surgeons
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Address y-tf*
Phone
Radk City,Zip Web Site Physicians. Specialties
(Prior) Accreditation
10
Santa Barbara, 93105
(805)347-7813
14
Surgery Centers
THE LIST Ranked by Number of Surgeons
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(Prior)-.
of months. The Times estimated that there the excise tax from distributors to retailers.
CANNABIS are at least 150 illegal dispensaries in all of The Department of Cannabis Control
Continuedfrom page lA Los Angeles. called the bill"the most significant reforms
"California needs to stamp out and in to California's cannabis policies in years,"
vestigate illegal dispensaries," Amy Stein- though so far there are no signs that it has
feld,a managing partner at Brownstein Hy slowed down the black market.
"I mean, you have to have some greater
"The problem really has been that can
level of enforcement," Skip Motsenbocker, att Farber Schreck who represents cannabis
growers in Santa Barbara County, told the nabis is treated so differently than any
CEO of Pacific Stone, a cannabis grower
other crop. The multiple taxes have made
in Carpinteria,told the Business Times."If Business Times."I know that's a big prob
there's no enforcement or no penalty and if lem in the Los Angeles region, where most it impossible to even run a legitimate busi
you're continuing to just play under the old consumers don't know they're walking into ness," Steinfeld said. "But getting rid of
a legal or illegal shop. It's frustrating for cultivation tax will help growers. That is
rules or no rules, how is it that the people
the legal growers because they go through the base of the supply chain and that will
who are trying to do it the right way can
so much to stay compliant." be beneficial to our county."
ever be really competitive in the end? I'd
Illegal dispensaries aren't as much of a Santa Barbara County is home to more
say it's impossible from a practical per
spective." problem along the Central Coast, but some licensed cannabis growers than any other
Pacific Stone is one (if the largest canna growers have been caught operating with county in California. Ventura and San Luis
bis brands in the state. The company runs out permits. Obispo counties have much smaller canna Taxes can add 30% or more to to the price
"The illicit market doesn't have to fol bis industries. of legal cannabis In California.
multiple greenhouses aiid sells under its
low those tax regulations or those compli Pacific Stone has 1.2 million feet of
own label in dispensaries statewide. municipalities, how much more effective-
Mostenbocker estimates that the black ance measures,so it makes it hard to effec canopy producing well in excess of 30,000
tively compete," Motsenbocker said. would the program be?"
plants per week, Motesenbocker said.
market still accounts for about 80% of Cal
Many cannabis growers and retailers But one of the other problems is that California has raked in nearly $4 billion
ifornia's cannabis industry.
in tax revenue since the recreational mar
Moorea Warren, a spokesperson for the say the level of taxation in California is cannabis production is starting to outpace
sales. There are over 7,500 active cultiva ket hit the stage in 2018, according to the
California Department of Cannabis Con pushing business toward the black mar Department of Tax and Fee Administra
tion licenses in the state of California, and
trol, told the Business Times that legalized ket, by making illegal cannabis so much tion, but that tax revenue is flattening out. 4
cannabis is still in its infancy and "remains cheaper than the legal stuff. While most fewer than 1,000 active, regulated retail
retail products are only assessed the stan dispensaries. Since cannabis can't legally For the first quarter of 2022, the state
a work in progress." saw about $294 million in cannabis rev
"But therf^are many early successes dard state sales tax of 7.25% — or slightly be exported to other states, even those
where it is legal, there is more product in enue tax, lower than the fourth quarter,
worth celebrating, including consumer higher in some cities and counties — taxes
California than can easily be sold by legal when it was around $317 million. Either
access to regulated, tested and, therefore, on cannabis often add up to 30% or more. Californians are buying less cannabis, or
That includes the standard sales tax plus a dispensaries
safer cannabis products and the opportu
15% statewide excise tax at the retail level, "The disparity between those two is the they're moving toward the black market.
nity for legacy cannabis business to oper If cannabis is ever federally legal
ate without fear of prosecution," she said. along with local taxes in some areas. supply isn't matching the demand,because
Until this year, growers also paid a cul the demand is being so restricted, and that, ized, something Steinfeld hopes can hap
: Part of the problem is a lack of enforce pen sooner rather than later, California is
ment. A recent Los Angeles Times article tivation tax of around $10 per ounce of in effect, is what's causing a lot more of
cannabis flower,a tax that other states with the illicit activity," Motesenbocker said."I primed to become the biggest legal player
found that in East Los Angeles alone,there
legal cannabis did not have. Gov. Gavin spend a lot of time talking about enforce in the country, she said. But there are still
are 25 to 30 illegal retail dispensaries in quite a few issues to work out before that
operation. Even if police shut them down, Newsom signed a bill in June that elimi ment,but you have to look at the other side
nated the cultivation tax and also shifted as well. If there were stores active in all can become a reality.
they typically open back up within a couple