Topics: Cannabis, News, Press

Essential Legislation to Combat Illicit Cannabis Market Moves Forward

Sacramento, CA – Today, the United Food and Commercial Workers (UFCW) Western States Council applauded the Senate Governance and Finance Committee for advancing SB 1336 (Wiener), which will provide high road cannabis employers access to tax credits, combatting the growing illicit cannabis market. 

The young legalized cannabis industry is currently facing an existential crisis as California continues to battle a thriving illicit market that is having, and will continue to have, significant impacts on workers in the cannabis industry, such as employers being unable to maintain high worker wages, benefits, and career growth opportunities. SB 1336 provides targeted tax relief, in the form of tax credits, for high road employers who provide living wages and benefits in the cannabis industry to better compete with the illicit cannabis market and to encourage more operators to enter the legal market.

The following statement may be attributed to Matt Bell, Secretary-Treasurer, UFCW Local 324.

“UFCW members led the push for Proposition 64 in 2016 because a legal cannabis industry in California provides workers with high road jobs with living wages, good benefits and an opportunity to save for their future. As California’s economy is recovering from the COVID-19 pandemic, we must give legal cannabis employers the opportunity to invest in their workers and provide safety for both consumers and communities. SB 1336 is a clear way California can invest in the future of both workers and the economy, and we’re proud the Senate Governance and Finance Committee voted to support workers’ futures and struggling businesses.”

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FOR IMMEDIATE RELEASE

May 4, 2022

Contact: Jenna Thompson, 949.246.1620, [email protected]