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Cannabis tax rate is reduced to 3%, eliminated for medical cannabis

ByPot Shop News

November 5, 2025

[#item_full_content] SOUTH LAKE TAHOE, Calif. – On Tuesday, city council decided to reduce the cannabis tax rate to 3%, reduce it to 0% for medical cannabis and eliminate the public safety mitigation fee. Since several nonprofit… Cannabis tax rate is reduced to 3%, eliminated for medical cannabis Read More

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by Luke Jones on November 4, 2025
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Trulieve Cannabis (CNSX:TRUL) remains unprofitable, with losses compounding at an annual rate of 41% over the past five years. Revenue is projected to grow just 2.6% per year, lagging well behind the Canadian market’s 5.1% pace. The company's price-to-sales ratio of 1.1x provides a modest value relative to peers but remains a bit steep compared to the broader pharmaceuticals industry at 1x. For investors, the persistent unprofitability and slow revenue uplift mean the path to profitability is...
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