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North Coast wine grape season faces challenges amid market uncertainties // NY wine & spirits business suing Trump admin over tariffs
May 5, 2025 - Wine Industry Insight Daily News Feed
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Today’s Most Interesting Wine Industry Data
“A single joint of cannabis has a tax of about $1.25, which will go up to $1.57 should the tax increase take effect. That’s a much different taxation for Californians who enjoy weed than wine, tobacco, or even guns. A wine lover could consume 157 glasses of wine before paying the same in taxes as the cannabis consumer smoking one joint…Despite alcohol having much higher rates of consumption than weed in California (93 million gallons of alcohol per year vs. 1.4 million pounds of weed), the state collects more tax revenue from cannabis consumption than booze.”
Source: California NORML, Forbes
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