Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search


(32,759 posts)
Tue Feb 27, 2024, 12:06 AM Feb 2024

California hoped to recoup millions in a bong auction. It made $2,075.


California hoped to recoup millions in a bong auction. It made $2,075.

All thanks to the state of California, stoners throughout Los Angeles had the unique opportunity to upgrade their rigs at a discount.

After 10 unnamed cannabis businesses collectively owed California more than $14 million in unpaid taxes, the state seized their fixtures and sold them at a public auction on Feb. 16, the state’s Department of Tax and Fee Administration said in a Feb. 8 news release. The CDTFA appears to have miserably failed to recoup its losses: After hocking glass bongs, snow cone machines and assorted office supplies in the California Highway Patrol’s parking lot in Los Angeles that day, the state made a meager $2,075, the North Bay Business Journal reported.

According to the CDTFA, nine out of 10 of these businesses operated illegally, and it’s not the first time the agency has pawned off seized property from clandestine cannabis operations in Southern California.

In March 2022, the same department auctioned off a commercial property in Whittier that was used for an illegal cannabis operation, another CDTFA news release showed. Though operators owed the state $850,000 in unpaid taxes in that sale, the department hoped to recoup around $200,000 from the sale. Earlier that month, another seized property in Compton sold for about that same amount. The agency has conducted more than 2,200 inspections statewide and seized nearly $90 million in products and cash thus far, according to the CDTFA’s website.

4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
California hoped to recoup millions in a bong auction. It made $2,075. (Original Post) Demovictory9 Feb 2024 OP
The department's hope for a big payday went up in smoke. n/t John1956PA Feb 2024 #1
Even stoner's are smart enough to stay away from a CHIP parking out. Predictable outcome. OAITW r.2.0 Feb 2024 #2
Lol..yeah..risky to buy bongs in cop parking lot Demovictory9 Feb 2024 #3
I've heard of selling for pennies on the dollar RubyRose Feb 2024 #4
Latest Discussions»General Discussion»California hoped to recou...