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Newsom puts 25% cannabis tax hike on hold amid industry struggles

California Gov. Gavin Newsom (D-CA) on Monday signed a bill that hit the pause button on a 25% tax increase on the legal cannabis market, throwing the industry a much needed lifeline.  AB 564 will not only reverse a scheduled 25% tax increase on the industry but also set the state’s canna......

Source: Washington Examiner

Original URL: https://www.washingtonexaminer.com/news/3819041/gavin-newsom-cannabis-tax-hike-hold-industry-struggles/