California Governor Proposes a Cannabis Tax Reduction in an Effort to Shore Up the Legal Market
Cannabis Law Report
MAY 16, 2022
MAY 16, 2022 BY DEANNA J. Gavin Newsom introduced proposed revisions to his 2022-2023 budget proposal, which would eliminate the cannabis cultivation tax rate beginning July 1, 2022. To go into effect, the proposal must be approved by a two-thirds majority of the state legislature by June 15, 2022. Source: [link].
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