California Cannabis Excise Tax Going Back to 15% Next Month
California lawmakers didn’t act quickly enough to halt the state’s cannabis excise tax rate from increasing to 19% on July 1, but industry stakeholders celebrated a better-late-than-never victory on Sept. 10.The California Senate voted, 39-1, on Wednesday to approve an Assembly-passed bill that will roll back the increase to 15% starting on Oct. 1 and…
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