California Governor Proposes Marijuana Tax Cuts To Combat Illicit Market

The governor of California unveiled an updated budget proposal on Friday that calls for the elimination of the state’s marijuana cultivation tax and revised cannabis tax revenue allocations. Gov. Gavin Newsom’s (D) May revised budget would take steps intended to combat the illicit market and make the legal industry more competitive, in large part by … Continue reading California Governor Proposes Marijuana Tax Cuts To Combat Illicit Market