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Cannabis Business Times

California’s Top Cannabis Regulator Suggests Governor Has Little to Do With Tax Increase

Cannabis Business Times

Wed, Mar 26

California's top cannabis regulator says the state's excise tax is slated to increase to 19% "by force of law," not from Gov. Gavin Newsom's directive, despite the governor proposing the hike nearly three years ago in his budget. https://t.co/RxLy4P3xaE

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Gov. Gavin Newsom proposed the state’s upcoming excise tax increase on cannabis sales in 2022 and signed legislation that ensued.

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