California Governor’s New Budget Proposal Calls For Fewer Taxes, More Retail, New Method of Excise Tax Collection and Remittance

Cannabis Business Times
May 13, 2022, 7:28 pm660 ptsTop
In the latest revision of his proposed 2022-2023 state budget announced May 13, California Gov. Gavin Newsom aims to address major concerns from cannabis industry stakeholders. For one, Newsom’s proposed budget for the fiscal year beginning July 1, 2022, proposes setting the cultivation tax rate at zero…

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