California Tax Credits for Cannabis Businesses Advances Through Senate

Ganjapreneur
By TG BranfaltMay 27, 2022, 3:27 pm201 ptsTrending
A California bill to create a tax credit for commercial cannabis retailers passed the state Senate on Thursday moving it next to the Assembly for policy hearings. The measure passed by a bipartisan 26-3 vote. Under the legislation, legal cannabis businesses would receive a tax credit that is 25% of the amount…

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