California pot industry just got terrible news

GreenState
By Lester BlackMay 2, 2025, 1:32 pm123 pts
*This article first appeared on SFGATE.com California’s beleaguered pot industry was given another piece of bad news Thursday afternoon: The state cannabis tax rate will increase from 15 percent to 19 percent on July 1, the highest allowed by state law. The 26 percent change, devised by Gov. Gavin Newsom, is…

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