California Gov. Gavin Newsom Adds Tax Cuts in Revised Budget Proposal

High Times
By Nicole PotterMay 16, 2022, 5:54 pm250 pts
Newsom announced the revision proposal on May 13, which aims to set aside $150 million in order to “temporarily reduce taxes” and simplify the tax structure, while $21 million will go toward local governments to help expand cannabis’s retail footprint. Newsom said in response to a question from a…

Read Article Share
Share Article
- email
- twitter
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on NewsBudz

Trulieve Announces Registration Statement Filing 69

It’s Time For Congress To Create A Federal Pathway For Medical Cannabis Access (Op-Ed) 68

Delaware to launch recreational cannabis sales on Aug. 1 66

Are THC potency caps a move toward marijuana prohibition? Debate is brewing 65

RollPros Expands Offerings with New Packaging and Design Services for Pre-Roll Brands 63

Marijuana MSO TerrAscend is planning to exit Michigan market 63

Delaware’s Recreational Marijuana Sales Will Begin Next Month, State Officials Announce 62

The Hidden Cost of Surprise Cannabis Vendor Price Hikes (and the Fight to Stay in Control) 61

About NewsBudz

NewsBudz is your go-to app for daily cannabis news, covering everything from medical marijuana breakthroughs to recreational cannabis trends and legalization updates.

Our platform aggregates content from over 30 top-tier cannabis news outlets to deliver a curated stream of the latest headlines, insights, and developments across the marijuana and hemp industries.

Whether you're interested in policy reform, health research, cannabis business, CBD, delta 9 products or lifestyle stories, NewsBudz keeps you informed and connected. Accessible on the web and mobile, NewsBudz makes it easy to explore, read, and share cannabis news anytime, anywhere.