California Cannabis Tax Bill Sparks Debate Among Owners - The Sacramento Observer

California’s Legal Cannabis Sales Faces Record Decline

California's legal cannabis sales sees a record decline in Q1 2025, prompting legislative efforts to prevent further downturns.

California cannabis tax bill sparks debate among owners - The Sacramento Observer

By Edward Henderson | California Black MediaLicensed marijuana store owners across California are backing a bill making its way through the State Legislature.Authored by Assemblymember Matt Haney (D-San Francisco), Assembly Bill (AB) 564 seeks to suspend a pending tax increase on cannabis from 15% to 19%, which is scheduled to take effect on July 1.“If we continue to pile on more taxes and fees onto our struggling small cannabis businesses, Cali…

California Assembly Votes Unanimously to Block Cannabis Tax Hike

The California Assembly voted unanimously (74-0) on Monday to advance a bill blocking a nearly 25% tax hike on the state's legal cannabis industry that is set to take effect July 1, CBS News reports. The bill, AB564, moves next to the Senate for consideration. The proposal was introduced by Assemblymember Matt Haney (D), who noted that "If we continue to pile on more taxes and fees onto our struggling small cannabis businesses, California's cann…