Editorial: Proposed tax break would give smaller farms needed relief
2 Articles
2 Articles
Proposed Bill Seeks to Give California’s Legal Cannabis Industry a Tax Break
A California legislator announced a bill on March 24 to give the legal cannabis industry a tax break from the state’s high taxes as retailers struggle to survive a growing threat from the black market. Assemblyman Matt Haney (D-San Francisco) introduced Assembly Bill 564 to prevent the state’s scheduled cannabis tax increase in July that “would devastate California’s legal cannabis industry by forcing many small businesses to close and driving e…
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