September 24, 2025

California’s cannabis industry gets a break under new law suspending tax hike

 California’s cannabis industry gets a break under new law suspending tax hike

California’s legal weed industry is still overshadowed by the larger black market. A new state law gives businesses a break by delaying a tax increase.

This story was originally published by CalMatters. Sign up for their newsletters.
Gov. Gavin Newsom on Monday signed a bill to roll back taxes on recreational weed in an effort to give some relief t…