September 25, 2025

California Lowers Cannabis Taxes As Legal Market Struggles

 California Lowers Cannabis Taxes As Legal Market Struggles

California Governor Gavin Newsom has signed a law that rolls back a 25% tax increase on the state’s legal cannabis industry to help licensed operators compete with the illicit market.

Marijuana lying on twenty dollar bills symbolizing the now state run industry in the United States, while it still remains illegal at a federal level.
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California Governor Gavin Newsom has sig…