California marijuana taxes won’t go up for a year under new bill signed by Gavin Newsom

The California cannabis industry is getting a bit of a tax break, courtesy of the California Legislature.

Gov. Gavin Newsom signed a bill late last week into law that prohibits the California Department of Tax and Fee Administration from adjusting the cannabis excise tax markup amount until July 1, 2021.

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Monterey County Cannabis Industry Association   •   831.298.7283

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