420 with CNW — California Lawmakers Send Bill Seeking to Halt Cannabis Tax Hikes to Governor
A measure to temporarily stop a recent tax hike on cannabis products in California has cleared the legislature and now awaits the governor’s decision. The Assembly voted unanimously, 57-0, to accept amendments made in the Senate to the bill by Assemblymember Matt Haney. With that vote, the measure now heads to Governor Gavin Newsom, who has until October 12 to either sign or reject it. If enacted, the bill would stop the increase in cannabis excise taxes for five years. Haney said the change is designed to give relief to an industry already dealing with high costs, reversing what he…

















