California Governor Newsom Cuts Taxes to Boost Cannabis Industry
Source: Governor Newsom signs legislation cutting taxes on cannabis, promoting the long-term success of the legal industry (2025-09-22)
Governor Newsom has signed legislation aimed at reducing taxes on cannabis, supporting the long-term growth and success of California's legal cannabis market. This move is part of the state's broader efforts to promote a thriving and sustainable legal industry. The new legislation reflects California's commitment to fostering a competitive environment for cannabis businesses, potentially leading to increased economic benefits and job creation within the state.