California Governor Signs Tax Cuts to Boost Cannabis Industry

Source: Governor Newsom signs legislation cutting taxes on cannabis, promoting the long-term success of the legal industry (2025-09-23)

Governor Newsom has signed new 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 legislation reflects California's commitment to fostering a competitive environment for cannabis businesses, potentially leading to increased economic benefits and job creation. The governor's initiative underscores the state's focus on ensuring the cannabis sector's stability and expansion in the coming years.

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