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 legislation aimed at reducing taxes on cannabis, supporting the long-term growth and success of California's legal cannabis market. The new laws are part of the state's efforts to promote a thriving legal industry and ensure its sustainability. The move reflects California's commitment to fostering a competitive and robust cannabis sector, benefiting businesses and consumers alike. The legislation underscores the state's focus on economic development and the importance of a well-regulated, successful legal cannabis industry.

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