Categories: aggregated

Will Cutting Taxes on Cannabis Growers Help Them Survive Crashing Wholesale Prices?

On the 13th, the Governor of California Gavin Newsom sent out his 2022-23 adjusted budget, of which the so-craved tax cuts were the most noteworthy. On the 29th of June, the Senate passed Assembly Bill No. 195 by a 34-0 vote, and the California Assembly also voted 66-0 for the bill to be passed. The bill came into effect right after the signature of Newsom, giving the legal marijuana industry some much-deserved tax relief, although temporary, which started on the 1st of July.

Jason

Share
Published by
Jason

Recent Posts

Did Tupac’s Friends Really Smoke His Ashes? The Full Story Behind the Legend

Members of Outlawz have said for years that they mixed some of Tupac Shakur’s ashes…

9 hours ago

Land of the Free? US Recorded More Than 200,000 Marijuana Possession Arrests in 2025

State and local police made at least 218,152 marijuana-related arrests in 2025, including 200,960 for…

9 hours ago

Black Cannabis Week Returns to Philadelphia Sept. 25-27, With a Free Expungement Clinic

Three days in Philadelphia, September 25 to 27, with a free record-clearing clinic and a…

1 day ago

Barney’s Farm: 40 Years of Cannabis Seed Genetics

Four decades after its Amsterdam beginnings, Barney’s Farm is marking the milestone with new markets,…

1 day ago

The Americans Most Convinced Weed Is Bad for You Don’t Smoke It Themselves. So, How Do They Know?

Gallup’s new numbers hold a small, awkward pattern: the Americans most convinced cannabis is bad…

1 day ago

The FDA Wants to Know How You Use Cannabis—Useful or Concerning?

The FDA is seeking outside data and analytics services to better understand how people use…

1 day ago