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

Amsterdam Won’t Ban Tourists From Its Coffeeshops After All. It’s Coming For Their Wallets Instead.

The years-long push to lock foreign visitors out of the city’s coffeeshops just died in…

23 hours ago

Rappin’ The Rivers Is Building Montana’s Hip-Hop Outpost

When most people think about major hip-hop festivals, Montana rarely enters the conversation. For decades,…

23 hours ago

Five THC Cocktails For A Summer Without The Hangover

From a black currant sour to an espresso martini riff, here are five THC cocktails…

23 hours ago

Meet Micro TDH, the Venezuelan Artist Putting Older Women Smoking Weed in His Music Videos

In the music video for “Ram Pam Pam,” Venezuelan artist Micro TDH put older women…

23 hours ago

The Drink in Your Hand Was Never Just a Drink

The new cannabis beverage boom isn’t really about replacing booze. It’s about replacing everything people…

2 days ago

Cannabis Equity Was Built to Repair the War on Drugs. Its Architect Says It Funneled Black Founders Into a Trap.

Amber Senter co-founded Supernova Women, the organization that helped shape America’s first cannabis social equity…

2 days ago