California assemblyman to introduce cannabis tax relief bill before major hike this summer

Cannabis taxes on local businesses statewide are expected to rise this summer, but a Bay Area legislator is proposing a bill to freeze the tax increase.

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The state is in the process of creating a second stop-gap licensing program for the cannabis industry to avoid a potential disruption in the supply chain for California’s newly legal marijuana market. Since the state’s recreational marijuana market kicked in, on Jan. 1, the state has issued only temporary business... Read more
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