State excises taxes will go back down to 15% on Oct. 1, but many operators in the shrinking state legal industry say that's ...
The California State Assembly unanimously voted on Monday to halt a slated 25% tax increase on the cannabis industry from going into effect on July 1. In a 74-0 vote, the Assembly approved AB564 by ...
Tax revenue from cannabis sales in California topped $500 million during the first half of 2025, according to new state data.
From the perspective of taxpayers, last week was most notable for the April 15th deadline for filing state and local income tax returns. But just two weeks earlier, many California consumers also had ...
Overall, California’s tax expenditures reduce revenues by more than $100 billion a year, roughly equivalent to 50% of the ...
Newsom signs AB 564, reversing July 1 cannabis tax hike and lowering excise tax to 15% until 2028. Retail cannabis taxes can ...
California abandons its pledge to reinstate EV tax credits, shifting focus to charging infrastructure instead.