Bay Area cannabis business feeling relief as Gov. Newsom rolls back tax hike

The marijuana industry is getting a small tax break.

Governor Gavin Newsom signed a bill to roll back taxes on recreational weed. The bill temporarily reverts the cannabis excise tax back to 15% until 2028. It went up to 19% earlier this year.

Operator of Cannabis Buyers Club Berkeley, Aundre Speciale, is feeling relieved…

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