California governor vetoes state tax deduction bill for cannabis businesses

California Gov. Jerry Brown vetoed a bill¬†that would have given a tax break to all licensed marijuana businesses, dealing a setback to MJ companies hoping to reduce their state tax bills. The measure –¬†Assembly Bill 1863, approved by the Legislature earlier this summer – would have allowed licensed cannabis companies to take tax deductions under … Continue reading California governor vetoes state tax deduction bill for cannabis businesses