Latest In: california cannabis taxes

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California governor signs tax relief for cannabis businesses into law

Gov. Gavin Newsom signed California's 2022-23 state budget into law and, in doing so, enabled a significant shift…

News July 1
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California targets cannabis businesses over unpaid taxes

California’s business tax collector is ramping up enforcement against unlicensed and licensed cannabis companies, which owe the state…

News June 3
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EBTIDA versus net profit: Making sense of a cannabis financial mess

California cannabis operators cheered when Gov. Gavin Newsom pledged to overhaul the state’s tax structure to shore up…

News January 19
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California won’t increase cannabis taxes for a year thanks to new law

California cannabis companies won’t see their state taxes go up until at least next year. Gov. Gavin Newsom…

News September 23
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California marijuana tax revenues stall in wake of pandemic, job losses

A global pandemic, record job losses and massive budget shortfalls all contributed to what California Gov. Gavin Newsom…

News September 15
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CA marijuana legalization snafu means tax holiday for MMJ firms

An omission in the language of California’s recently approved adult-use marijuana ballot initiative has resulted in a sales…

News November 17
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