With California’s legal cannabis industry in dire straits due to high taxes and regulatory costs, California NORML called on legislators to pass a tax relief bill by Sen. Bradford (SB 1281) at a hearings before the State Senate Governance and Finance Committee on May 4.| CaNorml.org
November 22, 2021 - The California Dept. of Taxation and Fee Administration has ruled that the cultivation tax on legal cannabis be raised from $9.65 to| CaNorml.org
The California Assembly Business and Professions Committee unanimously advanced legislation to prevent a 27% rate increase scheduled for July 1.| Cannabis Business Times
California is set to increase its excise tax on cannabis from 15% to as much as 19% starting on July 1, 2025, as part of a budget compromise made when the cannabis cultivation tax was removed via AB 195 (2022), in order to assure adequate funding for programs funded by cannabis taxes. Cannabis is already unfairly taxed vs. similar products in California. And since cannabis is also subject to sales taxes and local taxes, and these taxes are compounded at the retail level, consumers are already...| actionnetwork.org
California is set to increase its excise tax on cannabis from 15% to as much as 19% starting on July 1, 2025, as part of a budget compromise made when the cannabis cultivation tax was removed via AB 195 (2022), in order to assure adequate funding for programs funded by cannabis taxes. Cannabis is already unfairly taxed vs. similar products in California. And since cannabis is also subject to sales taxes and local taxes, and these taxes are compounded at the retail level, consumers are already...| actionnetwork.org
WRITE TO YOUR LEGISLATORS AND GOV. NEWSOM AND ASK THEM NOT TO RAISE CANNABIS TAXES IN 2025| CaNorml.org
A looming excise tax increase threatens the viability of the California cannabis industry, business owners and industry advocates fear.| CRB Monitor News
The Cal NORML/ASA Lobby Day yesterday in Sacramento brought in a score of citizen lobbyists from across the state to meet with legislators or their staffers| CaNorml.org
Empowering financial institutions and capital providers to understand, identify and manage cannabis-related risk and opportunity.| CRB Monitor News
CalNorml has sponsored California bill AB 564, attempting to stop a cannabis excise tax increase. Learn more.| CaNorml.org
