California cuts cannabis taxes to aid struggling industry
California cuts cannabis taxes to aid struggling industry
By Alexei Koseff | CalMatters
California is significantly overhauling its cannabis tax structure, including entirely eliminating a tax on growers, in an effort to boost a struggling legal industry begging for relief.The changes, which were adopted last week as part of a broader state budget agreement, will also create tax credits for some cannabis businesses, expand labor rights within the…