Newsom proposes tax cut for California marijuana industry

California’s governor on Friday proposed a temporary tax cut for the state’s struggling legal marijuana industry, but businesses said it falls far short of what’s needed to revive a foundering pot economy. Broad legal sales began in California in 2018, but the industry has been burdened by hefty...

5 comments

Best
Marilyn Akahoshi
Marilyn Akahoshi
24 · 6 days ago · Twitter

Where was ALL of this money last year, helping homeless, renters, gasoline,etc? Holding out until it's close to elections? Why wasn't this stated last year? #CAGov needs to be Audited!!!!!

Eric
Eric
22 · 6 days ago · Twitter

Remember when prior to legalization we were all told that it would bring in lots of tax revenue and would eliminate the illegal drug trade, reducing crime overall. Funny how all we got was tax bailouts, higher crime and smelling pot everywhere. Hmmm almost like we were lied to.

Middle ground mom
Middle ground mom
8 · 6 days ago · Twitter

What? It is the people that need a tax break @GavinNewsom

Rinka
Rinka
7 · 6 days ago · Twitter

So the Dems can’t lower the gas tax, but the lower the tax for a bunch of pot heads? This state is ran by lunatics.

Todd
Todd
5 · 6 days ago · Twitter

Let’s make sure everyone can stay high instead of suspending the gas tax for Californians who commute everyday. Hey CA are you ready to vote for leaders who believe in common sense?