By Andrew Sheeler
California Gov. Gavin Newsom and state lawmakers are poised to eliminate the tax on marijuana growers, in a bid to provide relief to the flagging industry.
However, some in the cannabis industry say that the tax cut doesn’t go far enough, with industry advocates arguing that they were shut out of the process. In a budget trailer bill, which will be voted on by state lawmakers later this summer, the cannabis cultivation tax paid by growers would be set to zero, while the excise tax — which will be shifted from distributors to retailers — will remain at 15% for at least the next three years.
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