DiscoverKQED's The California ReportNewsom Signs Bill Decreasing Cannabis Tax, Which Could Boost Struggling Industry
Newsom Signs Bill Decreasing Cannabis Tax, Which Could Boost Struggling Industry

Newsom Signs Bill Decreasing Cannabis Tax, Which Could Boost Struggling Industry

Update: 2025-09-22
Share

Description

Governor Gavin Newsom has signed a new law lowering state cannabis taxes from 19% to 15%. Pot companies say it will bring much needed relief to an overtaxed, overregulated industry. But youth groups who are funded by this tax say kids are being betrayed.


Reporter: April Dembosky, KQED




Governor Gavin Newsom signed a series of bills into law on Saturday, aimed at reigning in aggressive immigration enforcement in the state.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Comments 
In Channel
loading
00:00
00:00
1.0x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Newsom Signs Bill Decreasing Cannabis Tax, Which Could Boost Struggling Industry

Newsom Signs Bill Decreasing Cannabis Tax, Which Could Boost Struggling Industry

KQED