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California Lawmakers Halt Cannabis Tax Increase Amid Controversy

6/4/2025

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Summary

Lawmakers Halt Cannabis Tax

California lawmakers have come together to unanimously pass Assembly Bill 564, halting a tax increase on the struggling cannabis industry amid fierce black market competition. Authored by Assemblymember Matt Haney, this bill seeks to bolster legal cannabis businesses, but critics warn that reduced taxes may jeopardize vital funding for essential services, igniting a heated debate on cannabis regulation.

Summary

Hemp Advocates Rally

Texas hemp advocates are rallying against Senate Bill 3, which threatens to ban consumable hemp products containing detectable THC. With over 120,000 signatures urging Governor Abbott to veto the bill, they warn of devastating impacts on the $8 billion industry and potential job losses. Instead of prohibition, they call for safer regulations that uphold safety standards.

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Lawmakers Halt Cannabis Tax

California lawmakers have come together to unanimously pass Assembly Bill 564, halting a tax increase on the struggling cannabis industry amid fierce black market competition. Authored by Assemblymember Matt Haney, this bill seeks to bolster legal cannabis businesses, but critics warn that reduced taxes may jeopardize vital funding for essential services, igniting a heated debate on cannabis regulation.

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