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California Slashes Cannabis Tax from 19% to 15%

10/4/2025

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Summary

Story summary

California cut cannabis tax from 19% to 15% on October 1, 2025.
Governor Gavin Newsom approved the rollback; Sessions by the Bay notes price adjustments and positive responses.
The relief saves about $1.50 on a $35 purchase through June 2028, with local taxes still applying, and experts say it's positive, though prices remain higher than illegal options amid rate uncertainty.

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Story summary

California cut cannabis tax from 19% to 15% on October 1, 2025.
Governor Gavin Newsom approved the rollback; Sessions by the Bay notes price adjustments and positive responses.
The relief saves about $1.50 on a $35 purchase through June 2028, with local taxes still applying, and experts say it's positive, though prices remain higher than illegal options amid rate uncertainty.