Cannabis News
California Senators Approve Bills To Delay Marijuana Tax Hike And Revise State’s Hemp Laws
The California Senate Commission has approved the bill approved by a meeting Place the tax hike about this new pause in marijuana products. Senators also allow advanced proposals to review the regulations on hemp and send the products directly to the cannabis doctors.
Matt Haney (d) Matt Haney (d) was cleared in Senate before the Cannabis Tax Legislation, a Friday, the Applications Committee provided 7-0 votes.
If it is suspended in law, the invoice would interrupt the tax rise for five years.
A change taken in the last Senate panel of the measure, so it would be in October, it would be immediately. The tax hike ride herself in the last month.
In June, the tax rate of the cannabis rose by 15 percent from July 1, and the advocates would change the budget legislation that would reflect the standalone bill in Hanyy. That was not fruit.
Haney’s measurements passage the budget bill gov. The Gavin Newsom (d) support had a tax freezing tax on the trailer. Assembly speaker Robert Rivas (D) also protected the delay, but Mike McGuire (d) Senate President has blocked From the budget legislation.
Under the Bill of Haney, What advanced through the assembly in JuneThe delayed implementation would not be in force until October. The advocates wanted to see recently, they wanted to see what has been included in the legislation in the legislation, which would affect it.
Before arriving at the Senate’s Endowing Commission, until two years, the regulators would adapt the tax rate, “according to the income, it was interrupted, not more than 19 percent,” according to a summary. “
On Friday, however, the panels “shortened the period of 15% of the tax rate and request the report,” according to the chair. It is not clear what the new timeline would be, however, the revised bill text is not yet available.
Haney’s proposal therefore, therefore, the California tax rate (CDTFA), can adjust the cannabis or cannabis tax rate “, the amount of income that will generate the amount of income by departmental estimators. Fiscal year” text He says.
The department should calculate the amount of income that would meet in the previous year in the previous year “and” calculate this amount by projecting tools based on the work that would meet in the previous calendar work in the previous year.
“The exact goal of the reduction in the tax rate of Kannabis is to provide immediate tax relief to the cannabis industry,” said the measurements. “The effectiveness of this goal can be measured according to the legislature, for the income income of cannabis tax revenue, allowed to reduce the tax rate of cannabis.”
CDTFA, on December 1, 2026, also promises California “Send to the Report to Legislature … CANNABISA Tax revenue income income amounts or loss amounts to reduce the tax rate permitted by this action.”
Friday Senate Pourage Committee also surpassed unanimously legislation Kalamu-derived cannabinoid products to integrate the use of medical and adults in the marijuana program to ban cannabinoids derived synthetically. The tables “to delete tax provisions, reviewing and modifying specifications, to review and change the conditions and prohibitions on cannabinoids derived from hemp and hemp,” according to the Chair of the Commission.
He accepted the panel measure To change the law of State Cannabis, cannabis microbusinesses, licensing products directly to patients directly with corrections.
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Meanwhile, California officials invite research proposals in the second round of a program Better educate the public on the state marijuana law And politicians help make informed decisions on the subject.
In June, the Governor’s Business and Economic Development Office (Go-Biz) An announced receivers of more than $ 52 million in Community reinvestment support He also financed the non-profit and local health department, Marijuana tax tickets.
This marked Cannabis’s seventh round of Construction Community Conversation (CalCRG) According to the state program.
Legitiation in California has created a number of new grant programs to address the consequences of marijuana prohibition and try to feed the strong and well regulated legal industry.
The Supreme Court of California distinguished the victory for the state marijuana program In June, recovering a smaller quantity judgment, in a case, in a case, he suggested the federal ban, could be used locally to weaken the cannabis market.
The Court of the Supreme Court also arrived in California officials a State Marijuana’s current status and future report-En independent analysts contracted by regulators concluded the Federal Prohibition of Canavies, a federal ban that prevents global trade.
The governor signed an invoice in 2022 Invented to enter the commercial agreements of power of power With other legal states, but this power was on a federal orientation or such an activity was in the evaluation of the State lawyer.
Meanwhile, the California Senate Committee was recently advancing a Bipartisan invoice Psilocybin created a pilot program to military veterans and first answers first.
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New York State lawmakers have introduced a bill that would allow liquor stores to sell low-THC cannabis drinks, amid growing interest in cannabis drinks.
Democrat Senator Jeremy Cooney and Assemblyman John Zaccaro have recently introduced additional legislation in the Senate and Assembly to allow licensed liquor and wine stores to sell low-potency cannabis beverages.
The bill would allow retail sales of beverages containing 5 milligrams of THC, produced by New York adult-use cannabis licensees, and direct related tax revenue to the state’s cannabis revenue fund.
The measure would open a new way for liquor stores to sell low-dose cannabis drinks, imposing new taxes and determining how the revenue would be used, and would expand New York’s adult-use market.
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