Big Pivot

In a rare display of political unity, California lawmakers have chosen to roll back a steep tax hike on legal cannabis sales, delivering a lifeline to an industry that has been struggling under the weight of declining demand and fierce competition from illicit sellers. As of October 1, 2025, the state excise tax on legal cannabis is being rolled back from 19 percent to 15 … [Read more...] about Smoke Signals: California’s Big Pivot to Preserve Its Legal Cannabis Industry