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Benzinga: Gavin Newsom's Budget Keeps Cannabis Tax Hike: Can It Be Stopped? What's Next For Operators?
"This fight is far from over," CaCOA said in a statement. "We're working to ensure the freeze is included in the final budget through trailer bill legislation."
2 days ago


CaCOA Responds to Cannabis Provisions in Governor Newsom's May Revise Budget
California's legal cannabis industry cannot withstand a more than 25% tax increase when sales have already declined by 19% and thousands of businesses have closed their doors.
4 days ago


Oregrown, Levels, Airfield Supply Co., and EnviroCann Join the California Cannabis Operators Association
CaCOA's expanding membership reflects the growing collective strength of California's licensed cannabis industry.
May 9


Fox26: New Assembly Bill looks to pause another cannabis excise tax increase
"Then the economic report, which has been referenced in your analysis and elsewhere, commissioned by the Department of Cannabis Control, affirms what operators have been saying,” Jenkins said. “California's excise taxes and licensing fees are 124% and 162% higher respectively than Michigan's. And altogether, our taxes and fees account for about 77.5% of total wholesale value. That is not a sustainable framework."
May 9


Cannabis Business Times: California Bill to Freeze Cannabis Excise Tax Breezes, 6-0, Through Another Committee
“We have an illicit underground industry that competes with them and doesn’t actually pay any of the fines and fees that aid in enforcement. And now we have a possible tax hike, an increase, which means that more and more people are going to lose their businesses, more jobs will be lost. This is not a tax decrease. This is simply a freeze. We’re just trying to fight another day.”
May 7


CaCOA Makes Urgent Case Against Cannabis Excise Tax Increase at Revenue & Taxation Hearing
The California Cannabis Operators Association (CaCOA) delivered powerful testimony before the Assembly Revenue & Taxation Committee on May 5, 2025, in support of AB 564 (Haney), which would halt the scheduled increase in the cannabis excise tax from 15% to 19% set to take effect July 1, 2025.
May 5
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