California

Democratic Governor Gavin Newsom last week proposed a temporary tax cut for California’s struggling cannabis industry, but businesses have said it isn’t enough.

Since legalisation in 2018, the legal sector has been hampered by high taxes, expensive regulation and competition from the illicit market, while over-supply has forced down prices.

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Prior to launching Cannabiz, Martin was co-founder and CEO of Asia-Pac’s leading B2B media and marketing information brand Mumbrella, overseeing its sale to Diversified Communications in 2017. A journalist...

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