California Governor Proposes Changes to Cannabis Regulations and Taxes
California Gov. Gavin Newsom (D) unveiled his annual budget proposal on Jan. 10, 2020, and it contains several provisions aimed at simplifying and streamlining regulations for the marijuana industry. The biggest proposed change concerns the state’s cannabis licensing system, which Newsom hopes to consolidate into one agency — the Department of Cannabis Control — rather than the three that are currently in charge of approving marijuana businesses. “Establishment of a standalone department with an enforcement arm will centralize and align critical areas to build a successful legal […]
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