California Cannabis Banking: Financial Institutions Get Some Cover
The goal of Assembly Bill 1525 is to make it easier for financial institutions to adhere to federal reporting requirements.
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Gavin Newsom
California won’t increase cannabis taxes for a year thanks to new law
California cannabis companies won’t see their state taxes go up until at least next year. Gov. Gavin Newsom signed into law Assembly Bill 1872 (same language as Senate Bill 827), which prohibits the California Department of Tax and Fee Administra…