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Newsom Plans to Consolidate California Cannabis

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Newsom Plans to Consolidate California Cannabis Authorities & Rein In Taxes 

This month, the California Bureau of Cannabis Control (BCC) issued a press release concerning a budget proposal released by Governor Gavin Newsom that could bring signfiicant change to the industry. 

In broad terms, it outlines a plan to combine all three California cannabis licensing agencies into one single Department of Cannabis Control by July 2021; to simplify tax collection by changing the point of collection for cannabis taxes; and to reduce the number and/or rates of state taxes on cannabis.

You might have a lot of questions about what sounds like a fairly dramatic shake-up in the California cannabis legal landscape. Not to worry, CREC is here to help!

Learn more about the BCC’s announcement in our in-depth look at the proposal by heading over to our consultancy blog. We’ll cover it’s plans and examine how this could affect businesses across the state.

Hey!! what are you thinking... right now ! in this very moment of rotating electrical charge called--time..??

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