Taxes on legal cannabis in California will go back down to what they were a few months ago, after Gov. Gavin Newsom signed a bill that rolls back a big recent increase in the retail weed tax.

Assembly Bill 564, by San Francisco Democrat Matt Haney, passed easily through the Legislature and was signed by the governor on Sept. 22. It lowers the excise tax — a statewide tax on all cannabis and cannabis products sold by licensed retailers — from 15% to 19% and keeps it at 15% until 2028, reversing a tax increase that went into effect July 1.

The state excise tax is usually the biggest single tax on legal weed, but it’s far from the only one. Cannabis retailers must also pay standard state and local sales taxes, and most cities and counties that allow retail sales also charge an additional lo

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