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Gavin Newsom · CaliforniaCalifornia Gov. Gavin Newsom on Monday signed a bill to roll back taxes on recreational weed in an effort to give some relief to an industry that has struggled to supersede its illicit counterpart since voters legalized marijuana almost 10 years ago. The law will temporarily revert the cannabis excise tax to 15% until 2028, suspending an increase to 19% levied earlier this year. The...See the Story
California Wants to Give Marijuana Industry CPR with a Tax Cut
86% Left coverage: 7 sources
Pandemic · Long BeachPort of Long Beach CEO Mario Cordero is expected to retire in December, following an 8 1/2-year run in the job, it was announced today. Cordero led the port through an era of rapid cargo growth, a global pandemic and major modernization. His retirement at the end of the year caps a varied career with seven years on the Federal Maritime Commission in Washington, D.C., and eight years as a member of the Long Beach Board of Harbor Commissioners. “I…See the Story
