Licensed marijuana store owners across California are backing a bill making its way through the State Legislature.

Authored by Assemblymember Matt Haney (D-San Francisco), Assembly Bill (AB) 564 seeks to suspend a pending tax increase on cannabis from 15% to 19%, which is scheduled to take effect on July 1.

“If we continue to pile on more taxes and fees onto our struggling small cannabis businesses, California’s cannabis culture is under serious threat of extinction,” Haney said in a press release. “Instead, we should be looking at how we can support this industry which has barely been given a chance to survive after legalization. If we want to support our cannabis industry that drives millions of visitors to California every year, adding more costs makes absolutely no sense.”

Across Ca

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