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Both houses approved a bill Wednesday that would reverse the new 19% state excise tax rate on cannabis products, which took effect in July. The measure, which was introduced by Assemblymember Matt Haney, would return the tax to the original rate of 15%, upon approval from Newsom. [KPIX] The Associated Press awarded Golden State Valkyries Coach Natalie Nakase “Coach of the Year” Friday, and Vs guard Veronica Burton received “Most Improved Player.” With Nakase’s guidance, the team has “wildly outperformed expectations” and is the first expansion team in history to make it to the playoffs in its first year. [ESPN] Tesla board chair Robyn Denholm is pushing shareholders to approve Elon Musk’s nearly $1 trillion pay package, arguing that only moonshot incentives can drive him even as