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MichMan

(15,874 posts)

5. Added onto that is the 27 % increase in California excise taxes

Reply to 2MuchNoise (Reply #4)

Fri Jul 11, 2025, 09:17 PM

Jul 11

Will have a 19% state excise tax and 7.25% sales tax.

The California Department of Tax and Fee Administration (CDTFA) announced May 1 that it’s required by law to increase the excise tax levied on cannabis retail sales from 15% to 19% starting on July 1, representing a 26.7% rate increase on an already overtaxed marketplace.

The law, orchestrated by Gov. Gavin Newsom in 2022, also requires the CDTFA to adjust the excise tax rate every two years moving forward unless the tax code is amended.

https://www.cannabisbusinesstimes.com/us-states/california/news/15744733/californias-cannabis-excise-tax-will-increase-by-27-on-july-1-cdtfa-announces