Cannabis & Hemp Stocks Investment Tools – Schedule Demo Now!

California Lawmakers Seek Tax Cuts for Cannabis Industry

California Lawmakers Seek Tax Cuts for Cannabis IndustryDemocratic state lawmakers in California are currently proposing significant tax cuts to help breathe new life into California’s slow growing cannabis industry.

Licensed cannabis businesses claim that California’s exorbitant taxes and complicated regulatory hurdles have encumbered overall earning potential within the state’s booming legal marketplace.

The proposal would eliminate the state’s $148/LB cultivation tax and reduce the state’s retail sales excise tax from 15 % to 11%.

In 2018, state tax revenues for the legal cannabis industry in California fell nearly $350 million short of Gov. Jerry Brown’s estimate in his proposed annual tax revenue projections.

Curious about how you can make money investing in cannabis? Sign up for Cannin Free Access and subscribe to the Cannin Chronicle. We’ll keep you informed on all things cannabis and even help you determine which cannabis companies have the highest growth potential.

California Lawmakers Seek Tax Cuts for Cannabis Industry

About Cannin Investment Group: Your Pot Stocks Experts

Cannin is your trusted resource for pot stocks. Our global team of experts evaluates all emerging pot stock investing opportunities. We aggregate hundreds of hours of research and provide tips on the best pot stock investments for 2020. 

Use Cannin as your resource for:

Is it too late to invest in pot stocks? No! This is the perfect time to invest.

Market analysts expect the legal cannabis industry will have an annual value exceeding $75 Billion in the next decade. The time to invest in pot stocks is now. Are you looking to buy stock in pot companies for 2020? Interested in emerging penny pot stocks? Looking for the best Canadian pot stocks to invest in? We can help.

Are you interested in pot stocks like Curaleaf, Trulieve, Aurora Cannabis, or Canopy Growth?

Predict price movements of pot stocks several hours in advance with our proprietary algorithmic stock trading software.

  • +25% Gains in 2020
  • +49.8% Gains in 2019
  • 108% Backtested since 2012

We’re so confident you’ll love our algotrading pot stock signals, we’re willing to give you a one-month risk-free trial to see it for yourself.

Profit from the best pot stocks – we’ll show you how at

Marijuana Stocks, Pot Stocks, Algorithmic Stock Trading, Best Hemp Stocks to Invest In