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CA gov’s cannabis tax cut (Newsletter: May 16, 2022)

OH legalization delayed; NY marijuana community gardens; Poll: Voters back cannabis reform; NJ oversight hearing; Banking op-ed

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Ohio activists and state officials have agreed that a marijuana legalization initiative will not be on the state’s ballot this year—but they’ve reached a lawsuit settlement that puts the campaign on a path to potentially qualify for 2023.

California Gov. Gavin Newsom (D) issued an updated budget proposal that would eliminate the state’s marijuana cultivation tax in an attempt to help legal, licensed businesses better compete with the illicit market.

A new poll found that 70 percent of American adults want to

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