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New California marijuana trade group aims to derail impending tax increase

A new marijuana trade group in California representing the state’s largest retailers aims to improve legislative policies for the industry, which is bracing for a potential tax hike in July.

The California Cannabis Operators Association (CaCOA) has launched with 17 members, including the Catalyst Cannabis Co., Embarc and Stiiizy, which operate about 75 dispensaries combined.

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The group is led by Executive Director Amy O’Gorman Jenkins, who has lobbied for marijuana reform for more than a decade as founder of Sacramento-based Precision Advocacy and lead lobbyist for the California Cannabis Industry Association (CCIA).

Jenkins told Green Market Report that CaCOA’s top priorities are preventing an expected state cannabis excise-tax hike from 15% to 19% on July 1 and establishing new regulations for intoxicating hemp

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