Uploaded October 2025 | Updated September 2026, 2 weeks ago

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AB 564 reverts the cannabis excise tax to 15% until 2028, suspending a 19% hike. The change aims to help legal sellers compete with an illicit market. Legal sales are about 40% of consumption, and taxable sales fell from roughly $1.5B to $1.2B. Several nonprofits and conservation groups oppose the rollback.

EXECUTIVE PRODUCERS
Neil Chase
Tamara Gould
Angela Boisvert

PRODUCERS
Robert Meeks
Mia Henry
Colin Taylor

REPORTER
Nadia Lathan

EDITORS
Robert Meeks
Anthony Bibian

CALMATTERS EDITOR IN CHIEF
Kristen Go

PRODUCTION MANAGER
Robert McDonnell

SERIES BRANDING
Israel Mendez

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