Governor Gavin Newsom unveiled a $222.2 billion budget proposal for 2020-21 on Friday – the second annual spending plan he has presented as governor and the largest in state history.
A state panel has warned the governor that California’s legal cannabis industry is in peril and it may take voter action to rescue the nascent market from further erosion.
Jurisdictions across the state have begun aggressively pursuing property owners in their quest to crack down on illegal pot cultivation.
In a 4-3 vote Thursday, Fresno leaders voted to permit up to 14 recreational marijuana businesses in the city. The plan would yield an estimated 10 million dollars in tax revenue.
It was the largest series of raids ever conducted against illegal marijuana retailers in the City of Los Angeles, state regulators said.
Fresno city leaders have approved a new ordinance allowing retail marijuana dispensaries to operate within city limits. Thursday’s vote was 4-3. It could still face a veto from Mayor Lee Brand.