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Hochul Signs Tax Relief Measure For Cannabis Operators In NYC, Finally A Break For Legal Businesses - The Cannabist Company Holdings Inc (OTC:CCHWF), Acreage Holdings (OTC:ACRHF)
New York Governor Kathy Hochul has signed a cannabis tax relief measure into law to help marijuana businesses in the state.
The law allows cannabis companies to claim tax deductions that were previously unavailable to them under federal law.
The tax relief measure has received support from New York City Mayor Eric Adams. [ more ]