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San Francisco to give cannabis industry a one-year tax break
San Francisco’s cannabis industry is expected to hang on to a bit more green next year due to a tax break that is likely to pass next week.
Supervisor Rafael Mandelman has proposed the one-year tax reprieve, delaying the implementation of the cannabis tax approved by voters in November 2018.
The estimated tax break and revenue loss to The City is $7.1 million, according to the budget analyst.
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