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California will not renew a $54 million contract with Walgreens over the chain's decision to not dispense abortion pills in some states where abortion remains legal, Gov. Gavin Newsom's (D) office announced on Wednesday.

What he's saying: "California is on track to be the fourth largest economy in the world and we will leverage our market power to defend the right to choose," Newsom said in a statement.

Editor’s note: This is a breaking news story. Please check back for updates.

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