Trends & Articles California Has Passed $1 Billion in Cannabis Tax Revenue by Sophia Vida March 14, 2020 It's been over two years since California began its legal recreational marijuana market and the state has passed $1 billion in cannabis tax revenue. According to figures recently released by the state, most of the $1.03 billion...
Legal Related California Has Majorly Cut its Marijuana Tax Revenue Projections by Sophia Vida May 10, 2019 This week, the state of California has dramatically reduced its marijuana tax revenue projections. The state budget documents were released on Thursday and reveal that Governor Newsom's administration is cutting back on what it...
Trends & Articles California’s Legal Marijuana Market Falls Short on Tax Revenue by Sophia Vida August 17, 2018 California state officials have announced that the state's tax revenue from its legal marijuana market did not meet expectations in the second quarter. The California Department of Tax and Fee Administration released figures fo...