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California Cannabis Industry Has Provided $2.8 Billion in Tax Revenue Since 2018

SpeedWeed

The largest legal cannabis market in the world just had the best quarter on record. billion in taxable cannabis sales and $333.2 million in total program tax revenue, according to the California Department of Tax and Fee Administration (CDTFA). billion in cannabis excise tax, $347.4 billion, which includes $1.4

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Senate Coalition Urges SBA to Support Small Cannabis Businesses

NORML

The Senators write: Over the last decade, there has been a clear shift in public opinion toward supporting the legalization of cannabis in the United States. States collected an estimated $1.3 billion in tax revenue from legal cannabis sales in 2018. The majority of these businesses are small-to-medium in size.

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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

Legalizing cannabis for adults has been a wise investment. Since 2014 when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. billion in tax revenue from legal, adult-use cannabis sales. Here’s what they say.

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MJ Biz : Oakland sends social equity marijuana licensees to collections over unpaid loans

Cannabis Law Report

Marijuana regulators in Oakland, California, have begun referring a handful of social equity licensees to the city’s collections department after they defaulted on loans intended to help get their companies started. According to a report shared with the Oakland Cannabis Commission on Oct. MJ Biz report.

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Best Marijuana Collectives in California

The Herb Collective

According to 2018 statistics , California makes more money from weed sales than any other state, including Colorado and Washington. Many dispensaries in California operate as marijuana collectives. Whether you need weed for recreational or medical purposes, here are some of the best marijuana collectives in California.

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State of the States: 2020 Ballot Initiative Efforts

NORML

Activists have been working for months registering new voters, collecting signatures, and educating the public, in hopes of giving voters in their state the opportunity to make their voices heard and cast their vote for marijuana. Only adults at least 21 years of age could use cannabis. ounces of cannabis per 14-day time period.

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Santa Barbara County Collects $6.7 Million in Cannabis Taxes in First Year

Cannabis Law Report

The first year of voter-approved cannabis tax revenues brought in $6.7 Most of the revenues have paid for enforcement, permit processing, and other costs related to the cannabis program, but they can be used for any general fund purposes. million of cannabis tax revenues in the 2018-19 year, which ended June 30.