April 20, 2024
Cannabis sales tax revenue soars
The California Department of Tax and Fee Administration (CDTFA) reported increased revenue numbers for cannabis sales for the 3rd quarter of this year. Tax revenue reported by the cannabis industry totaled $93.1 million. California voters approved Proposition 64, the Control, Regulate and Tax Adult Use of Marijuana Act 2-years ago. (INT)
Story Date: December 6, 2018
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