California made $60.9M in tax revenue from cannabis industry in 2018 first quarter – ABC7

Tax revenue from the cannabis industry totaled $60.9 million in the first quarter of 2018, according to the California Department of Tax and Fee Administration.

That amount includes state cultivation, excise and sales taxes and does not include local tax revenue collected by cities or counties, the CDTFA said in a news release.

via California made $60.9M in tax revenue from cannabis industry in 2018 first quarter | abc7.com

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s