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