California’s tax revenue for the budding legal recreational cannabis market has reached an all-time high, but is still falling short of projections, according to officials. Don’t miss a thing. Get breaking KHTS Santa Clarita News Alerts delivered right to your inbox. State tax revenue on cannabis sales jumped from $60.9 million in the first quarter of 2018 to $74.2 million in the ...
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California Marijuana
California Recreational Marijuana Tax Revenue Falls Below Expectation
California marijuana tax revenue fell short of expectations for the first three months of recreational sales, taking in over $60 million in the first quarter of 2018, 30 percent under the projection. Don’t miss a thing. Get breaking KHTS Santa Clarita News Alerts delivered right to your inbox. Governor Jerry Brown’s January budget proposal predicted that $175 million would pour into the ...
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