California Medical Marijuana Tax Revenue 2023

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Tax Guide for Cannabis Businesses - California

https://www.cdtfa.ca.gov/industry/cannabis.htm

Cannabis Retailer Excise Tax – Beginning January 1, 2023, cannabis retailers will be responsible for collecting and paying the cannabis excise tax to the California Department of Tax and Fee Administration (CDTFA). A 15% cannabis excise tax will be applied to …

Marijuana Tax Revenue: A State-by-State Breakdown

https://www.fool.com/research/marijuana-tax-revenue-by-state/

In fact, the Tax Foundation estimates the market for legal marijuana could be worth as much as $30 billion by 2023. With states facing budget shortfalls resulting …

California Marijuana Tax Handbook 2023

https://www.salestaxhandbook.com/california/marijuana

About California Marijuana Tax. No sales tax may be collected if the customer presents a valid medical marijuana identification card as a qualified patient or primary caregiver and …

Column: State seeks to boost cannabis industry — with …

https://www.sandiegouniontribune.com/columnists/story/2023-02-17/column-state-seeks-to-boost-cannabis-industry

1 day ago · Feb. 17, 2023 5 AM PT. For subscribers. The state is making moves to help California’s ailing cannabis industry, but a stronger prescription may be needed. The …

California Governor Proposes Tax Relief For Marijuana …

https://www.forbes.com/sites/ajherrington/2022/05/16/california-governor-proposes-tax-relief-for-marijuana-growers/

In the fourth quarter of 2021, California reported more than $308 million in cannabis tax revenue, including just under $39 million in cultivation taxes. The excise …

Cannabis Tax Revenues for the Third Quarter of 2021

https://www.cdtfa.ca.gov/news/21-12.htm

In November 2016, California voters approved Proposition 64, the Control, Regulate, and Tax Adult Use of Marijuana Act. On January 1, 2018, two new cannabis …

California Marijuana Tax Revenue Nears $4 Billion, But Growth …

https://www.marijuanamoment.net/california-marijuana-tax-revenue-nears-4-billion-but-growth-has-stalled-state-analysts-say/

California Marijuana Tax Revenue Nears $4 Billion, But Growth Has Stalled, State Analysts Say. California has taken in nearly $4 billion in marijuana tax revenue …

Everything You Need To Know About California …

https://lajolla.com/article/california-cannabis-tax/

In California, there’s a 15% tax on the retail price of marijuana. Think of that as the California dispensary sales tax. The cultivation tax, which applies to weed growers, is $9.25 per …

California Announces $20 Million Grant Program To Expand …

https://www.marijuanamoment.net/california-announces-20-million-grant-program-to-expand-marijuana-retail-licensing-in-underserved-areas/

2 days ago · The Department of Cannabis Control’s (DCC) Local Jurisdiction Retail Access Grant will provide $20 million in funding to localities across the state, prioritizing those …

San Diego Officials Brace for Plunging Cannabis Revenue

https://www.medicalmarijuana.com/san-diego-officials-brace-for-plunging-cannabis-revenue/

“Just over a year ago, long-term estimates for cannabis tax revenue were projected at $31.5 million in fiscal year 2025, $33.3 million in fiscal 2026 and $33.8 million …

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