California Medical Marijuana Tax Revenue

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Cannabis Tax Revenues for the Third Quarter of 2021

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

Since January 2018, total cannabis tax revenue to date is $3.12 billion, including $1.58 billion in cannabis excise tax, $393.44 million in cultivation tax, and $1.15 billion in sales tax. Background: In November 2016, California voters approved …

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 has taken in nearly $4 billion in marijuana tax revenue since the state’s adult-use market launched in 2018, the Department of Tax and Fee Administration …

CDTFA Reports Cannabis Tax Revenues for First …

https://cdtfa.ca.gov/news/21-04.htm

Since January 2018, total program revenue to date is $2.38 billion, which includes $1.2 billion in cannabis excise tax, $298.4 million in cultivation tax, and $882.7 …

Marijuana Tax Revenue: A State-by-State Breakdown

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

Legalization of cannabis products has been a boon for state budgets, with states reporting a combined total of $10.4 billion in tax revenue from cannabis sales as of …

California passes $1 billion in cannabis tax revenue two …

https://www.ocregister.com/2020/03/10/california-passes-1-billion-in-cannabis-tax-revenue-two-years-after-launching-legal-market/

Though growth has been slower than expected, and legal operators continue to be hurt by the persistence of the illicit cannabis market, cannabis tax revenues have …

Understanding where California's marijuana …

https://www.mercurynews.com/2019/05/25/where-does-californias-cannabis-tax-money-go/

In order to collect the $1 billion a year in state tax revenue promised by backers of the initiative, plus …

2022 Marijuana Tax Revenue by State (Map) - LoudCloudHealth

https://loudcloudhealth.com/resources/marijuana-tax-revenue-by-state-map/

For instance, in 2020, California marijuana tax revenue hit a record number in marijuana sales and taxes, earning a mind-blowing $778.2 million! Therefore, it is …

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 …

California Medical Marijuana Taxes | McElfresh Law

https://www.criminallawyersandiego.com/medical-marijuana/taxes/

Federal Taxes for Medical Marijuana Businesses. Federal taxes apply to all businesses within the marijuana industry. If you own a medical marijuana operation in California, …

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 …

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