California Shattered Marijuana Tax Revenue Record In Latest Fiscal Year, State Reports

California collected about $817 million in adult-use marijuana tax revenue during the 2020-2021 fiscal year, state officials estimated on Monday. That’s 55 percent more cannabis earnings for state coffers than was generated in the prior fiscal year. The nonpartisan Legislative Analyst’s Office said combined excise and cultivation tax revenue for the fourth quarter, which ended … Continue reading California Shattered Marijuana Tax Revenue Record In Latest Fiscal Year, State Reports