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Wednesday, May 9, 2018

Early California Cannabis Tax Revenue Is Less Than Expected

The first three months of legal adult-use cannabis sales in California weren’t quite what the state was hoping for. Earlier this year, state budget forecasters expected cannabis sales to produce $175 million in annual excise tax revenue. But sales in the first quarter of 2018 underperformed that number, coming in at $34 million. That extrapolates […]

The post Early California Cannabis Tax Revenue Is Less Than Expected appeared first on Latest Marijuana News - Your Up To Date Cannabis News Provider.



source https://www.latestmarijuananews.com/early-california-cannabis-tax-revenue-is-less-than-expected/

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