California Medical Marijuana Tax Revenue 2011

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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 taxes went into effect: a cultivation tax on all harvested cannabis that enters the commercial …

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 …

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 …

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. Published. 9 months ago. on. May 27, 2022. By. Kyle Jaeger. …

CDTFA: Cannabis Tax Revenues Total $60.9 Million in …

https://cannabis.ca.gov/2018/05/cdtfa-cannabis-tax-revenues-total-60-9-million-in-first-quarter/

California’s excise tax on cannabis generated $32 million in revenue for the first quarter of calendar year 2018. The cultivation tax generated $1.6 million, and the …

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, …

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 …

California Eliminates Cannabis Cultivation Tax - Forbes

https://www.forbes.com/sites/ajherrington/2022/07/05/california-eliminates-cannabis-cultivation-tax/

The bill, which marks a significant change to California’s tax structure for the legal marijuana industry, maintains the cannabis excise tax at its current rate of 15% for …

San Diego Officials Brace for Plunging Cannabis Revenue

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

“California residents purchased $1.27 billion worth of licensed cannabis products in July, August and September, creating $128 million in excise taxes, according …

California's Billion-Dollar Medical Marijuana Market Offers Millions …

https://www.canorml.org/business-resources-for-cannabis-brands/californias-billion-dollar-medical-marijuana-market-offers-millions-in-tax-revenues/

A Modesto dispensary, California Healthcare Collective Inc., reported paying $93,000 per quarter in federal IRS taxes, $25,000 per quarter in state payroll taxes, and $50-60,000 …

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