California cannabis tax revenue dips in early 2022; North Coast firms blame the lower receipts on regulation June 8, 2022 AggregatedNews California 0 Comments Reflecting industry tension with regulators and the general economy, California saw first quarter tax cannabis tax revenues drop compared to the last quarter of 2021. 2022 first quarter total returns amounted to $293.5 million for the period collected as of… Read More→
California cities begin embracing cannabis in desperate search for cash July 1, 2020 AggregatedNews California 0 Comments OAKLAND — California local governments scrambling to find tax revenues during the coronavirus pandemic are turning toward an industry they had considered taboo until now: cannabis. It has been almost four years since voters legalized recreational marijuana in California, and… Read More→