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Cannabis Tax Revenue of $259.9 Million in Q1 2024

by | Jun 25, 2024 | CDTFA, Tax Revenue |

The CDTFA reports that $259.9 million has been collected in the first quarter of 2024 in sales and excise tax. In California, over $6 billion has been collected in tax from cannabis businesses since 2018. These taxes are used to fund childcare and early development programs, medical research, transportation, public safety, libraries, and more.

To read the full news release, click here.


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