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Ca attained $60.9M in cannabis income tax income for first quarter of 2018

Ca launched the by launching legal sales of recreational year cannabis on January 1. Yet again the quarter that is first over, it is about time hawaii gives us a sense of exactly how its leisure cannabis market has fared up to now.

In line with the Department of Tax and Fee management, Ca made $60.9 million in taxation income from cannabis product sales into the very first quarter of in 2010.

The agency stated that the revenue gathered by the state contains cultivation, excise and product sales taxes, yet it doesn’t include neighborhood taxation income that has been gathered by its different counties or towns and cities.

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The break down of the cannabis taxes accumulated into the very first quarter is as follows:

California’s cannabis excise income tax generated $32 million in income. Continue Reading →