Ca attained $60.9M in cannabis income tax revenue for first quarter of 2018
Ca opened the 12 months by releasing appropriate sales of leisure cannabis on 1 january. Yet again the very first quarter is over, it is about time their state provides a sense of exactly how its cannabis that are recreational has fared to date.
In accordance with the Department of Tax and Fee management, Ca made $60.9 million in taxation income from marijuana product product sales when you look at the first quarter of in 2010.
The agency stated that the income gathered by the continuing state contains cultivation, excise and product sales taxes, yet it doesn’t consist of tax that is local income that has been collected by its various counties or towns. Read more