Category Archives: Cannabis Oil

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

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

California exposed the year by starting appropriate product sales of leisure cannabis on 1 january. Yet again the quarter that is first over, it is about time their state provides an idea of how its cannabis that are recreational has fared to date.

Based on the Department of Tax and Fee management, Ca made $60.9 million in income tax income from cannabis product sales into the first quarter of this current year.

The agency stated that the revenue gathered by the state contains cultivation, excise and product sales taxes, yet it generally does not consist of tax that is local income which was gathered by its counties that are various urban centers. Continue reading Ca attained $60.9M in cannabis income tax income for first quarter of 2018