California Department of Tax and Fee Administration Reports Cannabis Tax Revenues for the Fourth Quarter of 2021
Sacramento – The California Department of Tax and Fee Administration (CDTFA) reported cannabis revenue today for the fourth quarter of 2021. As of February 16, 2022, total cannabis tax revenue from fourth-quarter returns is $308.56 million. This includes California’s cannabis excise tax, which generated $157.37 million; the cultivation tax, which generated $38.98 million; and $112.21 million […]