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California's Illicit Cannabis Market Faces Regulatory Action, $20M To Regularize Legal Sales
Tuesday, March 7, 2023 - 11:03am | 618According to a new report, released by the California Department of Cannabis Control (DCC), the agency has vastly improved enforcement of illicit marijuana operations over the past two years in the state. The report's enforcement statistics show the following: Search warrant operations...
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Cannabis Legal Market In CA, Weed Consumption Bus, GOP Support For Federal Legalization
Friday, February 24, 2023 - 6:33pm | 955California Cannabis Tax And Legal Sales Drop In Q4 California, which eliminated the cannabis cultivation tax as of the 3Q of 2022, received $221.65 million in tax revenues from legal weed sales in the 4Q, down $ 330.53 million in the period of the previous year, reported Market Watch. The...
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Whoa, How Much? CA's Canabis Industry Owes A Quarter-Billion Dollars In Back Taxes
Friday, December 9, 2022 - 3:54pm | 658California's marijuana industry owes the state a quarter-billion dollars in unpaid taxes. According to Green Market Report, the cannabis sector "as a whole was carrying $250,410,890 in unpaid sales and cannabis taxes, out of a $4.4 billion total in taxes due.” The report cited data...