Regulate

California Department of Tax and Fee Administration Reports Cannabis Tax Revenues for the Second Quarter of 2019

Sentinel News ServiceAugust 23, 2019

The California Department of Tax and Fee Administration (CDTFA) reported revenue numbers today for cannabis sales for the 2nd quarter of 2019. As of August 16, 2019, California’s cannabis excise tax generated $74.2 million in revenue reported on the 2nd quarter 2019 returns due by July 31, 2019, and the cultivation tax generated $22.6 million.

Business Economy

California Department of Tax and Fee Administration Reports Cannabis Tax Revenues for Fourth Quarter of 2018

Sentinel News ServiceFebruary 22, 2019

The California Department of Tax and Fee Administration (CDTFA) reported revenue numbers today for cannabis sales for the 4th quarter of 2018. Tax revenue reported by the cannabis industry totaled $103.3 million for 4th quarter returns due by January 31, 2019, which includes state cultivation, excise, and sales taxes. It does not include tax revenue collected by each jurisdiction.