california cannabis taxes

California Department of Tax & Fee Administration (CDTFA) and the California Highway Patrol (CHP) will sell property seized from 10 marijuana businesses at a public auction on February 16, 2024, in Los Angeles. This is the first public auction for property seized during cannabis enforcement...

The California Department of Tax and Fee Administration (CDTFA) reported that cannabis tax revenue for the third quarter of 2023 hit $269.3 million. This includes California's cannabis excise tax, which generated $156.9 million, and $112.4 million in sales tax revenue from cannabis...