Tag: CDTFA. business

Cannabis Tax Revenue Increases in Second Quarter of 2018
Business

Cannabis Tax Revenue Increases in Second Quarter of 2018

Rise shows compliance trend growing The California Department of Tax and Fee Administration (CDTFA) recently released revenue numbers for cannabis sales for the second quarter of 2018. Tax revenue from the cannabis industry totaled $74,240,257 from April 1, 2018, through June 30, 2018, which includes state cultivation, excise, and sales taxes. It does not include…