California Marijuana Tax Money To Fall Well Below Forecasts

Weedmaps
By APJan 14, 2019, 9:00 am171 pts
LOS ANGELES — Deep in Gov. Gavin Newsom’s new budget is a figure that says a lot about California’s shaky legal marijuana market: The state is expecting a lot less cash from cannabis taxes. The Democrat’s proposed spending plan, released Jan. 10, 2019, projects the state will bank $355 million in marijuana…

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