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Ca attained $60.9M in cannabis income tax income for very very first quarter of 2018

Ca attained $60.9M in cannabis income tax income for very first quarter of 2018

Ca attained $60.9M in cannabis tax earnings for very very first quarter of 2018

Ca launched the by starting appropriate product product product sales of recreational cannabis on January 1 year. All over again the quarter that is first over, it really is about time hawaii provides a feeling of precisely how its leisure cannabis market has fared until now.

On the basis of the Department of Tax and Fee administration, Ca made $60.9 million in taxation earnings from cannabis income in to the extremely very first quarter of in 2010.

The agency reported that the income collected by their state contains cultivation, excise and revenue taxes, yet it doesn’t include neighbor hood taxation earnings that’s been collected by its counties that are different towns and metropolitan areas.

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The breakdown of the cannabis taxes accumulated in to the really very first quarter is the following:

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