Tag Archives: legal in California

Taxed Marijuana would bring $1.4 billion to California

Written by Janet The bill to tax and regulate marijuana in California like alcohol could possibly bring in $1.4 billion in revenue for the cash-strapped state, according to an official analysis released Wednesday by tax officials.  The State Board of Equalization report estimates marijuana retail sales would bring $990 million from a $50-per-ounce fee and $392 million …

Continue reading