Results from the past 5 years


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Cannabis Tax Revenue Update: November 2023 [EconTax Blog]

Nov 30, 2023 - Cannabis Tax Revenue Update: November 2023 [EconTax Blog] Cannabis Tax Revenue Update: November 2023 November 30, 2023 Seth Kerstein Background. In November 2016, California voters approved Proposition 64 , which legalized the nonmedical use of cannabis.
https://lao.ca.gov/LAOEconTax/Article/Detail/790

Cannabis Tax Revenue Update: November 2023 [EconTax Blog]

Nov 30, 2023 - Cannabis Tax Revenue Update: November 2023 [EconTax Blog] Cannabis Tax Revenue Update: November 2023 November 30, 2023 Seth Kerstein Background. In November 2016, California voters approved Proposition 64 , which legalized the nonmedical use of cannabis.
https://lao.ca.gov/LAOEconTax/article/Detail/790

Cannabis Tax Revenue Update: February 2024 [EconTax Blog]

Feb 27, 2024 - Preliminary Total for Fourth Quarter of 2023: $157 Million. The administration currently estimates that retail excise tax revenue was $157 million in the fourth quarter of calendar year 2023. The revised estimate for the third quarter of 2023 is now $164 million, up 4 percent from the $157 million preliminary estimate announced in November.
https://lao.ca.gov/LAOEconTax/article/Detail/799

Cannabis Tax Revenue Update: February 2024 [EconTax Blog]

Feb 27, 2024 - Preliminary Total for Fourth Quarter of 2023: $157 Million. The administration currently estimates that retail excise tax revenue was $157 million in the fourth quarter of calendar year 2023. The revised estimate for the third quarter of 2023 is now $164 million, up 4 percent from the $157 million preliminary estimate announced in November.
https://lao.ca.gov/LAOEconTax/Article/Detail/799

Cannabis Tax Revenue Update (2024 Q2) [EconTax Blog]

Sep 4, 2024 - The revised estimate for the first quarter of 2024 (January through March) is $157 million, slightly higher than the $153 million preliminary estimate announced in May. Current LAO Estimate for 2023-24: $644 Million.
https://lao.ca.gov/LAOEconTax/Article/Detail/812

Cannabis Tax Revenue Update (2024 Q2) [EconTax Blog]

Sep 4, 2024 - The revised estimate for the first quarter of 2024 (January through March) is $157 million, slightly higher than the $153 million preliminary estimate announced in May. Current LAO Estimate for 2023-24: $644 Million.
https://lao.ca.gov/LAOEconTax/article/Detail/812

Cannabis Tax Revenue Update [EconTax Blog]

May 31, 2024 - The revised estimate for the fourth quarter of 2023 is now $159 million, up slightly from the $157 million preliminary estimate announced in February. Current LAO Forecast for 2023-24: $649 Million. We currently project cannabis tax revenues of $649 million in 2023-24.
https://lao.ca.gov/LAOEconTax/Article/Detail/805

Cannabis Tax Revenue Update [EconTax Blog]

May 31, 2024 - The revised estimate for the fourth quarter of 2023 is now $159 million, up slightly from the $157 million preliminary estimate announced in February. Current LAO Forecast for 2023-24: $649 Million. We currently project cannabis tax revenues of $649 million in 2023-24.
https://lao.ca.gov/LAOEconTax/article/Detail/805

Cannabis Tax Revenue Update [EconTax Blog]

Aug 30, 2023 - Preliminary Total for Second Quarter of 2023: $157 Million. The administration currently estimates that retail excise tax revenue was $157 million in the second quarter of calendar year 2023 (April through June).
https://lao.ca.gov/LAOEconTax/article/Detail/781

Cannabis Tax Revenue Update [EconTax Blog]

Aug 30, 2023 - Preliminary Total for Second Quarter of 2023: $157 Million. The administration currently estimates that retail excise tax revenue was $157 million in the second quarter of calendar year 2023 (April through June).
https://lao.ca.gov/LAOEconTax/Article/Detail/781