https://cannabisexaminers.com/wp-content/uploads/2020/08/Graphics-Solano-News.jpg
SHARE



<br /> Marijuana tax revenue tops $208M during 2nd quarter of 2020

FAIRFIELD — Tax revenue collected by the state from the cannabis industry was reported at $208.4 million for the second quarter of 2020 – a figure that does not include tax revenue collected by cities and counties.

“Since January 2018, total program revenue to date is $1.45 billion, which includes $709.9 million in cannabis excise tax, $173.7 million in cultivation tax and $563.6 million in sales tax,” the state Department of Tax and Fee Administration reported Wednesday.

The state agency reported that $101.8 million of the second quarter’s revenue, from April through July, was generated by the cannabis excise tax and $22.9 million from the cultivation tax. Sales tax from cannabis businesses totaled $83.7 million.

The first-quarter tax revenue was $205.9 million, bringing the 2020 total after six months to $414.3 million.

Reach the Daily Republic newsroom at 425-4646. Submit a news tip at http://www.dailyrepublic.com/tools/news-tip-submission-form/.

“);
if (stories.length > 0 && els.length > 3) {
xlen = toRemove.length;
if (toRemove.length > 0) {
$(toRemove[0]).parent().parent().append(newel);
for (x = 0; x 0 ? jQuery(“#wpadminbar”).height() : 0))),
$wide = jQuery(“#wideSidebar-esection”),
$middle = jQuery(“#middlecolumn”);
if (isNaN(padding)) {
padding = 0;
}
$(document).scroll(function() {
var left_height = $middle.outerHeight(),
content_offset = $middle.offset(),
content_top = !!content_offset ? content_offset.top : 0,
container_height = jQuery(‘#sidebar’).outerHeight(),
right_height = $wide.outerHeight(),
ad_height = $sidebar.height(),
white_space = 0;
if (left_height > right_height) {
jQuery(‘#sidebar’).css(‘min-height’, (left_height – 1) + ‘px’);
}
if (!!left_height && !!right_height && !!ad_height) {
white_space = left_height – right_height;
if (white_space > ad_height && window.scrollY > initial && ((content_top + left_height) > ((2 * padding) + initial + ad_height + (window.scrollY – initial)))) {
$sidebar.stop().animate({‘margin-top’: (2 * padding) + (window.scrollY – initial)});
} else if ((window.scrollY)

Quantcast



0
SHARE

Leave a Reply