As cannabis revenue drops some counties are unhappy with Measure 110 disbursements

Redding’s Budget Crisis Fuels Debate Over Cannabis Tax Policy - Merry Jane

Redding city officials are scrambling to address a looming $5 million budget shortfall, and cannabis tax revenue has become a major point of contention. As city leaders debate how to close the gap, divisions have deepened over whether to increase, decrease, or restructure the cannabis tax to help stabilize local finances. The Role of Cannabis Taxes in Redding’s Budget Legal cannabis sales contribute millions in tax revenue to Redding’s budget ea…

As cannabis revenue drops some counties are unhappy with Measure 110 disbursements

Cannabis revenue is forecasted to decline over the next four years.

Arizona Collected $25 Million in Marijuana Tax Revenue in February, Nearing $1 Billion All-Time

The Marijuana Herald - Marijuana news and information There was $24,957,632 in tax revenue generated from licensed marijuana sales in February, according to the Arizona Department of Revenue. This represents an increase of about 9% compared to the $22,919,158 collected in February 2024. February’s taxes bring the all-time total to nearly $1 billion, reaching $992,450,806. In February, $15,501,746 of the revenue came from the state’s 16% recreati…