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California marijuana sales bring in nearly $248 million in tax revenue

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Legal cannabis sales in California generated nearly $248 million in tax revenue during the first three months of 2026, according to new figures released by the state Wednesday. The California Department of Tax and Fee Administration reported that cannabis retailers brought in $143.6 million in cannabis excise taxes and another $104.3 million in sales taxes […]Legal cannabis sales in California generated nearly $248 million in tax revenue during the first three months of 2026, according to new figures released by the state Wednesday. The California Department of Tax and Fee Administration reported that cannabis retailers brought in $143.6 million in cannabis excise taxes and another $104.3 million in sales taxes […] 

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