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Cannabis Tax Revenue « California Cannabis
Posted on September 13th, 2008 by Cali Cannabis

Cannabis tax revenue could be windfall of cash for California and USA

How much tax revenue is California throwing away but not taxing and regulating the sale of cannabis? We’re talking about hundreds of millions of dollars. Alternet cites a 2006 study that says marijuana is the largest cash crop in the USA, worth more than corn and wheat combined.

Check out these figures from Alternet:

As the U.S. [...]

Posted on September 6th, 2008 by Cali Cannabis

ABC News on Medical Marijuana’s Eco Boomtown: Humboldt County

New article just posted to ABC News hints at the massive tax revenues the state of California could reap if they established clearer operational guidelines for dispensary owners. Their reporter Mary Spicuzza visited Humboldt Country, where local activist Martha Devine told her that the economy of Humboldt County “would have ceased to exist a long [...]