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CDTFA - CA Department of Tax and Fee Administration

CDTFA - CA Department of Tax and Fee Administration

California Department of Tax and Fee Administration Reports $250.5 Million in Cannabis Tax Revenue for the Third Quarter 2024

CDTFA - CA Department of Tax and Fee Administration
Summary
Nutrition label

84% Informative

Cannabis excise tax supports programs for childcare and early childhood development, medical research, youth substance abuse prevention, environmental recovery, and more.

Since January 2018 , more than $6.5 billion in cannabis tax revenue has been generated in California .

Cannabis vendors retained nearly $900,000 in vendor compensation during the second quarter of 2024 .

VR Score

87

Informative language

89

Neutral language

46

Article tone

formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links