Black Market Sales in Canada Soar as Retail Market Struggles to Catch Up
During 2018’s fourth quarter, consumer cannabis spending totaled $1.478 billion. Unfortunately, only 21 percent of that went toward legal cannabis.
During 2018’s fourth quarter, consumer cannabis spending totaled $1.478 billion. Unfortunately, only 21 percent of that went toward legal cannabis.
Part of California’s tax revenue from pot sales was to be devoted to youth programs. A year in and there’s still no money for those programs.
Monday, several cannabis-industry supporting state lawmakers proposed to slash taxes as a way to jump start California’s legal marijuana marketplace.
