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.
California Cannabis Revenue Won't Pay for Youth Programs... Yet 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.
California Seeks Lower Taxes and Less Red Tape Amid Slow Pot Sales Monday, several cannabis-industry supporting state lawmakers proposed to slash taxes as a way to jump start California's legal marijuana marketplace.