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California Legal Cannabis Projections

  In January, California’s draft budget anticipated $175 million in total cannabis cultivation and retail taxes by June 30. For Q1-2018 the state collected cannabis taxes totaling $33.6 million (19.2% of the six-month forecast). New Frontier Data’s revised projections foresee $1.12 billion in medical cannabis and $805 million in adult use, for total cannabis sales […]
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