Newsom says California's legal cannabis market has generated $8.4 billion

Governor Gavin Newsom posted that California's regulated cannabis market has generated $8.4 billion in tax revenue for childcare, youth substance-abuse prevention, medical research, and environmental recovery. The $8.4 billion figure is the governor's claim as posted, not a CDTFA table this desk independently totaled, and the tweet does not spell out the start date of the cumulative count.

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California's legal cannabis market has generated $8.4 billion

Governor Gavin Newsom posted that California's regulated cannabis market has generated $8.4 billion in tax revenue for childcare, youth substance-abuse prevention, medical research, and environmental recovery, and that the state will keep strengthening the legal market. The $8.4 billion figure is the governor's claim as posted, not a CDTFA table this desk independently totaled.

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