California’s $8.4B Cannabis Windfall: Cracking Down on Illicit Ops
Governor Gavin Newsom recently announced that the California legal cannabis market has generated nearly $8.4 billion in cumulative tax revenue since sales began in 2018. This massive economic milestone highlights the maturity of the state’s regulated industry while simultaneously underscoring the aggressive push by state authorities to curb illicit market operations that continue to undermine…

