[#item_full_content] Gov. Gavin Newsom (D-Calif) said the state’s regulated cannabis industry has generated nearly $8.4 billion in tax revenue since legal sales began in 2018, supporting programs across the state.California Cannabis Market Generates $8.4 BillionOn Wednesday, Newsom said that California’s regulated cann… 
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California Just Hit a Cannabis Tax Milestone: Gavin Newsom Announces $8.4 Billion Haul, Vows to ‘Keep Strengthening Our Legal Market’
ByPot Shop News
September 3, 2026