How much revenue will Proposition 19 generate for California?
According to California’s tax collector, the Board of Equalization (BOE), there is an estimated $14 billion in cannabis transactions every year in California, but since cannabis remains illegal, our state sees none of the revenue that would come from controlling and taxing it. The BOE estimates that controlling and taxing cannabis could generate $1.4 billion in revenue each year, which could help fund what matters most in California: jobs, healthcare, public safety, parks, roads, transportation, and more.
