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The California Department of Tax and Fee Administration (CDTFA) reported cannabis revenue on Wednesday for the fourth quarter of 2022. As of February 16, 2023, total cannabis tax revenue from fourth-quarter returns is $221.6 million.
California lawmakers are having their first public hearing on a proposal to penalize some oil company profits
California lawmakers held a hearing to consider a penalty on oil companies after the industry posted record profits at a time when drivers paid the highest gas prices in the nation.
SACRAMENTO, Calif. — Nearly five months after Gavin Newsom initially called for a penalty on excessive oil company profits, the governor and lawmakers in Sacramento appear no closer to deciding
Over the last two years, oil companies have spent $34 billion lobbying lawmakers in the state.