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Cannabis Tax Revenue Continues to Grow Despite Pandemic

Santa Barbara Independent · Delaney Smith · last updated
Cannabis Cannabis Tax Revenue Continues to Grow Despite Pandemic Santa Barbara County to See More Dispensaries in FutureSanta Barbara County collected $2.6 million in cannabis tax revenue during the second quarter of the 2020-21 fiscal year a 30 percent increase in the taxes collected over the same quarter last fiscal year. Despite the financial impact of the pandemic, cannabis tax revenues have continued to remain strong. The following are the top three takeaways from the countys presentation on cannabis tax revenue over the second quarter October 1-December 31, 2020. 3) Six new cannabis projects were submitted in the second quarter alone. Every day, the staff of the Santa Barbara Independent works hard to sort out truth from rumor and keep you informed of whats happening across the entire Santa Barbara community.
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