Revenue & Taxes from Oakland's Cannabis Economy 2006
Description
This 2006 report looks at the revenue generated by Oakland’s Medical Cannabis Dispensaries (MCDs) and other parts of the marijuana industry, the associated tax revenue, and the effect of regulation on these numbers, as well as employment. The report concludes that the medical cannabis business has the potential to contribute tens of millions of dollars per year to Oakland’s economy. Reported revenues from MCDs have been as high as $26 million and could potentially range as high as $62 million.