San Diego’s cannabis-tax revenue takes a big hit

Customers at dispensaries in San Diego pay higher cannabis taxes than most of the state, but sales appear to have been sinking over the past four years.

San Diego collected $12.8 million in local cannabis tax in the first 11 months of fiscal year 2025. (The city’s fiscal year ended July 31, but its accounting deadline isn’t until mid-August.)

While $12.8 million may sound like a lot, it’s roughly half the amount of cannabis tax San Diego collected in FY2021. That year, the city collected $23.6 million…

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