Tax revenue from cannabis seems to be dropping in Santa Barbara County, and the costs of managing the industry soon could outpace the amount of money that it brings in.
A report from the Santa Barbara County Civil Grand Jury found that the cost of the county’s cannabis enforcement could become a financial burden in the future.
“While initially the county received a ‘green rush’ of cannabis tax revenue, that revenue has since declined steadily from its high of $15.7 million in 2020-2021 to less than $6 million in 2023-2024,” the report stated…