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CANNABIS GENERATES $458M, 2,500 JOBS FOR SANTA BARBARA

PHOTO BY PATRICK FORE ON UNSPLASH

By Donny Alexander
08/10/2019 10:21 AM GMT-0700
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A preliminary economic impact report from UC Santa Barbara estimates the cannabis industry generates $458M annually for the county economy. The Economic Forecast Project indicates that weed's financial contributions can reach far beyond filling local tax coffers.Coastal View

  • Growers spend $785,000 per acre on local goods and services, including consulting fees, payroll, and taxes. Yearly, Santa Barbara’s 156 acres of legal grows incur $122M million in expenses.

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