Missouri assigns cannabist revenue to support veterans and addiction treatment programs
Missouri's cannabis industry has contributed significantly to government income and enables essential assignments to support the services of the veterans, the treatment program
The cannabis revenue of this state repeatedly flocks
The states begin to mix with impending budget functions, but marijuana is a blessing for some – especially a state. The new federal administration is revising the government
Maine Towns is pushing to achieve a reduction in cannabist tax revenue
Maine's leisure kannabism market has brought in millions in the millions, but the local communities still have to see none of it. A new invoice, LD 347, aims to change this by
The cannabis markets on the ballot could bring in $3 billion in new revenue in 2024
States voting on cannabis in 2024 could generate $3 billion in new markets. Legalization brings revenue, jobs and benefits to community programs. Potential $3 billion in revenue fr
The Arizona Department of Revenue releases cannabis sales data for June and July
The Arizona Department of Revenue recently released new cannabis sales data reported for the months of June and July. Medical cannabis sales began in Arizona back in December 2012,
The U.S. Census Bureau reports $5.7 billion in cannabis tax revenue as of the third quarter of 2021
A recent report released by the US Census Bureau shows the trend in cannabis tax revenue for each state. It is the bureau’s first report of its kind and begins in the third q
New Jersey’s Cannabis Tax Revenue Allocates $5 Million To Prevent Violence
New Jersey Governor Phil Murphy and Attorney General Matthew J. Platkin recently announced an initiative totaling $15 million to support Community-Based Violence Intervention (CBVI
New report shows Colorado cannabis tax revenue exceeds tobacco and alcohol revenue
The Colorado Legislative Council Staff (LCS), dubbed the “bipartisan research arm of the Colorado General Assembly,” released a report on Aug. 16 detailing how cannabis
San Diego officials brace for falling cannabis revenue
City officials in San Diego expect tax revenue from cannabis sales to fall sharply this year as California’s regulated marijuana market continues to face difficult headwinds.
This state expects over $30 million in weed tax revenue, making it more profitable than alcohol
Through Nina Zdinjak Which vice brings in more taxes – weed or alcohol? It depends on the state, the local trend and the taxes that are imposed. But with the legalization of
Hawaii says they won’t raise enough tax revenue to cover the costs associated with a recreational cannabis market
Based on a recent agency report, the Hawaii State Internal Revenue Service estimates that legalizing cannabis for adult use would generate approximately $50 million in tax revenue
Cannabis had the highest tax revenue in Colorado and Washington versus alcohol and cigarettes
A new report from the Tax Policy Center shows that cannabis tax revenues in Colorado were seven times higher than alcohol revenues, and Washington earned $559 million in cannabis-r
Cannabis legalization is a boon to real estate, new jobs and tax revenue, new data shows
Through Jelena Martinovic A new report from the Federal Reserve Bank sheds light on the economic impact of marijuana legalization in recent years, reports Marijuana Moment. Policy
Which two states receive more tax revenue from the sale of marijuana than from the sale of alcohol or tobacco?
Cannabis sales generated more revenue for Colorado and Washington State in fiscal 2022 than alcohol or cigarette sales. In eight other states, marijuana tax revenues surpassed thos
$10.4 billion in tax revenue from legal cannabis sales, but where is all that money going?
The financial aspect of the cannabis industry is certainly getting a lot of attention lately, and it’s easy to see why. As the industry grows at an amazing rate, many states
These doctors want marijuana to be illegal again, and this state has broken a record in cannabis tax revenue
183 Through Jelena Martinovic *** Thailand became the first Southeast Asian country to decriminalize marijuana last month after the government removed the substance from its Catego
Illinois Trumpets 50% increase in adult pot sales, tax revenue
It’s been a 50-50 year for the adult cannabis program in Illinois. Like a 50% increase in sales and a 50% increase in tax revenue. The state governor released the numbers Mon
Federally illegal marijuana brought in nearly $4,000,000,000 in tax revenue in 2021, but how can that be when it’s illegal?
Nearly $4 Billion Taken In Cannabis Tax Revenue By States In 2021 – How Are States Using That Money? A new report from the Marijuana Policy Project (MPP) revealed that states
Legal States raised nearly $4 billion in legal marijuana revenue in 2021
A new report reveals some big numbers when it comes to cannabis tax revenue generated by legal weed states, which took in more than $3.7 billion in 2021. This is an increase of 34%
Massachusetts Now Makes More Tax Revenue from Weed than Alcohol, So Why are Some Politicians Still Against Legalization?
The government of Massachusetts has revealed that it is generating more tax revenues from its marijuana industry than its alcohol sector. The state disclosed that it made $74 milli