Cannabis tax revenues are fueling universal basic income initiatives in US cities
Several US cities include the use of cannabist revenue to finance UBI programs (Universal Basic Income). Albuquerques groundbreaking UBI program Albuquerque, New Mexico, started a
Cannabis Market Crash Fallout – Cities and communities brace for falling tax revenues from weed sales
The expected drop in tax revenue from cannabis sales in cities like San Diego is a concern for city officials, who are bracing for a significant budget cut. As California’s r
Hawaii lawmakers say tax revenues will not cover the cost of legal adult cannabis use
The Hawaii State Internal Revenue Service estimates that legalizing adult-use cannabis in the state would generate approximately $50 million annually in tax revenue, surpassing the
California uses cannabis tax revenues to give $35.5 million to community organizations
The California Governor’s Office of Business and Economic Development (also known as GO-Biz) announced on June 1 that it would award $35.5 million worth of cannabis tax reven
Cannabis tax revenues bring $31 million to Arizona community colleges
Ten community colleges in Arizona recently received $31 million in recreational cannabis tax funds, the Associated Press reports. Arizona’s recreational cannabis law provides
New analysis shows tax revenues from cannabis in the billions
States that have legalized adult marijuana sales have seen billions in new tax revenues from cannabis, according to a new study. The recently published study, courtesy of the Marij