Adult-Use Cannabis Generates Over $20B in State Tax Revenue
Revenue generated by adult-use cannabis markets in the U.S. is showing its true impact on the economy. According to a report by […]
Category: cannabis tax
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Alaska House of Representatives Approved Bill To Change Cannabis Taxes
The Alaskan House of Representatives recently voted on May 10 in a 36-3 vote to approve a bill that implements much needed […]
Council of the District of Columbia Votes To Extend 4/20 Tax Holiday
At a recent legislative meeting by the Washington, D.C.’s Council of the District of Columbia meeting on April 2, the council unanimously […]
Washington To Do Away With 37% Medical Cannabis Tax
Lawmakers in Washington State “recently passed a bill granting an exemption from the 37% excise tax for medical marijuana patients and designated […]
Recreational Pot Surges in Rhode Island’s First Year of Legal Sales
Local news outlet WPRI reported last week that the state’s Office of Cannabis Regulation says that recreational marijuana sales “have steadily increased […]
Palm Springs Puts Temporary Hold on New Cannabis Licenses
The Palm Springs City Council voted last week to put a temporary moratorium on issuing new cannabis licenses while civic leaders consider […]
U.S. Census Bureau Shows $5.7 Billion Collected in Cannabis Tax Revenue Since Q3 2021
A report published by the U.S. Census Bureau recently shows the progress of cannabis tax revenue numbers for each state. It’s the […]
New Jersey Cannabis Funds Used for Hospital-Based Intervention Services
New Jersey Gov. Phil Murphy and Attorney General Matthew J. Platkin announced in a press release that $5.5 million in cannabis tax […]
New Jersey Cannabis Tax Revenue Provides $5 Million to Violence Prevention
New Jersey Gov. Phil Murphy and Attorney General Matthew J. Platkin recently revealed an initiative that provides a total of $15 million […]
Michigan Cannabis Sales Hit Record High, Profits Another Story
According to the most recent monthly report from the Michigan Cannabis Regulatory Agency, Michigan cannabis sales reached a record in July, recording […]