cannabis tax

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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…

6 months ago

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…

6 months ago

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…

8 months ago

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…

8 months ago

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…

12 months ago

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.…

1 year ago

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…

1 year ago

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…

1 year ago