Annual California Cannabis Tax Revenue Fund Grantees Awarded $46M
The California Governor’s Office of Business and Economic Development (GO-Biz) announced a new batch of cannabis tax revenue community investments on May 31. This […]
Category: economy
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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 report by […]
U.S. Economy To Receive $112.4 Billion Boost from Cannabis Industry in 2024
Green isn’t just the color of cannabis, but cash, too. And thanks to your valiant efforts of consumption, the industry is looking […]
Zimbabwe Farmers Swap Corn for Hemp Farming
Farmers in Zimbabwe are pivoting from the country’s traditional staple crops like corn to a new lucrative crop—hemp production. Leaders in the […]
Oregon Weed Glut Continues in 2023
Oregon cannabis producers grew too much weed again this year, according to a new report, continuing the glut of marijuana that has […]
Study Finds Ohio Pot Legalization Would Generate $260M in Net Economic Benefits
A cost-benefit analysis of the impact of a proposed cannabis legalization measure in Ohio has determined that legalization would generate a net […]
Colorado Has Sold Over $15B in Cannabis Since Legalization
The Colorado Department of Revenue (DOR) released a monthly cannabis sales report for August, the latest month available, showing that adult-use and […]
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 […]
Over Eight Hundred Banks File to Allow Cannabis Businesses, FinCEN Reports
Banking institutions are in a race to allow cannabis businesses ahead of imminent changes in the way cannabis is classified at the […]
Texas Cannabis Companies’ Economic Impact Predicted To Surpass Wine
Cannabis businesses in Texas may soon make more money than the wine industry, the Austin Business Journal reports. Cannabis companies brought in […]