economy

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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…

6 months ago

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

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…

7 months ago

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…

8 months ago

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…

12 months ago

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…

1 year ago

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…

1 year 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

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…

1 year ago