Recreational Pot Surges in Rhode Island’s First Year of Legal Sales
Why it matters: This article highlights the substantial growth of recreational cannabis sales in Rhode Island and the potential revenue ...
Tag: cannabis tax
Palm Springs Puts Temporary Hold on New Cannabis Licenses
Why it matters: The Palm Springs City Council has implemented a temporary moratorium on new cannabis licenses in order to ...
U.S. Census Bureau Shows $5.7 Billion Collected in Cannabis Tax Revenue Since Q3 2021
Why it matters: The U.S. Census Bureau has published a report on cannabis tax revenue numbers for each state, providing ...
New Jersey Cannabis Funds Used for Hospital-Based Intervention Services
Why it matters: The state of New Jersey has allocated $5.5 million from its Cannabis Regulatory, Enforcement Assistance, and Marketplace ...
New Jersey Cannabis Tax Revenue Provides $5 Million to Violence Prevention
Why it matters: New Jersey Gov. Phil Murphy and Attorney General Matthew J. Platkin have announced an initiative that provides ...
Michigan Cannabis Sales Hit Record High, Profits Another Story
Why it matters: The article highlights the record-breaking cannabis sales in Michigan, reaching $276 million in July. This indicates the ...
New Report Shows Colorado Cannabis Tax Revenue Exceeds Tobacco, Alcohol
Why it matters: The Colorado Legislative Council Staff released a report showing how cannabis taxes are benefiting the state. Despite ...
Ohio Cannabis Legalize Initiative Pending For November Ballot
Why it matters: The Coalition to Regulate Marijuana Like Alcohol (CRMA) is working on a citizen-initiative in Ohio to legalize ...
Santa Barbara County, California to Implement ‘Death Penalty’ Tax Rule
Why it matters: Santa Barbara County officials are implementing harsher penalties on cannabis businesses that fail to pay their taxes ...
California Agency Awards Over $50 Million in Cannabis Tax Funds to 31 Organizations
Why it matters: The California Governor’s Office of Business and Economic Development is distributing $50 million in grants to health ...
Cannabis Industry Paid $1.8 Billion in Excess Taxes in 2022
Why it matters: The legal cannabis industry in the United States paid $1.8 billion in excess taxes in 2022 alone, ...
New York Governor Signs Legislation To Reign In Illicit Weed Market
Why it matters: New York Governor Kathy Hochul has signed new legislation aimed at reducing the illicit cannabis market, providing ...
Montana Lawmakers Approve Cannabis Tax Bill
Why it matters: Montana lawmakers have passed Senate Bill 442, which allocates revenue from recreational marijuana taxes, to Governor Greg ...
New Report From Marijuana Policy Project Examines Eight Years of Cannabis Tax Revenue
Why it matters: The Marijuana Policy Project (MPP) has released a report that shows states in the US with cannabis ...
