Browsing Tag
tax revenue
10 posts
Pennsylvania Governor Calls On State Lawmakers To Legalize Weed
Pennsylvania Governor Josh Shapiro called on state legislators to legalize recreational marijuana, noting the state is missing out on $250 million in tax revenue per year.
Missouri Courts Request $3.7 Million for Expungement
County clerks are working diligently to sift through countless paper records to find cannabis-related convictions that are eligible for expungement, but it’s a time-consuming process.
Study Finds Ohio Pot Legalization Would Generate $260M in Net Economic Benefits
An economic analysis has determined that an Ohio ballot measure to legalize cannabis would result in a $260 million net economic benefit for the state each year.
Arkansas Medical Cannabis Sales Set To Surpass Last Year’s Record Of $270M
But the state is conservative even by Republican standards.
Study Says Cannabis Legalization Could Net Western Australia $243.5 Million Windfall
The Greens in Australia have outlined plans to bring cannabis legalization Down Under next year, a big financial gain.
New Report From Marijuana Policy Project Examines Eight Years of Cannabis Tax Revenue
The Marijuana Policy Project's newest report explores cannabis tax revenue data and how it has been impacted by the rising number of legal states and the pandemic.
Montana Tops $200 Million in First Year of Recreational Pot Sales
A big opening year in Montana.
Hawaii Lawmaker Says Tax Revenue Won’t Cover Costs of Legal Adult-Use Cannabis
Hawaii tax officials estimate that legalizing recreational marijuana would generate about $50 million in tax revenue, but a state lawmaker says that will not be enough to implement an adult-use cannabis program.
CRAFT: The Beating Heart of the Cannabis Industry
Why the government, multi-state operators, and cannabis hedge funds have gotten it all wrong—and are losing so badly right now.
Illinois Trumpets 50% Rise in Adult-Use Pot Sales, Tax Revenue
The $1.5 billion in sales “translates into significant tax revenue with a portion of every dollar spent being reinvested in communities that have suffered for decades,” says the state’s guv.