Browsing Tag
cannabis sales
88 posts
March Marks New High for Cannabis Sales in Michigan
Michigan collected a combined total of $289 million in sales in March, split between $286.8 in adult-use cannabis and $2.1 million in medical cannabis.
Virginia Governor Vetoes Bill To Legalize Cannabis Sales
Virginia’s governor has vetoed legislation to authorize licensed pot sales and another bill allowing for resentencing of past pot convictions.
2024 U.S. Cannabis Sales Projected To Exceed $31 Billion
Sales of legal weed in the United States are expected to top $31 billion this year, according to a new economic projection.
Long Beach, California To Slash Pot Taxes in Half for Stores in Good Standing
Long Beach City Council initially approved tax breaks for cannabis retailers and cultivators in the city.
Green Rush Leaves ‘Ghost Town’ of Grow Facilities in Ordway, Colorado
Ordway, Colorado was a cannabis boomtown just a few years ago, but now only a quarter of its grow facilities still stand.
Maine’s 2023 Adult-Use Cannabis Sales Top $200 Million
Maine’s recreational cannabis industry saw $217 million in sales in 2023, although falling prices may be an indication of trouble to come for the state’s licensed operators.
Connecticut Allows Weed, Not Alcohol Sales on Christmas and New Year’s Day
Cannabis remains allowed on holidays in Connecticut, including Christmas and New Year’s Day.
Oregon Weed Glut Continues in 2023
Oregon’s years-long overproduction of cannabis continued in 2023, according to a recent report from state economists.
St. Louis Fails To Collect $500,000 in Pot Taxes
A bureaucratic error at St. Louis City Hall has caused a delay in the collection of a new cannabis sales tax leading to a loss of an estimated $500,000 in revenue.
New Wisconsin Report Shares Cannabis Revenue Estimates
The report shows that cannabis tax revenue totals could reach $170.5 million by the third year.