Browsing Tag
cannabis tax
39 posts
Adult-Use Cannabis Generates Over $20B in State Tax Revenue
Marijuana Policy Project’s new report shows how much tax revenue adult-use cannabis has generated since it began in the first states to do so.
Alaska House of Representatives Approved Bill To Change Cannabis Taxes
The bill would change the current tax based on a $50 per ounce to a 7% tax instead.
Council of the District of Columbia Votes To Extend 4/20 Tax Holiday
Between April 15-28, there will be no taxes on medical cannabis.
Washington To Do Away With 37% Medical Cannabis Tax
Medical cannabis patients in Washington are in line for some much-needed financial relief with the state now set to eliminate an onerous excise tax.
Recreational Pot Surges in Rhode Island’s First Year of Legal Sales
Legal cannabis sales kicked off a year ago in Rhode Island. Twelve months on, business is booming.
Palm Springs Puts Temporary Hold on New Cannabis Licenses
The Palm Springs City Council has approved a 45-day moratorium on new cannabis business licenses while recommendations to limit the growth of the industry are considered.
U.S. Census Bureau Shows $5.7 Billion Collected in Cannabis Tax Revenue Since Q3 2021
The bureau’s first compiled report on individual state cannabis tax revenue data will be published quarterly going forward.
New Jersey Cannabis Funds Used for Hospital-Based Intervention Services
Five and a half million dollars from collected cannabis taxes and fees will be used to help curb violence and fund various violence prevention organizations.
New Jersey Cannabis Tax Revenue Provides $5 Million to Violence Prevention
The state program began in 2021 and helps fund violence intervention efforts by community-led organizations.
New Report Shows Colorado Cannabis Tax Revenue Exceeds Tobacco, Alcohol
The in-depth analysis explores the most recent data and how the funds are being shared between various Colorado government agencies and organizations.