Browsing Tag
cannabis tax
36 posts
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.
March 13, 2024
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.
December 5, 2023
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.
October 30, 2023
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.
October 11, 2023
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.
October 3, 2023
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.
August 23, 2023
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.
August 21, 2023
Michigan Cannabis Sales Hit Record High, Profits Another Story
The Michigan Cannabis Regulatory Agency reports record-high revenue, but there is little profit to show for it.
August 21, 2023
Ohio Cannabis Legalization Initiative Approved For November Ballot
Valid ballot initiative signatures have been submitted, and “massive turnout” is expected this November for cannabis and abortion rights.
August 17, 2023