cannabis tax

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…

9 months ago

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.

9 months ago

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.

11 months ago

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…

11 months ago

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.

1 year ago

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…

1 year ago

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.

1 year ago

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…

1 year ago

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.

1 year ago

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.

1 year ago