Browsing Tag
economy
38 posts
Annual California Cannabis Tax Revenue Fund Grantees Awarded $46M
The program has been running for multiple years now and the grant amount is being split between 30 different organizations.
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.
U.S. Economy To Receive $112.4 Billion Boost from Cannabis Industry in 2024
But overall, 2024 isn't the most stellar economic year.
Zimbabwe Farmers Swap Corn for Hemp Farming
The Zimbabwe Agricultural Marketing Authority is acknowledging the pros and cons of switching from traditional crops like corn, millet, and sorghum to hemp.
Cannabis Social Equity: Struggles, Success
Movers and shakers in the social equity scene extrapolate on overcoming challenges and exciting new programs.
Oregon Weed Glut Continues in 2023
Oregon’s years-long overproduction of cannabis continued in 2023, according to a recent report from state economists.
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.
Colorado Has Sold Over $15B in Cannabis Since Legalization
The Colorado Department of Revenue released monthly sales data showing $15 billion in sales since 2014, but a steady decline in sales since the pandemic.
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.
Over Eight Hundred Banks File to Allow Cannabis Businesses, FinCEN Reports
The U.S. Department of Treasury is getting hundreds more requests from banking institutions to work with cannabis businesses.