Browsing Tag
revenue
22 posts
Arizona Weed Sales Topped $1.4 Billion Last Year
Sales of licensed weed in Arizona have exceeded $1 billion per year over the last three years.
Potency Taxes Are Bad and You Should Feel Bad For Supporting Them
Are potency taxes mere extensions of ongoing prohibition?
Ohio Legislators Still Working To Implement Changes to Adult-Use Cannabis Law
Adult-use cannabis is legal in Ohio as of November 2023, but legislators are taking their time to add changes to the voter-approved law.
Arizona Weed Sales Exceed $1 Billion in 2023
Arizona cannabis retailers have already rung up more than $1 billion in weed sales this year, according to data from the state’s Department of Revenue.
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.
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 Tax Revenue Provides $5 Million to Violence Prevention
The state program began in 2021 and helps fund violence intervention efforts by community-led organizations.
Ohio Rec MJ Market Could Generate $275-403M in Taxes in First Five Years
Will Ohio be the next state to usher in a new era of reform and recreational cannabis?
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.