Browsing Tag
tax revenue
12 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.
June 5, 2024
Arkansas Finance Department Shows Medical Cannabis Program Growth
Now celebrating its fifth year since medical cannabis sales began, a new report shows increases in sales and cardholder numbers.
May 15, 2024
Pennsylvania Governor Calls On State Lawmakers To Legalize Weed
Pennsylvania Governor Josh Shapiro called on state legislators to legalize recreational marijuana, noting the state is missing out on $250 million in tax revenue per year.
February 8, 2024
Missouri Courts Request $3.7 Million for Expungement
County clerks are working diligently to sift through countless paper records to find cannabis-related convictions that are eligible for expungement, but it’s a time-consuming process.
January 22, 2024
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.
November 3, 2023
Arkansas Medical Cannabis Sales Set To Surpass Last Year’s Record Of $270M
But the state is conservative even by Republican standards.
August 31, 2023
Study Says Cannabis Legalization Could Net Western Australia $243.5 Million Windfall
The Greens in Australia have outlined plans to bring cannabis legalization Down Under next year, a big financial gain.
May 18, 2023
New Report From Marijuana Policy Project Examines Eight Years of Cannabis Tax Revenue
The Marijuana Policy Project's newest report explores cannabis tax revenue data and how it has been impacted by the rising number of legal states and the pandemic.
May 2, 2023
Montana Tops $200 Million in First Year of Recreational Pot Sales
A big opening year in Montana.
January 6, 2023
Hawaii Lawmaker Says Tax Revenue Won’t Cover Costs of Legal Adult-Use Cannabis
Hawaii tax officials estimate that legalizing recreational marijuana would generate about $50 million in tax revenue, but a state lawmaker says that will not be enough to implement an adult-use cannabis program.
November 2, 2022