Denver hit $500 million in marijuana tax revenue. So where does the money go? October 31, 2023 AggregatedNews Colorado 0 Comments Every time someone lights up a joint in Denver, the city government gets a couple cents in tax revenue. It turns out people have been busy; The city just passed half a billion dollars in taxes collected from legal marijuana.… Read More→
How Cannabis Legalization Has Changed Cities in the United States May 24, 2022 AggregatedNews Retail 0 Comments The topic of cannabis can be rather taboo in some instances, as countries around the world have differing views on the legalization of marijuana products based on their cultural and religious beliefs. In the United States specifically, it’s been a… Read More→
Medical marijuana brings almost $50M in tax revenue for Arkansas in 1st two years October 7, 2021 AggregatedNews Arkansas 0 Comments It's been two years since medical marijuana became legal in Arkansas and the revenue is showing for it. The state has collected almost $50 million total in tax revenue. "A year ago we said, let's give it time. Let's let… Read More→
Arizona sees first tax revenue from recreational marijuana March 16, 2021 AggregatedNews Arizona 0 Comments During the last 11 days of January, Arizonans bought $2.9 million worth of legal recreational marijuana according to the state Department of Revenue. Records for January’s transaction privilege tax or sales tax show that Arizona residents were buying about $264,000… Read More→
Here’s what we know about marijuana legalization in Montana November 5, 2020 AggregatedNews Montana 0 Comments Montana voters passed two ballot initiatives Tuesday, paving the way for the state to legalize recreational marijuana use. Both ballot measures were required to pass in order for recreational marijuana use to be permitted in the state. Just because the measures passed,… Read More→
Michigan recreational marijuana sales near $18 million in two months February 6, 2020 AggregatedNews Michigan 0 Comments Michigan recreational marijuana sales are nearing $18 million two months after the new industry’s Dec. 1 launch. With $17,699,952 in sales between Dec. 1 and Feb. 2, the state has generated $2,938,192 in tax revenue, including $1,769,995 in excise taxes… Read More→
Colorado: Marijuana Tax Revenue Surplus Will Go Towards Bully Prevention September 30, 2016 AggregatedNews Colorado 0 Comments About 50 schools will receive grants Colorado plans to distribute millions of dollars in surplus marijuana tax revenues to schools in an effort to prevent bullying. The money, totaling about $66 million, is available due to Proposition BB, which permits… Read More→