Browsing: Billion

New Jersey’s top cannabis regulator said that licensed cannabis dispensaries in the state have sold more than $2 billion worth of combined medical and adult-use cannabis…

With every election season that comes, it’s become almost inevitable that at least one or two more of the states will legalize cannabis for either fully…

New data from the Cannabis Regulatory Agency (CRA) in Michigan revealed that the state collected more than $3.6 billion in adult-use sales last year. Compared to…

The Tax Foundation, a D.C.-based think tank, has proposed a state and federal marijuana tax model in a recent report, suggesting that nationwide legalization could generate…

Sales of cannabis in Arizona have exceeded $1 billion this year, according to data from the state Department of Revenue. Total marijuana sales eclipsed the billion-dollar…

A report published by the U.S. Census Bureau recently shows the progress of cannabis tax revenue numbers for each state. It’s the first report of its…

A planned merger between cannabis multistate operators Columbia Care and Cresco Labs valued at $2 billion has been called off, according to a statement from the…

The regulated marijuana market in Minnesota is expected to grow to more than $1.5 billion per year by 2029, according to a projection from a leading…

Legacy cannabis operators are the ones who bore the brunt of prohibition and paved the way for a new, legal market to flourish; one worth billions…

According to data from the cannabis research firm Whitney Economics, the cannabis industry paid an excess of $1.8 billion in additional taxes in 2022 alone. And,…