Browsing: Revenue

The California Governor’s Office of Business and Economic Development (GO-Biz) announced a new batch of cannabis tax revenue community investments on May 31. This round’s grants for fiscal…

Since adult-use cannabis passed in Missouri in 2022, the state recently divided $15 million in adult-use sales revenue to fund support services for military veterans and…

Revenue generated by adult-use cannabis markets in the U.S. is showing its true impact on the economy. According to a report  by the Marijuana Policy Project…

Adult-use cannabis retailers in Illinois sold a record $1.6 billion worth of cannabis products in 2023, which generated $416 million in tax revenue for the state,…

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…

The Ohio Senate passed a bill last week to change the state’s adult-use cannabis law, WTAP reports. The measure, passed on the day the voter-approved law…

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…

Adult-use cannabis tax revenues in Hawaii could reach between $34 million and $53 million annually, according to a report by the Dual Use Cannabis Task Force…

Curaleaf CEO Matt Darin (Photo: Lloyds Studio / mg Magazine) In April, cannabis giant Curaleaf received a disconcerting notification from the New Jersey Cannabis Regulatory Commission…

Robert F. Kennedy Jr., a 2024 Democratic presidential candidate, says that he would legalize marijuana and psychedelics if elected to the White House—and he’d tax both…