Browsing: Revenue

California-based cannabis company Gold Flora Corporation last week filed for a voluntary receivership, seeking court protection it says is necessary as “a result of obligations from…

The Missouri Department of Health and Senior Services (DHSS) last week transferred more than $23.3 million in funds from adult-use cannabis sales to agencies outlined in…

Officials from the Nevada Cannabis Compliance Board (CCB) said Tuesday during a presentation to state lawmakers that illicit cannabis sales in Nevada have grown to a…

Dropshipping offers a unique opportunity for entrepreneurs to enter the world of e-commerce without heavy upfront costs. With minimal inventory and logistical overhead, it’s an efficient…

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…