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States Collect $3.7 Billion In Recreational Cannabis Tax Revenue In 2021 Says MPP Report

Cannabis Law Report

States that have legalized marijuana for adult use collectively generated more than $3.7 billion in tax revenue from recreational cannabis sales in 2021, a report from the Marijuana Policy Project (MPP) that was released on Wednesday found. States Collected More Than $3.7 Marijuana Moment Report Thus. Read full report.

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Recreational Marijuana: Impact on Traffic Deaths

CannaMD

Luckily, states such as Colorado, Washington, and California have had marijuana laws in place long enough for researchers to collect data and better understand the effects of legalization on behaviors such as driving under the influence. Their results may assuage some of these concerns. FACTORS INFLUENCING RESULTS. INADEQUATE TESTING.

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Recreational Marijuana: Effects on Teen Use

CannaMD

2020 was yet another watershed year for cannabis legalization, with more and more states voting to legalize medical and/or recreational marijuana. Yet, data suggests otherwise. And according to that data, there appears to be little to no correlation between cannabis legalization and underage marijuana use on a state-by-state basis.

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Colorado may see its biggest overhaul of marijuana laws since recreational legalization – Cannabis Business Executive

SpeedWeed

As recently as 2014, the vast majority of medical and recreational cannabis sold in Colorado was flower and only 11% was the high-potency concentrates consumed through dab rigs or vape pens. They don’t make cannabis products like they used to, and there’s an increasing number of Colorado lawmakers who think that’s problematic.

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New State Cannabis Office Debuts in Colorado

SpeedWeed

According to most recent sales data on Colorado’s cannabis industry, the state has sold $962,071,139 between January and May of this year. In total cannabis sales since recreational cannabis launched in 2014, the state has collected $10,940,865,212. View original article.

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Report: Federal Reserve Bank of Kansas City -“Is the Colorado Marijuana Industry Showing Signs of Maturation?”

Cannabis Law Report

DECEMBER 31, 2019 | This issue of the Rocky Mountain Economist provides an update on the economic impacts of the marijuana industry in Colorado and evaluates signs of maturation within this industry nearly six years after the first recreational marijuana storefronts opened. The State of the Cannabis Industry in the Nation. percent THC.

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Federal Bulletin: Economic Arguments for Cannabis Legalization

Canna Law Blog

John presented incredibly interesting points and data, including the fact that most congressional candidates running in these mid-term elections hardly even mentioned the word marijuana when stumping. For example, Colorado issued around 38,000 occupational licenses in the first four years after legalization, 2014–17 (Felix 2019).