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Illinois Collects Nearly $100 Million More From Marijuana Tax Revenue Than Alcohol In 2021, State Data Shows

Cannabis Law Report

Illinois has generated almost $100 million more in tax revenue from adult-use marijuana sales than from alcohol in 2021, state data shows. This will be the second round of funding to be issued through the state’s Restore, Reinvest, and Renew (R3) program, which was established under Illinois’s adult-use cannabis legalization policy.

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Researchers To Investigate Arkansas’ Medical Cannabis Program

Veriheal

The NIDA-funded investigation will delve into the health-related repercussions of Arkansas’ medical cannabis program , which was initially approved by voters back in 2016. A Deep Dive Into Cannabis Consumer Data. The study will also explore the effects of the ongoing COVID-19 pandemic on the state’s program.

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Does Legal Cannabis Increase Your Home’s Value? This Data Says So

Cannabis Law Report

According to research by real estate data company, Clever , property values rose by $17,113 more in states where recreational cannabis is legal, compared to states where it’s illegal or just legal at the medicinal level. In 2021, average home values increase by $470 for every $1 million increase in overall tax revenue from cannabis. .

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RYAH Group Ships Devices for Use in Pilot Program with Medicann in Jersey, Channel Islands

Cannabis Law Report

TORONTO, June 23, 2021 (GLOBE NEWSWIRE) — RYAH Group, Inc. In addition to the pilot program, the parties are working toward an exclusive, definitive supply and distribution agreement, which, if entered into, is expected to position Medicann as the sole supplier and distributor of the RYAH Smart Dry Herb Inhalers in the region.

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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

Since 2014 when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. As of December 2021, states reported a combined total of $10.4 Colorado has a robust medical program, with about 1.6% As of November 2021, $471.9

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The Week in Weed: May 7, 2021

The Blunt Truth

Also this week, another bipartisan, bicameral group introduced the Marijuana Data Collection Act. The second would expand the state’s medical marijuana program, and the third would reduce penalties for possession of some concentrates. supreme court. One would decriminalize marijuana possession. and finally.

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Alert: Nevada Cannabis Compliance Board – CCB/DoT Release Annual Cannabis Taxable Sales Data Now Published

Cannabis Law Report

CCB/DoT Release Annual Cannabis Taxable Sales Data. During Fiscal Year 21 (July 1, 2020 – June 30, 2021), licensed adult-use cannabis retail stores and medical dispensaries generated $1,003,467,655 in taxable sales. The DoT is responsible for the fair, efficient, and effective administration of tax programs for the State of Nevada.