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

Cannabis Law Report

Legalizing cannabis for adults has been a wise investment. billion in tax revenue from legal, adult-use cannabis sales. billion in tax revenue from legal, adult-use cannabis sales. Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. Colorado (pop.

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United Cannabis Corporation v. Pure Hemp Collective, Inc., Case No. 1:18-cv-01922 (D. Colo.)

Cannabis Law Report

In 2018 United Cannabis Corporation (“UCANN”) filed the first cannabis patent infringement lawsuit against Pure Hemp Collective, Incorporated (“Pure Hemp”) in the United States District Court of Colorado. [1] Patent 9,730,911 (‘911) entitled “Cannabis Extracts and Methods of Preparing and Using Same.” [2].

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In legal weed states, employees are failing drug tests at record pace

The Cannigma

The number of employees testing positive for cannabis has soared over the past decade, especially in states with legal recreational marijuana, a recent report found. from 2012 to 2020 (from 2.2% “Our data suggest that marijuana positivity has increased sharply nationwide since states began to legalize marijuana in 2012.

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The Tax Foundation: States Projected to Post Higher Marijuana Revenues in 2021

Cannabis Law Report

Most of those states also apply their general sales tax to cannabis sales, and some allow localities to levy additional taxes. In total, states with licensed markets collected $1.7 State Marijuana Tax Collections Continue to Grow. Collections in States with Operational Markets in FY 2020 and FY 2021. oz cannabis plant.

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Paper: Racial Capitalism and the African American Experience Entering the Cannabis Industry By Dr. Ayoka Nurse

Cannabis Law Report

The current public policies in local and state cannabis ordinance and equity programs may enhance racial disparities if they follow the pattern of exclusion and criminalization that encompass past policies promoted as beneficial to African Americans but uphold racial capitalistic practices. Authored By: By Dr. Ayoka Nurse.

Policy 105
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Colorado may see its biggest overhaul of marijuana laws since recreational legalization – Cannabis Business Executive

SpeedWeed

They don’t make cannabis products like they used to, and there’s an increasing number of Colorado lawmakers who think that’s problematic. 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.

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New State Cannabis Office Debuts in Colorado

SpeedWeed

Colorado Governor Jared Polis announced the official launch of the Cannabis Business Office (CBO), which will manage multiple aspects of business owner support and social equity in the industry. Governor Polis said in a statement on July 28 that the new office will help improve the state’s already thriving cannabis industry.

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