Remove 2014 Remove Cannabis Remove Collective Remove Marijuana
article thumbnail

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

Cannabis Law Report

Marijuana Moment Report Thus. 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

article thumbnail

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. 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. billion in tax revenue from legal, adult-use cannabis sales. Here’s what they say.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Colorado marijuana sales fell to $145M in February

Cannabis Law Report

(The Center Square) – Marijuana sales in Colorado continued a downward trend in February totaling $145 million, according to the state’s latest market data. February marked the third consecutive month of declining marijuana sales following a record-breaking year in 2021, the Colorado Department of Revenue’s (CDOR) figures show.

article thumbnail

Canada: Ottawa has lost control of veterans’ medical cannabis program, audit finds

Cannabis Law Report

An internal audit by Veterans Affairs Canada suggests Ottawa has all but lost control as it shells out hundreds of millions of dollars for veterans’ medical marijuana each year without proper oversight, direction or evidence of health benefits. Ottawa has lost control of veterans’ medical marijuana program, audit finds.

article thumbnail

The State of Medical Marijuana in Florida: Navigating Dispensaries, Eligibility, and Legalization

MMJ Recs

Florida has been at the forefront of the evolving landscape surrounding medical marijuana in the United States. As the state continues to navigate the complexities of legalization, patients, dispensaries, and the cannabis industry are witnessing significant changes.

article thumbnail

Recreational Marijuana: Impact on Traffic Deaths

CannaMD

When it comes to marijuana legalization, one of the opposition’s main concerns is whether legal access to cannabis will increase the number of drivers who operate a vehicle in an impaired state. This is a valid concern. Their results may assuage some of these concerns. FACTORS INFLUENCING RESULTS. INADEQUATE TESTING.

article thumbnail

Cannabis Banking: All Businesses are Marijuana Related Businesses

Canna Law Blog

businesses are marijuana related businesses (MRBs). Over eight years ago, the Financial Crimes Enforcement Network published the FinCen Memorandum of February 14, 2014 (“FinCen Memo”). I’ve written that in cannabis years, the FinCen Memo is as old as dirt and reads like a relic of a bygone era. Legal cannabis sales in the U.S.

Banking 98