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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. Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. Here’s what they say.

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Featured Cannabis Brand: AZ Nectar Farms

Kind Meds (Cannabis Education Blog)

Just as every cannabis user is different, the unique characteristics of the company producing your flower or concentrates can drastically affect the quality of the cannabis and the experience you’ll have with the product. Concentrates, we’d like to showcase one of our favorites for this month’s brand feature: AZ Nectar Farms.

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Cannabis laws in South Carolina

The Cannigma

Back when the US was still a collection of colonies under British rule, South Carolina had a booming industrial hemp industry. Possession of an ounce or less of cannabis flower, hash, or concentrates is a misdemeanor, punishable by up to 30 days in jail and $200 for a first offense and one year in jail and/or $2,000 for subsequent offenses.

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The Status of Cannabis Legalization in the South

Cannabis Law Report

The law provides for up to 12 cultivator licenses, up to four processor licenses, up to four dispensary licenses, and up to five integrated facility licenses. The law provides for at least 20 to 40 dispensary licenses (there are currently 33) and four to eight cultivation facility licenses. There is no excise tax on medical cannabis.

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Colorado Reaches $10 Billion in Marijuana Sales

The Joint Blog

Colorado voters officially legalized marijuana in November, 2012 through the passage of a constitutional citizen’s initiative, and less than two years later – in 2014 – legal marijuana stores began opening their doors. ” The report notes that the state collected nearly $35 million in taxes and fees in January.

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40 Incredible Marijuana Statistics

The Herb Collective

From 1990-2014, there were 60 peer-reviewed studies on medical marijuana. The number of marijuana dispensaries that outnumber Starbucks locations in Colorado, alone is 3 to 1. Between 2008 and 2014 the National Institutes of Health spent $1.4 900 of those licenses were for dispensaries. billion in 2014.

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U.S. States with Legal Recreational Marijuana

The Herb Collective

Adults 21 and older can possess, transport, and purchase up to one ounce of marijuana or eight grams of concentrate. ounces of marijuana or concentrate. However, you can consume it in other methods, like concentrates. As of 2017, anyone 21 or older can purchase up to one ounce of marijuana or 1/8 of an ounce of concentrate.