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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. FULL REPORT : [link].

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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. Colorado (pop.

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

Cannabis Law Report

Quietly published this week, the audit’s results come amid an explosion in the number of veterans seeking reimbursement for their medical pot, from around 100 in 2014 to more than 18,000 last year — with no end to the surge in sight. Collection of data and trends to inform policy. Executive Summary. Background.

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Federal Hemp CBD Policy Is Taking Shape: How Will Products Be Tested and Labeled?

Canna Law Blog

Last week, the Food and Drug Administration (FDA) submitted a CBD enforcement policy to the White House. In my last post, I summarized the FDA’s current enforcement policy and briefly discussed the FDA’s recently released guidance for drug manufacturers interested in cannabinoid research. appeared first on Harris Bricken.

Policy 61
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Legal Cannabis Brought States $8 Billion in Taxes

Cannabis Law Report

In a large-scale study led by the Marijuana Policy Project, the organization compiled information from all 19 states that legalized recreational marijuana, as well as Washington D.C. In just 11 states and a few years at most—as cannabis sales began in 2014 in Colorado and Washington for the first time in the U.S.—legal

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New Analysis Shows Tax Revenue From Cannabis In The Billions

SpeedWeed

The recently published research, which comes courtesy of the Marijuana Policy Project , found that, as of this month, “states reported a combined total of $7.9 That reported figure includes the states of Colorado and Washington , where voters passed legalization measures in 2012 and where sales began in 2014.

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Cannabis Freedom Alliance Publish Their Inaugural Monthly Newsletter

Cannabis Law Report

The Cannabis Freedom Alliance (CFA) will take this opportunity to provide you each month with relevant news, policy, and legislative updates on how CFA and its members are marching towards the goal of ending cannabis prohibition. A new report from the Marijuana Policy Project shows that states have collected $7.9

Policy 119