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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. Read full report.

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Clark County Sheriff’s Office says no to cannabis revenue

Cannabis Chronicles

If the Clark County Council moves forward and lifts its ban on recreational cannabis businesses in unincorporated areas, it’s expected to generate hundreds of thousands of dollars in additional revenue from taxes on the drug. million in taxes and fees were collected from cannabis businesses for fiscal year 2018, up from the $319.1

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Recreational Marijuana: Effects on Teen Use

CannaMD

2020 was yet another watershed year for cannabis legalization, with more and more states voting to legalize medical and/or recreational marijuana. In states such as California, Colorado, and Washington, recreational marijuana has now been legal long enough for researchers to understand its effects on cannabis use among underage consumers.

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These Top Valuable Cannabis Companies are Worth a TON

Veriheal

Yahoo Finance has compiled a list of the most valuable cannabis companies in the world and has explained that the recreational market is “outpacing” the medicinal one as the “world public opinion towards the consumption of weed is changing.” billion in 2014 to $20.6 Harvest Health & Recreation Inc.: $1.7 billion in 2020.”

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Ohio Could Get an Inflow of Tax Revenue if Recreational Cannabis Is Legalized

Veriheal

It was during late August that Ohio approved an initiative for recreational cannabis legalization. Titled “ An Act to Control and Regulate Adult Use Cannabis, ” the measure’s approval means that the group can now proceed with their signature-collecting mission. Gathering Signatures for Cannabis.

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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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Thursday 14 February – State By State Digest: Alasaka, Colorado, Florida

Cannabis Law Report

Alaska Crime Bill May Need Exemption to Keep Recreational Marijuana Industry Legal. Colorado Reports $6 Billion In Cannabis Sales Since 2014. Colorado regulators say more than $6 billion in marijuana products have been sold since 2014 in the state. The state collected $266.5 In 2018, sales increased about 2.5