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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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Study Finds No Evidence Legal Medical Cannabis Increases Youth Marijuana Use • High Times

SpeedWeed

A study of data from across the country has found no evidence that the legalization of medical cannabis and the establishment of dispensaries encourages marijuana use by young people. Lower Cannabis Use Among 9th Graders. Activists React To New Study.

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Cannabis Banking: All Businesses are Marijuana Related Businesses

Canna Law Blog

businesses are marijuana related businesses (MRBs). I’ve written that in cannabis years, the FinCen Memo is as old as dirt and reads like a relic of a bygone era. Department of Justice on “Marijuana Related Financial Crimes” was rescinded in 2018 , the FinCen Memo has been the only game in town for federal banking guidance.

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One Marijuana Arrest Occurs Every 58 Seconds

CannaMD

You might think that cannabis legalization would lead to a significant decrease in marijuana-related arrests, but that hasn’t been the case. Not only did marijuana arrests initially increase as states legalized the plant, but there are still more people arrested for marijuana possession than for all violent crimes combined.

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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. Opponents of the movement, however, allege that legalization will result in increased marijuana use among teenagers. Underage Marijuana Use Statistics. California.

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Main Street Marijuana near $100 million in sales

Cannabis Chronicles

Downtown Vancouver’s Main Street Marijuana has consistently held an unbeatable lead as the state’s highest-selling recreational cannabis store, and it’s quickly approaching a major milestone: passing $100 million in total lifetime sales. According to a board report, the state took in $319 million in marijuana revenue in 2017.

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Study finds cannabis use reaches ‘historic highs’ among college students

The Cannigma

College-aged adults are using cannabis at the highest rates since the 1980s and daily use has increased dramatically in just the past five years, according to a new study. The 2020 Monitoring the Future (MTF) Panel Study found that 44% of college students reported using cannabis in 2020, compared to 38% in 2015.