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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. local sales tax on adult-use cannabis and has collected $237.5 million) | Tax rate: 37% at retail since July 2015; 6.5% The below figures do not count local sales tax revenues, which have been significant.

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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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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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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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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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Alaska’s Gov. Mike Dunleavy Issues Executive Order Establishing the Governor’s Advisory Task Force on Recreational Marijuana

Cannabis Law Report

Marijuana Moment report. A 13-member committee will study Alaska’s recreational marijuana taxes, fees and regulations. Mike Dunleavy (R) issued an executive order Wednesday establishing the Governor’s Advisory Task Force on Recreational Marijuana that will study the state’s seven-year-old marijuana industry.

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Cannabis Banking: All Businesses are Marijuana Related Businesses

Canna Law Blog

businesses are marijuana related businesses (MRBs). 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. In all, more than 145 million Americans now live in a state that has legalized marijuana. Allow me to explain.

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