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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 FULL REPORT : [link]. Read full report.

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Another strong month for Illinois recreational cannabis sales

Illinois News Joint

The Illinois Department of Financial and Professional Regulation announced recreational cannabis sales totals for May 2023. May totals reached $132,777,299.46, surpassing all other months, except March 2023 ($134,790,381.77) and July 2020 ($135,658,291.46). 2020 total monthly sales include: January: $39,247,840.83

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Cannabis laws in South Carolina

The Cannigma

Medical: Illegal Recreational: illegal Reciprocity: N/A. Back when the US was still a collection of colonies under British rule, South Carolina had a booming industrial hemp industry. A 2020 report found that South Carolina had the second-most cannabis arrests in the nation, only following South Dakota. Possible penalties.

Law 118
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2020 Colorado Cannabis Laws Update

Cannabis Law Report

2020 Colorado Cannabis Laws Update . On January 1st, two new marijuana laws went into effect in Colorado. While I recognize the market need for delivery services, I’m grateful that at the onset of recreational legalization Colorado began with a brick and mortar model. The second of Colorado’s new laws is House Bill 1230.

Law 59
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NJ Has Issued Citations To Seven Cannabis Companies Jan 2020 – April 2022

Cannabis Law Report

Blomberg write… Exclusive documents obtained by Bloomberg under New Jersey’s Open Public Records Act show that the state cannabis regulatory commission issued citations to seven companies from January 2020 through mid-April 2022, when marijuana sales broadened from medical to recreational.

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Illinois’ March cannabis sales 2nd highest since legalization

Illinois News Joint

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for March 2024. 2020 total monthly sales include: January: $39,247,840.83 2020 Totals: $669,084,410.12 These figures do not include taxes collected. 2020 total monthly sales include: January: $39,247,840.83

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Illinois Collects Nearly $100 Million More From Marijuana Tax Revenue Than Alcohol In 2021, State Data Shows

Cannabis Law Report

The trend is yet another example of the strength of Illinois’s recreational cannabis market , which launched in January 2020 and has consistently seen record-breaking sales in the months since. Illinois Collects Nearly $100 Million More From Marijuana Tax Revenue Than Alcohol In 2021, State Data Shows.