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State of the States: 2020 Ballot Initiative Efforts

NORML

Unfortunately for marijuana reform, what began with at least a dozen states optimistically working to qualify state level ballot initiatives in advance of the November 2020 election, has slowly dwindled to a number that can be counted on one hand. Below is an overview of key 2020 ballot initiative efforts and where they stand now.

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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. 46,104,922. 104,759,961.

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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.

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MJ Biz : Oakland sends social equity marijuana licensees to collections over unpaid loans

Cannabis Law Report

Marijuana regulators in Oakland, California, have begun referring a handful of social equity licensees to the city’s collections department after they defaulted on loans intended to help get their companies started. MJ Biz report. According to a report shared with the Oakland Cannabis Commission on Oct.

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And the Winner of the 2020 Election Is…Weed!

The Blunt Truth

Meanwhile in Montana , voters narrowly passed Initiative 190 and Initiative 118 which collectively will permit the use, production and sale of marijuana to adults ages 21 or older. Washington, D.C., also approved measures aimed at decriminalizing psilocybin mushrooms and other psychedelic plants.

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Veriheal’s Innovation in Cannabis Scholarship 2020 Winners

Veriheal

It brings us great pleasure to present the 10 winners of Veriheal’s Innovation in Cannabis Scholarship 2020. Veriheal’s Innovation in Cannabis Scholarship 2020 Winners . Program between St. Nishtha Tripathi. Essay: “Integrating Research and Medicine: Cannabis Related Treatment for Neurodegenerative Diseases”.

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Senate Coalition Urges SBA to Support Small Cannabis Businesses

NORML

States collected an estimated $1.3 Consequently, small businesses in states with some form of legal cannabis must choose between remaining eligible for SBA loan programs, or doing business with a rapidly-growing and legal industry. billion in tax revenue from legal cannabis sales in 2018.

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