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

Cannabis Law Report

Illinois has generated almost $100 million more in tax revenue from adult-use marijuana sales than from alcohol in 2021, state data shows. Illinois Collects Nearly $100 Million More From Marijuana Tax Revenue Than Alcohol In 2021, State Data Shows. Marijuana Moment has the story.

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Richmond Compassionate Care Collective v. Koziol, et al., Case No. MSC16-01426

Cannabis Law Report

October 5, 2021. The case, Richmond Compassionate Care Collective v. MSC16-01426 (California Superior Court for the County of Contra Costa), involved a dispute between medical marijuana collectives in Richmond, California. By Leo Caseria & Thomas Tyson. Koziol, et al.

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The Tax Foundation: States Projected to Post Higher Marijuana Revenues in 2021

Cannabis Law Report

In 2021 alone, four states (Connecticut, New Mexico, New York, and Virginia) have passed bills to legalize. It includes the tax design, final revenue in fiscal year (FY) 2020 and estimated revenue for FY 2021, and revenue per capita generated in the same fiscal years. In total, states with licensed markets collected $1.7

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Polish Free Hemp Initiative collects 100,000 signatures in 2021

Cannabis Law Report

The Free Hemp Citizens’ Initiative, seeking to introduce a law decriminalizing the possession and cultivation of cannabis, has faced a… Read More.

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Santa Barbara: Board of Supervisors to hear update on cannabis tax collection

Cannabis Law Report

The Santa Barbara County Board of Supervisors will hear an update on cannabis tax collection in the last quarter of the fiscal year 2020-2021 during its regular meeting on Tuesday. During the last fiscal quarter that ended June 30, the county collected about $3.8 million in gross tax receipts paid by 58 operators.

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Canada generated in CA$1.5 billion in cannabis tax, profit in 2021-22

Cannabis Law Report

MJ Biz reports Various levels of the Canadian government collected more than 1.5 billion) in cannabis profit and tax revenue in fiscal 2021-22, according to recently released data by Statistics Canada. billion Canadian dollars ($1.12