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States Collect $3.7 Billion In Recreational Cannabis Tax Revenue In 2021 Says MPP Report

Cannabis Law Report

Marijuana Moment Report Thus. 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

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

Cannabis Law Report

With several states contemplating legalization of recreational marijuana, and federal lawmakers starting the process of federal descheduling , it is a good time to examine the tax implications of legalization. In 2021 alone, four states (Connecticut, New Mexico, New York, and Virginia) have passed bills to legalize.

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

Cannabis Law Report

Marijuana Moment has the story. Illinois has generated almost $100 million more in tax revenue from adult-use marijuana sales than from alcohol in 2021, state data shows. Part of that marijuana tax revenue is actively funding equity initiatives in the state. The figures.

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Marijuana Legalization on the Ballot in Arizona

MassRoots

Arizona voters will have a chance to cast a ballot in support of recreational marijuana this coming November. However, a recent survey showed that over 62 percent of likely voters now support legalizing cannabis, suggesting a recent change of heart in the Grand Canyon State. 207 will do more than simply legalize cannabis in Arizona.

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Marijuana Legalization Rundown: New Legislation Across Several States

Cannabis Law Report

There has been a recent flurry of movement – both in the courts and in state legislatures – on the marijuana law front across several states. As we have also reported , on March 31, 2021, New York Governor Andrew Cuomo signed a bill legalizing recreational cannabis in the state of New York, effective immediately.

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Connecticut Becomes the 20th Jurisdiction to Legalize Recreational Marijuana

The Blunt Truth

Seyfarth Synopsis: In the first six months of 2021, several states legalized marijuana for recreational and medicinal purposes, including New York, New Jersey, Virginia, and New Mexico. On June 22, 2021, Connecticut Governor Ned Lamont signed a bill that legalized recreational marijuana use by adults 21 years and older.

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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. Leo Caseria. Thomas Tyson.