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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 2022 adult-use cannabis sales surpass 1.55B

Illinois News Joint

The record-breaking month pushed Illinois’ sales totals for 2022 passed the 1.55 December total out-of-state resident sales reached $41,439,616.92, which finished only behind July 2022 total of $43,503,289.06. The 2022 sales totals of $1,552,324,820.37 2022 Totals: $1,552,324,820.37. billion mark at $1,552,324,820.37.

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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. 2022 total monthly sales include: January: $117,251,759.72 These figures do not include taxes collected. 2022 total monthly sales include: January: $117,251,759.72 February: $120,488,569.91

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Rhode Island Legalizes Cannabis for Recreational Use

The Blunt Truth

On May 25, 2022, Rhode Island Governor Daniel McKee signed “ The Rhode Island Cannabis Act ,” which grants adults aged 21 and older the right to possess and grow certain amounts of cannabis for recreational use. Retail sales are expected to begin as early as December 1, 2022.

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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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Idaho Marijuana Activists Launch Limited Legalization Campaign For 2022 Ballot

Cannabis Law Report

Idaho activists have filed a new measure to legalize marijuana possession for adults that they hope to place before voters on the 2022 ballot. Meanwhile, a separate campaign to legalize medical cannabis in the state is also underway, with advocates actively collecting signatures to qualify that measure. Read full report at .

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A Look Back at California Cannabis in 2022

Canna Law Blog

The year 2022 was a busy one for the California cannabis industry, with everything from tax reform to the beginning of enforcement. A few things happened in 2022 that indicate the agencies may be changing their approach. Under state law, CDTFA collected both a cultivation tax and an excise tax. California hints at enforcement?