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Europe’s Cannabis-Friendly Hotspots Could Trigger an Economic Shift 

Veriheal

These countries have the collective potential to spark economic transformation across the EU, which has been bludgeoned by financial downfalls since the COVID pandemic; GDP sunk 6.3% In Germany, legal recreational cannabis sales are slated to launch by the end of 2024. at the end of 2020. billion) by 2027.

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These 4 Newly Legal States Are Projected Earn an Annual $5 Billion

Veriheal

Collectively, the four aforementioned newly legal states are projected to earn $4.5 However, it’s important to note that — according to the Marijuana Policy Project — each applicant would be required to pay a fee of $3 million. Municipalities that permit recreational cannabis sales would also collect a 3% sales tax.

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Marijuana tax rates: a state-by-state guide

SpeedWeed

For more information, check out this bulletin on marijuana tax policy in Connecticut. Adult use retail: Virginia’s adult-use stores, which are scheduled to open in 2024, will collect a 21% state cannabis excise tax in addition to the statewide 5.3% He co-hosts The Hash podcast. Marijuana tax rates in Connecticut.