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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. This will be the second round of funding to be issued through the state’s Restore, Reinvest, and Renew (R3) program, which was established under Illinois’s adult-use cannabis legalization policy.

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Does Legal Cannabis Increase Your Home’s Value? This Data Says So

Cannabis Law Report

According to research by real estate data company, Clever , property values rose by $17,113 more in states where recreational cannabis is legal, compared to states where it’s illegal or just legal at the medicinal level. Clever combined data from Zillow, the U.S. Education programs. Administrative costs of initiating new laws.

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Researchers To Investigate Arkansas’ Medical Cannabis Program

Veriheal

The NIDA-funded investigation will delve into the health-related repercussions of Arkansas’ medical cannabis program , which was initially approved by voters back in 2016. A Deep Dive Into Cannabis Consumer Data. The study will also explore the effects of the ongoing COVID-19 pandemic on the state’s program.

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Canada: Ottawa has lost control of veterans’ medical cannabis program, audit finds

Cannabis Law Report

Ottawa has lost control of veterans’ medical marijuana program, audit finds. Collection of data and trends to inform policy. The result: Veterans Affairs spent more than $150 million on medical marijuana last year — more than on all other prescription drugs combined. Read full report. April 2022. Background.

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RYAH Group Ships Devices for Use in Pilot Program with Medicann in Jersey, Channel Islands

Cannabis Law Report

Medicann is launching an observational study using RYAH Smart Dry Herb Inhalers in order to collect patient feedback on consumption of cannabis strains available on the Island, including strains supplied by Aurora Europe , a subsidiary of Canadian-headquartered Aurora Cannabis Inc., to reach 3.2 billion euros ($3.75 billion) by 2025.

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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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Gov. Newsom’s Budget Trailer Bill Makes Significant Reforms to California Cannabis Laws, Including Elimination of the Cannabis Cultivation Tax

Cannabis Law Report

Gavin Newsom signed budget trailer bill Assembly Bill 195 (AB-195) into law. AB-195 contains several significant reforms to California’s cannabis laws. The bill also places the obligation to collect and remit excise tax on cannabis retailers, rather than on distributors, beginning January 1, 2023. Andrea Golan.