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Michigan Collects $271 Million In Cannabis Tax Revenue Since 2019

Michigan Collects $271 Million In Cannabis Tax Revenue Since 2019

by InfluencER | Jan 10, 2022 | Sales and Operations

As the cannabis industry expands, Michigan can expect greater tax revenue. Since 2019, the state has collected about $271 million in adult-use marijuana tax revenue, a website called The Center Square reports: In March 2021, the Michigan Treasury described...
States Have Collected More Than $10 Billion In Adult-Use Marijuana Tax Revenue, Report Finds

States Have Collected More Than $10 Billion In Adult-Use Marijuana Tax Revenue, Report Finds

by InfluencER | Jan 7, 2022 | Sales and Operations

States that have legalized marijuana have collectively garnered more than $10 billion in cannabis tax revenue since the first legal sales started in 2014, according to a report released by the Marijuana Policy Project (MPP) on Thursday. The adult-use legalization...
Retail marijuana sales for adults 21 and older started in Montana on January 1, 2021.

Retail marijuana sales for adults 21 and older started in Montana on January 1, 2021.

by InfluencER | Jan 7, 2022 | Sales and Operations

The recreational cannabis market in Montana accumulated $1.5 million in sales in its first weekend, according to the state revenue department, reported helenair.com. With a statewide 20% sales tax on recreational cannabis, that opening weekend amounts...
How Accessibility Is Destroying The Legal Marijuana Industry In America

How Accessibility Is Destroying The Legal Marijuana Industry In America

by InfluencER | Jan 6, 2022 | Sales and Operations

Interesting story out of California last week where the marijuana industry is sending an SOS letter to the state government saying their legal industry is on the verge of collapse. The gist of the story is that higher taxes, not enough...
Aurora Cannabis Delivers Largest Shipment to Israel

Aurora Cannabis Delivers Largest Shipment to Israel

by InfluencER | Jan 5, 2022 | Sales and Operations

In a press release sent out today, Aurora Cannabis Inc. announced that they have delivered a C$10 million shipment of medical cannabis to Israel, the company’s largest shipment to date and possibly the largest cannabis import in Israel’s history. Aurora Cannabis Inc....
Hundreds Of New York Municipalities Will Allow Marijuana Businesses As Opt-Out Deadline Passes

Hundreds Of New York Municipalities Will Allow Marijuana Businesses As Opt-Out Deadline Passes

by InfluencER | Jan 3, 2022 | Sales and Operations

With the passage of Friday’s deadline for New York municipalities to opt-out of allowing marijuana retailers and consumption sites in their jurisdictions, hundreds of cities, towns, and villages across the state will allow cannabis businesses to operate. However,...
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