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Massachusetts Marijuana Establishments Surpass $3 Billion in Gross Sales
Aggregate data recorded in Metrc by 216 Marijuana Retailers and 11 delivery businesses operating statewide showed that on May 14, $3,001,846,490 in gross sales had been generated since the first two adult-use retail stores on the East Coast opened for business on...
Colorado Sets New Record for Marijuana Tax and Fee Revenue in a Single Year
The Colorado Department of Revenue (CDOR) released November 2021 monthly marijuana sales figures and December 2021 marijuana tax and fee revenue figures and reports a new record for marijuana tax and fee revenue in a single year. In 2021, Colorado collected over $423...
California Marijuana Laws Entangling Tech Companies
Our Los Angeles marijuana business lawyers know it’s not only companies selling cannabis that are being caught up in the regulatory quagmire of state and federal marijuana laws. In recent months, there have been numerous reports of technology software companies...
Where the Cannabis Industry is Headed in 2022
Federal legalization of adult-use cannabis is still out there as potential, but ultimately, there are no guarantees that come with such a move. Further, even with legalization, the state-to-state variations in regulations for everything from cultivation standards to...
Michigan reaps $271M total marijuana revenue
Michigan has collected about $271 million in legal, adult-use marijuana tax revenue since 2019, according to a new report from the Marijuana Policy Project that analyzed tax revenue in states with adult-use cannabis since 2014. In March 2021, the Michigan Treasury...
Medical marijuana users brace for shortages as Montana’s recreational market opens
More than a year after voters approved legalizing marijuana for recreational use in Montana, anyone older than 21 can now walk into a dispensary and buy cannabis. That has medical marijuana user Joylynn Mane Wright worried. Wright lives in Prairie County, the state’s...
Michigan Collects $271 Million In Cannabis Tax Revenue Since 2019
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...
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