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Arizona Recreational Marijuana Sales Hit A New Record In March, State Reports
“The legalization of cannabis in Arizona has been a boon for our economy and the state tax coffers.” By David Abbott, Arizona Mirror Medical marijuana sales in Arizona continued to slide in March, dropping for the fifth consecutive month as recreational adult-use...
States Have Collected More Than $10 Billion In Adult-Use Marijuana Tax Revenue, Report Finds
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.
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
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
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
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,...
22 Cannabis Leaders Who Will Shape the Industry in 2022
Make no mistake: 2022 will be a pivotal year in cannabis. We are (cautiously) emerging from the pandemic as a stronger industry. The chaotic past two years tested cannabis’s recession mettle, and we proved remarkably durable. According to analytics firm BDSA, 2021 saw...
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