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States Collected More Than $3.7 Billion In Recreational Marijuana Tax Revenue In 2021, Report Finds
States that have legalized marijuana for adult use collectively generated more than $3.7 billion in tax revenue from recreational cannabis sales in 2021, a report from the Marijuana Policy Project (MPP) that was released on Wednesday found. That’s a 34 percent...
Legal Marijuana States Have Generated Nearly $8 Billion In Tax Revenue Since Recreational Sales Launched, Report Finds
States that have legalized marijuana for adult use have collectively generated nearly $8 billion in tax revenue from cannabis since legal sales first began in 2014, according to a new report from the Marijuana Policy Project (MPP). The analysis examined the tax...
How PrestoDoctor is Revolutionizing Medical Cannabis Telehealth
Nowadays, it seems like almost every appointment and meeting is virtual. While the ease and convenience of platforms like Zoom have transformed everything from education to healthcare since the beginning of the COVID-19 pandemic. For Rob Tankson, a former Wall Street...
Delaware Medical Cannabis Market Grows Amid Possible Adult-Use Legalization
Delaware’s heavily regulated $30 million medical marijuana market is poised to double the number of vertically integrated operators from three to six at a time when prospects for adult-use legalization also are brightening at the state capitol. The state,...
Massachusetts Cannabis Retailers Can Now Sell Hemp Products: What Retailers Need To Know
The Massachusetts Cannabis Control Commission recently voted to issue Guidance for the Retail Sale of Hemp to clarify requirements and restrictions on the retail sale of certain types of hemp products by licensed adult-use marijuana retailers to eligible consumers....
Bright Green Corporation to build $300M high-tech cannabis manufacturing and research facility in New Mexico
Rural New Mexico will soon be the home to one of the nation’s largest cannabis manufacturing and research facilities, – a $300 million investment in a state-of-the-art agricultural ecosystem on company-owned property in Grants, New Mexico, embracing the latest...
Canada’s Retail Cannabis Sector Growing Despite Challenges
It’s been about a year since the historic legalization of cannabis came into effect in Canada, and the retail segment for marijuana is still finding its footing. The cannabis retail space in Canada has faced hurdles since its launch. As industry experts and analysts...
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