Marijuana-related tax revenue in Colorado totaled $129 million over the 12-month period ending May 31, 2016 – well exceeding initial estimates of $70 million per year. In Washington, tax revenue totaled $220 million for the 12-montyh period ending June 30, 2016. Regulators had initially projected that retail sales would bring in $162 million in new annual tax revenue. In Oregon, marijuana-related tax revenues are yielding about $4 million per month – about twice what regulators initially predicted.
Tag: Washington
Several marijuana law reform bills were signed into law this week. Click here for the latest updates!
Legislative sessions around the country are moving quickly with several already coming to a close. It’s important to stay updated on pending measures in your state because NOW is the time to contact your elected officials using our #TakeAction Center urging their support for marijuana law reform. Click here to get this week’s latest legislative highlights!
Plenty of marijuana law reform legislation was introduced in state legislatures across the country this week! We have news out of Georgia, Kansas, Maryland, New Hampshire, Utah and Washington. Plus some news from abroad! Click here to get the latest news in marijuana law reform from this week.
While Thanksgiving is cutting the work week short for many, there is no shortage of legislative news in marijuana law reform. Click here to find out what new developments have taken place in the past week related to marijuana!
New data released by the Washington, D.C. police indicate that there has been a massive reduction in marijuana-related arrests in the nation’s capital post-prohibition. Astoundingly, there has been almost a 100% decrease in marijuana arrests in just one year after 70% of the District’s voters chose to end marijuana prohibition.
State taxes specific to the production and retail sale of marijuana totaled some $70 million in Colorado over the past year — nearly twice the amount collected for alcohol during this same period.
Changes in marijuana laws are not associated with increased use of the substance by teens, according to data compiled by Washington’ Healthy Youth Survey and published by the Washington State Institute of Public Policy.
