Washington, DC: State and local excise tax collections on retail adult-use cannabis sales surpassed $1…
Topic: Marijuana Business
Tax revenue in Oregon from the sales of retail cannabis products is exceeding initial projections.
La Grange, IL: Regulating the adult use and sale of marijuana to adults would yield an estimated $525 million dollars in new annual revenue.
Regulating New Hampshire’s existing adult use cannabis market would yield as much as $58 million per year in new annual revenue.
A fiscal report issued by the state’s Auditor General estimates that taxing Pennsylvania’s existing retail cannabis market would yield $581 million in new annual revenue.
The state of New York would gain an estimated $434 million annually in new tax revenue under a regulated adult use marijuana market.
Cannabis retail facilities are associated with increased home values
Revenues from Colorado’s legal cannabis industry have surpassed over a half-billion dollars since retail sales…