The state of New York would gain an estimated $434 million annually in new tax revenue under a regulated adult use marijuana market.
Topic: Marijuana Business
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…
Taxing and regulating the marijuana market in Rhode Island will generate nearly $50 million in new annual tax revenue…
Retail sales of marijuana in Colorado totaled well over $1 billion in the first ten months of 2016 and are estimated to reach $1.3 billion by year’s end.
Tax revenue collection from retail marijuana sales in Colorado, Oregon, and Washington is exceeding initial projections…
Medical marijuana dispensaries in California sold over $844 million worth of cannabis-related products between April 2015 and March 2016.
Licensed retail facilities in Washington state have sold over $1 billion in marijuana flowers and cannabis-infused products since regulators began first permitting such sales two years ago.