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The Cannabis Catch-Up: Colorado’s Weed Tax Revenue Surpasses $1 Billion

Colorado has surpassed $1 billion in tax revenue from marijuana sales since recreational use was legalized in 2014. Marijuana tax, license and fee revenue has reached .02 billion, and marijuana.

Cannabis is likely to sell for ~$9.50/gram retail and ~$5/gram wholesale (with the difference being taxes. $90+ Billion Market" (free to access through my Authors’ Picks), I provided this chart.

[Dana Goodyear, the New Yorker] February 1: A 6-year-old Texas girl became the first person in the Lone Star State to receive medical marijuana. The state instituted a strict medical marijuana program.

DENVER — As more and more states begin legalizing marijuana, Sales reports released by the Colorado Department of revenue show dispensaries sold more than $114.3 million in recreational marijuana in March, a record number.. Colorado surpasses $1B in pot tax revenue since legalization.

Taxes from cannabis sales in Colorado go toward the state’s general fund, as well as education and healthcare, including mental health services and youth prevention programs. This video, "Colorado.

It also gives cannabis-vendor preference to minority owners and promises 25% of tax revenue from marijuana sales. once established, taxation of marijuana could generate $800 million to $1 billion a.

The momentum behind marijuana legalization has been practically. 64 in California should open the door for an additional $1 billion in annual tax and licensing revenue for the state, while in.

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Colorado just reached $1 billion in total marijuana state revenue. total marijuana sales have surpassed $6.5 billion since the state legalized cannabis in 2014.. It's creating tens of thousands of jobs, tax revenue for the state, filling up.

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opened in 1992 – the state is now at the forefront of marijuana cafes: Already in San Fran, they open in West Hollywood this summer. The state, which has a program to ensure jobs and tax revenues are.

 · Colorado surpasses last year’s marijuana revenue with two months still to go. Tax collections jumped 12.7 percent or about $23.1 million from September to October. The jump pushed the state over the $193.6 million collected last year. From January through September 2017, Colorado’s cannabis companies did $1.16 billion in sales, according to an estimate from The Cannabist.

US Court Stays Man’s Execution To Allow For Buddhist Advisor – SAKAI BBS BLOG A criminal court in Bangkok on Thursday sentenced a former Thai Buddhist monk who provoked outrage with his lavish lifestyle to 114 years in prison for fraud, money laundering and computer crimes.

Is Pot Losing Its Buzz in Colorado? A backlash is growing in a state where marijuana has quickly become a $1 billion legal business. The state legislature is trying to play catch-up. Last year it.

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