Finance

Image: WeedWorthy.com

The Government Could Make a Buttload of Tax Cash off of Legal Marijuana – Marijuana News

As more and more states legalize marijuana for medical and recreational use, federal state and local governments are in for a tax bonanza, according to a new pair of reports from the nonprofit Tax Foundation.

Image: ErgoSum88 via Wikimedia Commons

Colorado pot shops have already sold $270 million of marijuana in 2016 – Marijuana News

In the first three months of 2016, Colorado pot shops sold more than $270 million in cannabis and related products, according to new figures from the state Department of Revenue.

Image: Mark Boster, Los Angeles Times

This California desert town is experiencing a marijuana boom – Marijuana News

As the first city in Southern California to legalize large-scale medical marijuana cultivation, Desert Hot Springs has been inundated by marijuana growers and developers.

Did Walgreens just flip the script on a pharmacy’s medical marijuana stance? – Marijuana News

Walgreens, the largest drug retailing chain in the U.S. with more than 8,000 stores in all 50 states, is now tackling the subject of medical marijuana.

4/20 celebrations in Golden Gate Park, 2013. Image: The560k via Wikimedia Commons

High and Mighty Report: U.S. Cannabis Retail Sales Exceeded $37.5 Million on 4/20 – Marijuana News

Total U.S. cannabis retail sales on the festive occasion exceeded $37.5 million, marking an almost 30 percent spike in retail transactions since last year’s 4/20 bonanza.

File image: WeedWorthy.com

Marijuana companies join forces to expand beyond state lines - Marijuana News

DENVER — Normally, when a company based in one state wants to sell products in another state, it starts calling truckers. For Strainz, a Las Vegas marijuana company, it was more complicated.

Image: MediaPost.com

Calif. Cannabis Delivery Service Launches Ad Blitz – Marijuana News

Emphasizing the need to honor California’s farmers and their unique challenges, The California Way advertising blitz is supplemented by digital ad placements on Facebook, Twitter and Instagram.

Image: MerryJane.com

The Plight to End Stoner Culture and Make Cannabis Mainstream – Marijuana News

Is cannabis the next Internet? That's the bold claim made by Canada-based Tokyo Smoke CEO Alan Gertner.

Green entrepreneur Osiris Santos. Image: Ryan Orange, LA Weekly

Here’s Who’s Likely to Reap the Benefits of Recreational Marijuana in California – Marijuana News

To hear Troy Dayton tell it, California is on the brink of a gold rush — or, more specifically, a green rush. While insiders are working behind the scenes to put the question of recreational marijuana to voters on the November ballot, investors and business owners throughout the Golden State are getting ready to jump into the recreational pot business.

Graphic: Statista via Fool.com

1 Stunning Infographic Shows Just How Large Marijuana Has Become – Marijuana News

Comparing legal marijuana sales to the annual revenue of nine popular food and beverages brands proves to be no comparison at all.


WeedLife.com