ANCHORAGE (KTUU) - Tax dollars from Alaska’s new marijuana industry have finally begun flowing into state coffers, with the first cash payments from pot businesses being made in Anchorage this week.
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ANCHORAGE (KTUU) - Tax dollars from Alaska’s new marijuana industry have finally begun flowing into state coffers, with the first cash payments from pot businesses being made in Anchorage this week.
LANSING — A fully developed legal market for medical marijuana in Michigan could lead to millions of dollars in new state tax revenue.
LANSING — A fully developed legal market for medical marijuana in Michigan could lead to millions of dollars in new state tax revenue.
Oregon medical marijuana dispensaries have sold an estimated $102 million in recreational cannabis since January, when the state imposed a 25 percent sales tax on pot.
Nearly $60 million worth of recreational marijuana was sold in Oregon during the first five months of taxed sales, according to estimated figures released Wednesday by the state.
Marijuana is legal to buy in several states, but no law says that selling it will be free from cumbersome expense and paperwork, especially when it comes to taxation.
A marijuana legalization campaign is nearing its goal of gathering 150,000 valid signatures to get on the November ballot. The initiative would ask Arizona voters to legalize marijuana for recreational use and establish a network of licensed cannabis shops where sales of the drug would be taxed.
A marijuana legalization campaign is nearing its goal of gathering 150,000 valid signatures to get on the November ballot. The initiative would ask Arizona voters to legalize marijuana for recreational use and establish a network of licensed cannabis shops where sales of the drug would be taxed.
Colorado voters Tuesday overwhelmingly approved a statewide ballot measure that gives state lawmakers permission, once again, to spend $66.1 million in taxes collected from the sale of recreational marijuana.
Kate Smith ~ Bloomberg ~
Washington State expects marijuana sales taxes to bring in more than $1 billion over the next four years, according to a budget forecast published by the Office of Financial Management.
Legal marijuana tax revenues have been breaking records in Colorado this summer, nearly doubling monthly numbers from last year and on pace to exceed projections of legal sales that bring revenue back to the state.
Jonah Bennett ~ The Daily Caller ~
No state has ever generated more tax revenue from marijuana than alcohol—until now.
Bruce Kennedy ~ WeedWorthy ~
Dispensary CEO Ryan Fox says the unprecedented, one-time tax event means wide-ranging deals that should put patrons at The Grass Station’s two locations in a celebratory mood.
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