Featured Report Finds that States Collected Over $3.7B in Recreational Marijuana Tax Revenue Last Year by Sophia Vida April 08, 2022 2021 was a big year for recreational marijuana tax revenue in the U.S. A report from the Marijuana Policy Project (MPP) found that states had collected more than $3.7 billion in tax revenue from recreational cannabis sales. ...
Sector News Colorado Just Saw its Marijuana Revenue Pass $1 Billion by Sophia Vida June 13, 2019 Colorado revenue from marijuana sales just saw their two highest grossing months in May and April. Each month saw about $24 million in total state revenue from marijuana. April and May were the two highest grossing months in th...
Trends & Articles California’s Legal Marijuana Market Falls Short on Tax Revenue by Sophia Vida August 17, 2018 California state officials have announced that the state's tax revenue from its legal marijuana market did not meet expectations in the second quarter. The California Department of Tax and Fee Administration released figures fo...
Trends & Articles Colorado Just Hit A Marijuana Milestone by Sophia Vida July 20, 2017 It was a big week for the state of Colorado. The state, which was the first to legalize recreational marijuana, just made half a billion dollars in taxes and fees since legalizing recreational marijuana. According to VP Strateg...