The effort to legalize cannabis in New York received a huge boost when a state-conducted study had favorable things to say about cannabis legalization. This post from Green Flower shares the story in more detail. Momentum for cannabis legalization in New York State has never been greater, and efforts to make legalization a reality there received a huge boost last ... Continue Reading
marijuana tax revenue
3 States on Course to Legalize Cannabis In 2018
2 states are likely to allow recreational marijuana & another may legalize medical cannabis in 2018. In tis post from The Motley Fool, read about which 3 states are likely to take the leap. Going green has taken on a new meaning in the U.S. Thirty states plus the District of Columbia now allow legal use of medical marijuana. Eight of those states, along with D.C., also ... Continue Reading
Legal Cannabis Via Legislative Process in Vermont
Vermont will be the next US state to have legal cannabis, and the first to legalize recreational cannabis via the legislative process. Read more in this post from GreenCamp. The Senate of the state of Vermont passed a bill yesterday to allow free use of recreational cannabis, making it the first state on American soil to achieve legalization via the legislative process, unlike ... Continue Reading
Marijuana Tax Revenue Exceeds That from Alcohol in Colorado
Colorado’s marijuana tax revenue has reportedly exceeded the tax revenue generated from the alcohol industry, despite rumors of a thriving marijuana black market. This post from High Times discusses the reasons responsible for the difference in tax revenue generated from marijuana and alcohol. The state of Colorado, which is considered the forefather of the fully legal ... Continue Reading