The marijuana sales numbers in Colorado continue to build even after 18 months of the January 2014 launch of recreational sales. How long will they keep climbing higher? This post from The 420 Times reports that marijuana sales in Colorado topped $100M in August. Colorado’s pot sales top out at over $100 million for the first time in August since recreational retailing ... Continue Reading
marijuana sales
All You Need to Know About Recreational Marijuana Sales in Oregon
Your questions on recreational marijuana answered here, in time for the official sale beginning in Oregon on Oct. 1st from state-approved medical marijuana dispensaries. This post from OPB clears the air on legal sale of recreational marijuana in Oregon. Recreational marijuana has been legal throughout Oregon for a few months now. While residents could use it, purchasing ... 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
Washington Marijuana Industry Rakes in Money for the State
This post from Marijuana Policy Project blog highlights the remarkable tax revenues generated by the Washington marijuana industry. This legal industry has also created new jobs and reduced the profits of criminals. Voters in Washington made marijuana legal for adults in 2012, but they could not purchase marijuana in regulated retail stores until mid-2014. Since then, the ... Continue Reading
Legal Weed in Washington – The Year Gone by
This post from abc7chicago.com takes a look at the state of legal weed in Washington, a year after stores opened on July 8, 2014. Washington launched its second-in-the-nation legal marijuana market with just a handful of stores selling high-priced pot to long lines of customers. A year later, the state has about 160 shops open, tax revenues have soared past expectations and ... Continue Reading