Tag: legal cannabis

Colorado: Over $14 Billion in Marijuana Sold, $2.4 Billion in Taxes Since 2014

Since the start of legal marijuana sales in 2014, Colorado has sold an eye-opening $14 billion in legal marijuana and marijuana products. In total Colorado (the nation’s 21st most populated state) sold $14.3 billion in marijuana between January, 2014 and March, 2023. These sales have resulted in $2,414,242,457 in new tax revenue for the state. …

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On 4/20 Eleven Years Ago There Were 0 Legal Marijuana States, Now There’s 21

11 years ago today – on 4/20, 2012 – there was not a single state in the US that had legalized recreational marijuana. Fast forward to today and people in 21 states are enjoying legal marijuana this 4/20, with Delaware poised to become the 22nd legal marijuana state by the end of the month. This …

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Report: Legal Marijuana Will Add $100 Billion to US Economy in 2023

The economic impact generated by marijuana in states where it’s legal is expected to top $100 billion in 2023, up more than 12% from 2022. This is according to the MJBiz Factbook 2023, an annual report conducted by MJBizDaily, one of the most trusted sources within the marijuana industry. The report found that the economic …

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$250 Million in Legal Marijuana Sold in Michigan in March, New Monthly Record

There was roughly $250 million in legal marijuana sold in Michigan in March, the highest single-month since the start of legal recreational marijuana sales in late 2019. In total Michigan marijuana stores sold $249,674,216 worth of marijuana and marijuana products in March, according to the Cannabis Regulatory Agency Monthly Report. This marks a roughly 15% …

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Nevada Garnered $649 Million in Marijuana Taxes Since Start of Legal Sales, $3.5 Billion Sold

Nevada has garnered just shy of $650 million in marijuana taxes since legal sales began in July of 2017. In total Nevada made $649 million in taxes from the legal distribution of $3,595,065,939 worth of marijuana and marijuana products. This is according to data released by the Nevada Department of Taxation, and including sales information …

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