Jun 01 2023
There was $47 million in legal marijuana sold in May in New Mexico. According to the New Mexico Regulation & Licensing Department, there was $47.7 million in total marijuana sales in May, coming from 1,013,476 different transactions. This is more than the $46.07 million sold in April, and identical to the $47.7 million sold in …
Jun 01 2023
Legal marijuana stores in Nevada sold over $75 million in legal marijuana and marijuana products in March. There was $75,023,166 in marijuana sold in May, according to data released by the Nevada Department of Taxation. This is an over 10% increase from the $67 million sold in February. The state garnered $12,288,541 in taxes from the …
Jun 01 2023
Colorado Governor Jared Polis has signed legislation into law that prevents a denial of professional licenses and certifications based solely on a civil or criminal judgement regarding the consumption, possession, cultivation, or processing of marijuana. Senate Bill 265 was sent to Governor Polis last month after passing the Senate 32 to 1 and the House …
May 30 2023
Minnesota Governor Tim Walz has signed House File 100 into law, officially making Minnesota the 23rd state to legalize recreational marijuana. The governor’s signature on HF 100 means that starting August 1, those 21 and older in Minnesota will be allowed to possess up to two ounces of marijuana, eight grams of marijuana concentrates and …
May 25 2023
Maine legislation filed by Senator Joseph Baldacci would “remove all marijuana-related provisions from the Maine criminal code and expunge all convictions involving marijuana”. Senate Bill 1789 was filed last month and quickly assigned to the Senate Judiciary Committee and the House Judiciary Committee. The measure has now been reported out of the Senate Judiciary Committee …
May 24 2023
Legislation filed in the Maine Legislature would significantly increase the tax rate for legal marijuana sales. Filed by State Representative Matthew Moonen, Legislative Document 1946 has been assigned to the House Taxation Committee in the House and the Senate Taxation Committee in the Senate. The proposed law would increase the tax rate for marijuana sales …
May 24 2023
Oregon has made roughly $1 billion in tax revenue from legal marijuana, according to data released by the Oregon Liquor and Cannabis Commission. Since the start of legal marijuana sales in October, 2016, the state has made $952 million in tax revenue from the legal distribution of $5.6 billion worth of marijuana and marijuana products. …
May 23 2023
Legislation to legalize marijuana in Ohio has been given an official committee assignment in the House of Representatives. House Bill 168 was filed on May 8 by State Representative Jamie Callender along with 11 cosponsors. Interestingly Callender is a Republican, whereas all 11 cosponsors are Democrats. Today the measure received its first committee assignment – …
May 23 2023
According to data released by the California Department of Tax and Fee Administration, California Made $216 million in tax revenue from legal marijuana between January and April of this year. As of May 16 California made $216.2 million from the legal distribution of roughly $1.2 billion worth of marijuana and marijuana products including hash, tinctures …
May 23 2023
Last month legislation to make recreational marijuana legal in North Carolina was passed through its first reading and given a committee assignment in the House of Representatives. Since then, the bill has garnered 10 additional sponsors. House Bill 626 was filed on April 17 by State Representative Johnnie Autry along with three cosponsors. A little …
