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Washington state-licensed marijuana retailers sold an estimated $3.8 million in cannabis products in July, the first month during which such sales were allowed under state law.
Here's just a few of the estimates from Oregon's Legislative Revenue Office if they legalize recreational weed this November: About 8% of the population, or ~322k Oregonians,
Here's the latest major medical marijuana news around the United States from the past week, as of August 06, 2014:
Florida could rake in big bucks in sales and tax revenue if Amendment 2 passes in November and medical marijuana becomes legal. State projections of sales range from $138 million to $5.6 billion. State projections of tax revenue range from $8.3 million to $338 million...
Seattle only has one legal pot shop. Washington weed went legal on July 8th and by the 10th, Seattle's Cannabis City retail store was completely sold out.
More than six out of ten Americans – including majorities of self-identified Democrats, Independents, and Republicans – support the regulation and retail sale of marijuana in Colorado, according to the findings of a nationwide HuffPost.com/YouGov poll released today.
Here's the latest major medical marijuana news around the United States from the past week, as of July 09, 2014:
It now looks extremely likely that the residents of the nation's capitol will vote in November on whether to legalize the possession and cultivation of small amounts of marijuana. Representatives of the DC Cannabis Campaign legalization initiative handed in some 58,000 signatures Monday morning, and they only need some 22,000 valid voter signatures to qualify for the ballot.
Desert Hot Springs, a southern California town plagued with crime and financial destitution is now considering the legalization of medical marijuana dispensaries. Their hope is that it can not only pull the town out of desperate times, but will also salvage their local police force with the use of pot taxes.
Proponents of a statewide Oregon initiative to regulate the commercial production and retail sale of marijuana have turned in 145,000 signatures to the Secretary of State’s office.
Legal marijuana businesses without bank accounts are unfairly assessed a 10 percent penalty on federal employee withholding taxes they are forced to pay in cash. And rather than waive the penalty for cash-only businesses paying the tax on time, the IRS advised the companies to avoid the assessment by using techniques that amount to money-laundering.
Here's the latest major medical marijuana news around the United States from the past week, as of July 2, 2014:
The National Cannabis Industry Association's (NCIA) Cannabis Business Summit, which brought more than 1,200 registrants to Denver, Colorado...
It’s been exactly six months since legal retail marijuana sales began in Colorado, and today is the first day that retail marijuana business licenses are open to all applicants — not just those who previously held medical marijuana licenses.
A ballot measure to legalize recreational marijuana in Oregon will be on November's ballot after supporters collected more than 100,000 signatures...
Colorado overtaxes marijuana and is engaging in criminal activity by taxing something that is federally a crime, a "registered issue committee" called No Over Taxation claims in state court.
Colorado recorded its biggest recreational marijuana tax haul yet in April, topping more than $3.5 million in sales and excise taxes on over $22 million in revenue.
VIP Cannabis' three retail marijuana stores and three growing operations in Denver are now up for auction on the internet over the next few weeks, after the DEA seized the facilities to pay for back taxes.
