11 Aug 2018

Pennsylvania Auditor’s Report Says Marijuana Legalization Would Yield Over $500 Million in New Annual Revenue

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Pennsylvania Auditor’s Report Says Marijuana Legalization Would Yield Over $ 500 Million in New Annual Revenue | NORML

HARRISBURG, PA — A fiscal report issued by the state’s Auditor General estimates that taxing Pennsylvania’s existing retail cannabis market would yield $ 581 million in new annual revenue. The report estimates that just under 800,000 Pennsylvanians are currently using cannabis. Statewide polling finds that a majority of voters endorse legalizing and regulating its use by adults. “The benefits of regulating […]

Pennsylvania Auditor’s Report Says Marijuana Legalization Would Yield Over $ 500 Million in New Annual Revenue | The Daily Chronic

The Daily Chronic

16 Jan 2018

Colorado DHS Announces Public Health Interventions Funded by Marijuana Tax Revenue

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Colorado DHS Announces Public Health Interventions Funded by Marijuana Tax Revenue | Drug Policy Alliance

DENVER, CO — The Colorado Department of Human Services (CDHS) this week announced 12 total awards to communities to support behavioral health and law enforcement partnerships in collaboration with CDHS’ Office of Behavioral Health. The awards will fund two distinct initiatives—Co-Responder Programs and Law Enforcement Assisted Diversion (LEAD). Eight communities will implement Co-Responder Programs designed to divert […]

Colorado DHS Announces Public Health Interventions Funded by Marijuana Tax Revenue | The Daily Chronic

The Daily Chronic

21 Jul 2017

Colorado’s Tax Revenue From Legal Marijuana Is Over Half-Billion Dollars

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Colorado’s Tax Revenue From Legal Marijuana Is Over Half-Billion Dollars | NORML

Revenues from Colorado’s legal cannabis industry have surpassed over a half-billion dollars since retail sales began on January 1, 2014. According to an analysis by VS Strategies, cannabis-related taxes and fees have yielded $ 506,143,635 in new state revenue over the past three and one-half years. Local tax revenue was excluded from the analysis. Much of […]

Colorado’s Tax Revenue From Legal Marijuana Is Over Half-Billion Dollars | The Daily Chronic

The Daily Chronic

20 Jul 2017

Colorado Has Earned Over $500 Million in Marijuana Revenue Since Legalization

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Colorado Has Earned Over $ 500 Million in Marijuana Revenue Since Legalization | TJ Baker

DENVER, CO — Since legal, regulated marijuana sales to adults began in 2014, Colorado has received more than half a billion dollars in marijuana-related revenue, including taxes and fees, according to an analysis of state data released Wednesday by Denver-based VS Strategies. Since 2014, Colorado has imposed a 15% excise tax on wholesale transfers of marijuana […]

Colorado Has Earned Over $ 500 Million in Marijuana Revenue Since Legalization | The Daily Chronic

The Daily Chronic

18 Oct 2016

Report: Tax Revenue From Retail Marijuana Sales Exceeds Expectations

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Report: Tax Revenue From Retail Marijuana Sales Exceeds Expectations | Paul Armentano

Tax revenue collection from retail marijuana sales in Colorado, Oregon, and Washington is exceeding initial projections, according to a new report published by the Drug Policy Alliance. Marijuana-related tax revenue in Colorado totaled $ 129 million over the 12-month period ending May 31, 2016 – well exceeding initial estimates of $ 70 million per year, the report […]

Report: Tax Revenue From Retail Marijuana Sales Exceeds Expectations | The Daily Chronic

The Daily Chronic