The government of Massachusetts has revealed that it is generating more tax revenues from its marijuana industry than its alcohol sector. The state disclosed that it made $74 million in the 2020–2021 fiscal year, whereas the alcohol industry brought in less than $55 million for the entire year. Note that these revenues do not include the sales tax; they are generated from excise taxes on the products.

What Weed Tourism Looks Like In 2022 And Beyond

What was once a quaint concept found only in places like remote Dutch cafes is now a global enterprise.

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How Much Weed Was Sold In Top-Selling Cannabis States? Arizona & Michigan Smash Records Again

Arizona continues to smash cannabis sales records, with yet another milestone of over $1.23 billion of weed products sold during the first 11 months of 2021.

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More Red States Are Going Wild For Weed

This year, states including Arkansas, Florida, Idaho, Mississippi, Missouri, Nevada, North Dakota, Ohio, and Maryland will all consider ballot measures on legalization

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ALBANY, N.Y. (AP) — New York is poised to join a growing number of states that have legalized marijuana after state lawmakers reached a deal to allow sales of the drug for recreational use. The agreement reached Saturday would expand the state’s existing medical marijuana program and set up a licensing and taxation system for […]

The post Breaking! New York Lawmakers Agree to Legalize Cannabis appeared first on The Cannabis Business Directory.