Revenue

Arizona Department of Revenue Release Cannabis Sales Data for June, July

The Arizona Department of Revenue recently released new data on reported cannabis sales in June and July. Medical marijuana sales begin in Arizona December 2012while recreational marijuana sales began in…

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San Diego Officials Brace for Plunging Cannabis Revenue

City officials in San Diego expect tax revenues from cannabis sales to drop sharply this year as California’s regulated marijuana market continues to face difficult headwinds. of San Diego Union…

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Hawaii Lawmaker Says Tax Revenue Won’t Cover Costs of Legal Adult-Use Cannabis

A recent report by the Hawaii State Department of Taxation found that legalizing adult-use marijuana in the state would generate approximately $50 million in tax revenue annually, adding to the…

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Cannabis Had Highest Tax Revenue in Colorado and Washington Over Alcohol, Cigarettes

A new report from tax policy center Colorado’s cannabis tax revenue is seven times higher than alcohol’s, showing that Washington earned $559 million from cannabis-related taxes. Those two of her…

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Illinois Trumpets 50% Rise in Adult-Use Pot Sales, Tax Revenue

The Illinois Adult Cannabis Program is 50-50 years old. So that sales will increase by 50% and tax revenue will increase by 50%. Governor beat the numbers publication “The total…

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