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Olypmia – It's a question that Republican senators have asked during state budget battles from time to time: Why can't Washington, flush with marijuana tax revenue far outpacing old projections, use that money to help solve the state's school-funding crisis? Well, it can. To a small extent it...

Sales of recreational marijuana in Oregon continued to plummet in December, figures from the Oregon Department of Revenue show. Taxes collected on sales totaled $5.6 million in December, a 13 percent decline from November and a 28 percent drop from the peak of $7.8 million in October. For...

Recreational marijuana sales in Oregon produced $60.2 million in state tax -revenue in 2016, the first year of state-taxed pot sales. For much of the year, -marijuana sellers collected a 25 percent sales tax. To produce the $60.2 million in tax revenue reported by the state Department of...

Colorado marijuana shops tallied just over $106 million in sales this past November, putting the industry's 2016 sales totals just shy of $1.2 billion – with returns from the typically bountiful month of December still to come. Sales of marijuana and related products translated to $17.7...

Washington state's two top-selling cannabis retailers are for sale. Main Street Marijuana owner Ramsey Hamide and Uncle Ike's owner Ian Eisenberg, who own three storefronts apiece, have joined together in an attempted joint sale of both companies. The asking price for all six shops? A cool $50...

Rapper Snoop Dogg may have money on the mind of the owners of retail pot shop Royal's Cannabis after a visit in December. The store posted a 10.6 percent sales increase last month compared to their sales in November, according to numbers reported by the Washington Liquor and Cannabis Board...

This year, Colorado proved just how profitable marijuana can be. In the first ten months of 2016, Colorado topped $1 billion in marijuana sales, according to the Department of Revenue. By the end of October, the state had racked up $1.1 billion in legal sales of medical and recreational...

Denver – Legal cannabis is booming, and with Colorado netting $1 billion in legal, regulated sales in the first 10 months of 2016, the industry's growth isn't showing any signs of slowing. Sales of both recreational and medical cannabis hit $1.1 billion by October, according to analysis of...

Market and analytics experts published a study predicting one industry to blaze by all others in the Bay State, growing beyond $1 billion annually by 2020: Marijuana. With retail sales of the substance beginning in 2018, the study painted a picture of a changing commonwealth - a...

Cannabidiol (CBD) is the part of the cannabis plant that doesn't get you "high" like the THC side of the plant. It is typically used for health reasons instead of for recreational purposes. The CBD products are either derived from industrial hemp plants or marijuana plants. The Hemp Business...

"This milestone continues to show that the cannabis industry in Colorado is an engine of growth for the economy, a job creator, and one of the biggest industries in the state", said Christian Sederberg, an attorney, who played an integral part in legalizing marijuana in Colorado, CNN reports...

Denver - Marijuana sales in Colorado surpassed the $1 billion mark for 2016 after October amounts were released by the Colorado Department of Revenue. The figure is from the legal sales of recreational and medical marijuana at Colorado shops. In 2015, sales just missed the $1 billion mark...

The Washington marijuana industry has been successful in the few years since legalization, but there is concern that President-elect Donald Trump's incoming administration could put the industry at risk, especially because Trump is favoring officials with strict anti-marijuana positions, such as...

Black Friday means hot deals for many people, but for one Washington industry, it means a whole lot of green in one day. "Black Friday is coming up and I think this year is going to be the first year that pot really sells, with taxes, far far below what the elicit market was charging," Ian...

Washington State - New studies show legal marijuana sales in Washington are surging to an all time high, passing $200 million dollars in a quarter. In the first three months of this year, buyers spent $54 million dollars more on spirits than marijuana, but in the next three months that gap...

Even as other states legalize marijuana, cannabis continues to ring up record-breaking sales in Colorado. The cannabis industry accounted for $127.8 million in medical and recreational marijuana sales in September, according to newly released data from the Colorado Department of Revenue. This...

The nine cannabis-related measures on ballots across the nation have drawn immense attention, most notably in the form of tens of millions of dollars in political contributions. Campaign finance data shows that only 20 businesses and individuals account for a whopping $20.8 million in donations...

Phoenix - With the fate of legalized marijuana in doubt, supporters and foes of Proposition 205 are amassing cash for a last-minute blitz to convince voters. A new poll of 550 Arizonans conducted this past Tuesday and Wednesday finds the ballot measure leading - but only slightly. Of those...

Californians are expected to pass a ballot measure on Election Day legalising recreational marijuana and the prospect has cities and counties seeing dollar signs. Proposition 64 would impose state taxes on the cultivation and sale of marijuana but it also allows local jurisdictions to add taxes...

For the last two months, most of the money fueling Florida's medical marijuana fight hasn't been coming from Florida families hoping for patient access to medical marijuana or anti-drug activists who worry about the impact on their home state. Since Sept. 1, for every $1 donated to the two...