sales

The City of Woodlake is huddling with several commercial cannabis growing companies who may be interested in relocating operations to this Tulare County foothill community. "We have meetings set for this week with them and we will be asking all the questions on any plans and the size of...

Dear Pot Lawyer, I pay a lot of tax for this weed I've been buying! Are we doing this right? I think we are, but it's complicated, and smarter people than me have strong opinions on how it ought to work. These opinions differ on big-picture questions, like who should pay the tax (you, or...

Nicole Shaffer is a 25-year-old store receptionist. She’s been using medicinal pot for four years now. “I use it mostly for kind of emotional stuff,” she said. “I probably … smoke about once a day at this point.” But last month, Shaffer let her official Oregon medical marijuana card lapse. She...

The broader legalization of marijuana and the upcoming start of retail sales could lead to an evolution of the state's medical marijuana program, Health and Human Services Secretary Marylou Sudders said Thursday. Four years after approving medicinal marijuana at the ballot, voters in November...

Regulated marijuana sales are growing rapidly in participating states, but with federal legalization still a slow-turning wheel, it could take decades for the industry to fully mature on a national level. On the back of 11 states passing marijuana-related measures last year, marijuana sales...

Regulated marijuana sales are growing rapidly in participating states, but with federal legalization still a slow-turning wheel, it could take decades for the industry to fully mature on a national level. On the back of 11 states passing marijuana-related measures last year, sales of...

The marijuana industry is growing so fast that if the government legalized it nationally it would outsell ice cream. A new report from Marijuana Business Daily has calculated that the estimated total demand for marijuana, including the black market is around $45 billion to $50 billion. Annual...

Another month, another massive haul in tax revenue for Colorado marijuana sales. For the 10th month in a row, cannabis sales have exceeded $100 million in the first state in the nation to sell legal recreational cannabis. Sales tax revenue generated in Colorado for the month was just shy of...

Buying marijuana in Seaside is still illegal under city ordinance, but city government is already working out how to make money off of future pot sales when and if the rules change. California voters said yes to Proposition 64 in November making it legal for adults 21 and older to use...

Medical marijuana sales at Maine's eight dispensaries are still growing, but at the slowest rate since the first one opened in 2011. Growth on the caregiver side of the market, however, appears to be surging, possibly topping dispensary sales, although caregiver sales are not tracked by the...

Oregon is sitting on millions of dollars generated from legal pot sales, with its booming marijuana industry having grossed nearly $75 million since the start of 2016. However, none of the entities that were supposed to receive funding under the marijuana law have seen a dime since the state...

Shops Which Sell legalized marijuana lead to no more crime in surrounding areas than those areas with bars or alcohol stores, a new study has found. Researchers at Ohio State University found that crime isn’t higher in the area immediately surrounding marijuana outlets. But adjacent areas saw...

A U.S. consultant hired by Ottawa to assess Canada's eventual recreational pot market says jurisdictions that regulate cannabis should expect "unbelievably high" sales growth in the first few years as criminals are driven out of business. Adam Orens, a founding partner of the Marijuana...

There's still confusion about the origins of the 4/20 cultural phenomenon, but don't blame that on the Oxford English Dictionary. The definitive resource on the English language last month added the numerals "420" to its chronicling of more than 829,000 words, senses and compounds, citing...

In the 28 states and the District of Columbia where marijuana use either for medical or recreational purposes is legal, state tax collections on legal retail sales is expected to reach $2.3 billion by 2020. That's growth of more than three times expected 2017 tax collections of around $745...

Recreational marijuana is an integral part of local economies, according to Telluride and Ridgway officials. Since both towns started issuing licenses for recreational marijuana retail sales in 2014, the tax revenue from such businesses has provided another source of income for each area...

The latest gaze into the crystal ball puts the U.S. marijuana industry north of $24 billion by 2025. New Frontier Data, a cannabis market research and analytics firm, gave The Cannabist a first look at its 2017 annual report, which aims to track the long-term potential for the industry. The...

Marijuana, excuse the pun, has been growing like a weed for some time now. Just 21 years after California became the first state to legalize cannabis for medical purposes, there are now a total of 28 states that have legalized medical marijuana. Likewise, just a little over four years after...

Rep. Doug House, who's handling medical marijuana legislation, introduced a bill for an additional tax on marijuana sales today. The law already provided for assessment of the customary sales taxes on marijuana sales. House's bill would add a 4 percent special privilege tax on the gross...

The most recent numbers out of Colorado suggest big things for marijuana sales in Canada post-legalization, says Echelon Wealth Partners analyst Russell Stanley. In a weekly update on the marijuana sector called "Cannabis Weekly", Stanley took note of new data out of Colorado, which began...