Map reveals how much money each state has made from legal marijuana

Map reveals how much money each state has made from legal marijuana

In 2023, states where cannabis is legal generated over $4 billion in tax revenue from adult-use sales—the highest annual total ever recorded.

New Castle County, Wilmington push for local marijuana sales tax

Why Should Delaware Care?Wilmington and New Castle County are looking to benefit from Delaware’s incoming recreational cannabis industry by asking the state for a share of tax revenue from marijuana sales, as the current sales tax on stores will go straight to the state. In addition, Wilmington is closing in on a final decision on where recreational marijuana businesses can set up shop within the city.Wilmington and New Castle County want to tax…

Two proposals for marijuana tax revenue advance in wake of Senate Bill 307 failure

Montana lawmakers last week advanced two bills seeking to change the allocation of taxes on recreational marijuana as the 69th Legislature closes in on its final days. Both bills revise the funding for conservation initiatives that the Legislature established in 2021 following voters’ passage of Initiative 90, which legalized recreational marijuana and sought — much to lawmakers’ dismay — to direct how the taxes levied upon it would be spent.Hou…

Montana Passes $1 Billion in Legal Cannabis Sales Since 2022

The Marijuana Herald - Marijuana news and information Montana’s legal marijuana market has officially surpassed $1 billion in total sales, following more than $26 million in sales in March. According to data released by the Montana Department of Revenue, legal marijuana sales reached $26,582,252 in March. Of March’s total, the vast majority—$23,264,823—came from recreational marijuana, while medical marijuana sales accounted for $3,317,430. The …