California cannabis prohibition is costing the state about $1 billion per year in lost tax revenue that’s sorely needed for social services, a new analysis from the state’s Department of Finance reports this December 21.

California cannabis prohibition is costing the state about $1 billion per year in lost tax revenue that’s sorely needed for social services, a new analysis from the state’s Department of Finance reports this December 21.

Colorado's weed boom will fund schools and fight opioid addiction.

BOSTON – Massachusetts voters are expected to head to the polls in November and likely vote on a ballot measure fully legalizing marijuana, four years after they signed off on medical marijuana and eight years after approving decriminalization of small amounts of the substance.

BOSTON – Massachusetts voters are expected to head to the polls in November and likely vote on a ballot measure fully legalizing marijuana, four years after they signed off on medical marijuana and eight years after approving decriminalization of small amounts of the substance.

Student activities in Sitka are getting a boost from the marijuana industry.

Student activities in Sitka are getting a boost from the marijuana industry.

ANCHORAGE (KTUU) - Tax dollars from Alaska’s new marijuana industry have finally begun flowing into state coffers, with the first cash payments from pot businesses being made in Anchorage this week.

ANCHORAGE (KTUU) - Tax dollars from Alaska’s new marijuana industry have finally begun flowing into state coffers, with the first cash payments from pot businesses being made in Anchorage this week.

A proposed, 15 percent tax on medical marijuana sales would push the government's take on retail pot in Los Angeles to more than one fourth of the advertised price.

Aurora, the third largest city in the state, will donate funds to organizations which help low-income people with housing and community services.

$996,184,788 — that's the final tally for Colorado marijuana sales as December 2015 figures show a record-setting finish.

At the first legislative meeting of a new, two-year D.C. Council session on Tuesday, At-large Councilmember David Grosso did exactly the same thing that he did two years ago: introduce a bill to tax and regulate marijuana.

At the first legislative meeting of a new, two-year D.C. Council session on Tuesday, At-large Councilmember David Grosso did exactly the same thing that he did two years ago: introduce a bill to tax and regulate marijuana.

TRENTON — New Jersey could reap $300 million a year in sales tax revenue by legalizing marijuana for recreational use, according to a new report by supporters of the effort.

EMPIRE, Colo. – Colorado’s $1 billion marijuana industry is helping some small towns stay afloat. A prime example is the town of Empire, in Clear Creek County.

Marijuana sales could surpass $1 billion in the state of Massachusetts by the year 2020 — if the state chooses to legalize weed for recreational purposes in the fall, that is.

Marijuana sales could surpass $1 billion in the state of Massachusetts by the year 2020 — if the state chooses to legalize weed for recreational purposes in the fall, that is.

Marijuana is legal to buy in several states, but no law says that selling it will be free from cumbersome expense and paperwork, especially when it comes to taxation.

From small towns that barely dot the map to the state’s largest urban areas, revenue from retail marijuana sales is helping communities address homelessness, send children to college, patch potholes, secure water rights and fund an array of projects.

LANSING — A fully developed legal market for medical marijuana in Michigan could lead to millions of dollars in new state tax revenue.

LANSING — A fully developed legal market for medical marijuana in Michigan could lead to millions of dollars in new state tax revenue.

Unlike many of the other candidates running for governor, Democrat Steve Marchand isn’t afraid of saying he wants to expand the state budget, rather than shrink it.

Oregon medical marijuana dispensaries have sold an estimated $102 million in recreational cannabis since January, when the state imposed a 25 percent sales tax on pot.

Nearly $60 million worth of recreational marijuana was sold in Oregon during the first five months of taxed sales, according to estimated figures released Wednesday by the state.

Grand Forks, ND (WDAZ-TV) - The debate over legalizing marijuana has heated up nationally in recent years. North Dakota is no exception.

DENVER - Marijuana is a $1.3 billion industry in Colorado, and the ensuing tax revenue is helping students pay for college.

As more and more states legalize marijuana for medical and recreational use, federal state and local governments are in for a tax bonanza, according to a new pair of reports from the nonprofit Tax Foundation.

Bruce Kennedy ~ WeedWorthy ~

Experts say legal cannabis companies have to keep meticulous records if they don’t want to run afoul of federal, state and community tax officials.

Washington (AFP) - Legal marijuana is becoming more and more entrenched in the United States each year, and 2016 looks to be no exception.

Branson’s firsthand exposure to cannabis-funded drug abuse treatment in Colorado is significant, state officials and marijuana industry representatives agree.

AUSTIN — Optimistic advocates hope Texas will legalize the green to make more green. Low oil prices could make the stakes higher than ever for Texas’ economic future when lawmakers meet to pass the state’s next budget in 2017.

Notorious for its strict marijuana laws, Louisiana is looking at legalized weed as a way to get out of debt. What will happen to its prisoners?

Notorious for its strict marijuana laws, Louisiana is looking at legalized weed as a way to get out of debt. What will happen to its prisoners?