WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife News Network.

Will Louisiana Be the First Southern State to Legalize Weed? – Marijuana News

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?

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US legalized pot industry poised for major expansion – Marijuana News

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

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Louisiana State lawmakers reportedly discussing legalizing marijuana – Marijuana News

NEW ORLEANS (WWL-TV) — State lawmakers are reportedly discussing legalizing marijuana in Louisiana. To help fill an immediate $850 million budget shortfall the governor wants to raise taxes while Republicans want deeper reductions.

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California marijuana advocates battle huge pot tax increase – Marijuana News

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.

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Colorado marijuana sales skyrocket to nearly $1 billion in 2015 – Marijuana News

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

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The legal marijuana industry scrambles to keep up with changing tax agendas

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.

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Arizona marijuana legalization campaign nearing signature goal, supporters say – Marijuana News

Image: Nick Oza, The Republic

A marijuana legalization campaign is nearing its goal of gathering 150,000 valid signatures to get on the November ballot. The initiative would ask Arizona voters to legalize marijuana for recreational use and establish a network of licensed cannabis shops where sales of the drug would be taxed.

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Arizona marijuana legalization campaign nearing signature goal, supporters say – Marijuana News

Image: Nick Oza, The Republic

A marijuana legalization campaign is nearing its goal of gathering 150,000 valid signatures to get on the November ballot. The initiative would ask Arizona voters to legalize marijuana for recreational use and establish a network of licensed cannabis shops where sales of the drug would be taxed.

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$1 billion in legal pot taxes predicted for California – Marijuana News

Image: Wikimedia Commons

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.

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$1 billion in legal pot taxes predicted for California – Marijuana News

Image: Wikimedia Commons

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.

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79-year-old questions Rubio on legalized marijuana during South Carolina visit – Marijuana News

Republican presidential candidate Marco Rubio during an appearance at the College of Charleston.  Image: Grace Beahm, Post and Courier

Republican presidential candidate Marco Rubio came to the College of Charleston to talk about the country’s future with its future leaders, only to find himself put on the spot by a 79-year-old woman who wanted to know where he stood on legalizing marijuana.

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Report: Marijuana sales in Colorado at $740M so far in 2015 – Marijuana News

Kate Douglas packages marijuana-infused edibles at Wana Brands in Boulder, CO. Image: Paul Aiken, Daily Camera

Preliminary data released from Boulder data analysis firm BDS Analytics has confirmed what tax revenues have already shown: Coloradans love legal pot.

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Colorado allowed to spend marijuana tax money, as voters reject refunds – Marijuana News

Colorado voters approved a statewide ballot measure Tuesday that gives state lawmakers permission to spend $66.1 million in taxes collected from the sale of recreational marijuana. Image: Aaron Ontiveroz, The Denver Post
Colorado voters Tuesday overwhelmingly approved a statewide ballot measure that gives state lawmakers permission, once again, to spend $66.1 million in taxes collected from the sale of recreational marijuana.
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Washington Expects Pot Sales Tax Revenue Surge to $1 Billion

Flag Map of Washington State via Wikimedia Commons
 
Washington State expects marijuana sales taxes to bring in more than $1 billion over the next four years, according to a budget forecast published by the Office of Financial Management.
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Colorado monthly marijuana sales eclipse $100 million mark

A grow room in Denver. Image: WeedWorthy.com
Elizabeth Hernandez ~ The Denver Post ~

Colorado recreational marijuana sales are close to $60 million in August 2015; medical marijuana sales climb slightly.

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Colorado's marijuana tax revenues nearly double 2014 figures

Cannabis bud at a Denver grow facility. Image: WeedWorthy.com

Day Without Marijuana Tax Draws Mixed Reactions in Colorado

Matthew Lopez, 33, examines marijuana buds with his iPhone light while shopping with his fiance Lizette Ortiz, 26, at The Grass Station in Denver, Co. Credit: Benjamin Rasmussen for The New York Times

Colorado Just Became The First State In History To Collect More Taxes From Marijuana Than Alcohol

Image via CSMonitor.com

Early shoppers line up for tax-free weed in Colorado

Customers line up outside one of The Grass Station dispensaries during the Colorado cannabis tax holiday. Image: WeedWorthy.com
Kristen Wyatt ~ Associated Press ~
 
DENVER (AP) -- Marijuana consumers were taking advantage of a tax holiday in Colorado on Wednesday, with some lining up early for doorbuster-style deals.
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Pot is tax-free in Colorado on Wednesday

Products on display at The Grass Station dispensary in Denver. Image: WeedWorthy.com

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