WeedLife News Network

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

$100 million pot windfall in Colorado - Cannabis News

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

Continue reading

Tax money from marijuana sales helping students pay for college in Colorado - Cannabis News

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

Continue reading

Flouting Congress, DC Council Member Re-Introduces Marijuana Regulation Bill – Cannabis News

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.

Continue reading

Flouting Congress, DC Council Member Re-Introduces Marijuana Regulation Bill – Cannabis News

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.

Continue reading

Alaska: State receiving first tax payments from marijuana businesses – Cannabis News

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.

Continue reading

Alaska: State receiving first tax payments from marijuana businesses – Cannabis News

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.

Continue reading

Alaska: Marijuana fees generate funds for student travel in Sitka – Cannabis News

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

Continue reading

Alaska: Marijuana fees generate funds for student travel in Sitka – Cannabis News

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

Continue reading

Michigan could gain millions in tax revenue in legal marijuana market – Cannabis News

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

Continue reading

Michigan could gain millions in tax revenue in legal marijuana market – Cannabis News

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

Continue reading

Oregon collects $25.5 million in marijuana taxes since start of the year – Cannabis News

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.

Continue reading

N.H. gubernatorial candidate argues for marijuana legalization as a revenue generator – Cannabis News

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.

Continue reading

Oregon dispensaries sell close to $60 million in recreational pot over first five months this year – Cannabis News

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.

Continue reading

Marijuana sales tax revenue huge boon for Colorado cities – Marijuana News

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.

Continue reading

Legalizing marijuana would reap $300M a year in taxes for N.J., advocates say – Marijuana News

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.

Continue reading

Colorado city will use $1.5 million cannabis tax revenues to help the homeless – Marijuana News

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

Continue reading

The Government Could Make a Buttload of Tax Cash off of Legal Marijuana – Marijuana News

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.

Continue reading

Marijuana Legalization in Massachusetts Could Rake in a Whopping $1 Billion in 4 Years – Marijuana News

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.

Continue reading

Marijuana Legalization in Massachusetts Could Rake in a Whopping $1 Billion in 4 Years – Marijuana News

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.

Continue reading

Why Richard Branson spent extra time in Colorado – Marijuana News

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

Continue reading