WeedLife News Network

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

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

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.

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.

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

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

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.

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.

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.

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.

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.

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.

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.

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

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.

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