University of Montana releases study showing potential of taxing recreational marijuana
Marijuana Industry NewsMontanaRecreational Marijuana October 1, 2020 0
University of Montana’s Bureau of Business and Economic Research released a study this month about the possible market value of legalizing and taxing recreational marijuana in Montana. Research in the study estimated that a 20% tax could bring in between $43.4 million and $52 million annually. “You’re not only looking at... Read more
Arkansas medical marijuana millions
ArkansasMarijuana Industry NewsMedical Marijuana September 30, 2020 0
Since the state’s first dispensary opened about 16 months ago, Arkansas patients have purchased more than $131 million worth of medical marijuana. These sales have generated more than $13 million in state tax revenue, contributing to the state’s goal of achieving a coveted cancer institute designation for the University... Read more
Marijuana Licenses for Low-Income Entrepreneurs Closer to Reality
ColoradoMarijuana Industry News September 29, 2020 0
Colorado marijuana regulators are closer to creating new business licenses for eligible entrepreneurs who lack funding, with the micro-license applications expected to become available early next year. Securing a marijuana license has proven to be a costly, lengthy venture for a startup business in Colorado, with most licensing opportunities in... Read more
Medical marijuana and CBD sales rise sharply during COVID-19 pandemic
FloridaMarijuana Industry NewsMedical Marijuana September 29, 2020 0
September 29, 2020 by AggregatedNews Leave a Comment Florida is seeing a surge in sales of medical marijuana and CBD hemp products as more people turn to them to treat their anxiety, insomnia and pain during the COVID-19 pandemic. Voters in 2016 approved the state’s new medical marijuana industry,... Read more
Utah’s new medical marijuana program more popular than officials expected
Marijuana Industry NewsMedical MarijuanaUtah September 28, 2020 0
Six months after medical marijuana became legal for purchase inside Utah for the first time, the program has already surpassed enrollment projections. But high demand has also led to shortages in both product and providers interested in recommending medical marijuana to patients. “It’s been going. It’s been going well,... Read more
New Yorkers Can Now Apply To Have Their Marijuana Conviction Records Destroyed
Marijuana Industry NewsNew York September 28, 2020 0
New Yorkers who had their low-level marijuana convictions expunged from their record, per the passage of the Marijuana and Decriminalization and Expungements Bill in July of 2019, can now go a step further by requesting that the physical documentation of these arrests be destroyed. Although the history of these... Read more
