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You are here: Home / Archives for Alcoholic Beverage Regulation Administration (ABRA)

Pioneer Pot States Have Collected More Than $200 Million In Marijuana Taxes

August 27, 2015 by MJ News Network 2 Comments

WASHINGTON AND COLORADO: The first two states to legalize recreational marijuana have collectively raked in at least $200 million in marijuana tax revenue, according to the latest tax data — and they’re putting those dollars to good use.

In Colorado, after about a year and a half of legal recreational marijuana sales, the state has collected more than $117 million in excise taxes from both the recreational and medical marijuana markets, according to the most recent data from the Colorado Department of Revenue.

Washington state got a slower start. Its retail shops didn’t begin selling recreational marijuana until July of last year, but they are keeping pace with Colorado’s. About $83 million in excise taxes have already been collected in the year since sales first began, according to the most recent tax data from the Washington State Liquor and Cannabis Board.

 

Filed Under: Business, Homepage, Recreational Tagged With: $200 million tax revenues, adult use states, Alcoholic Beverage Regulation Administration (ABRA), Colorado, legal marijuana states, pot taxes, recreational marijuana, ta, Washington

D.C. Council Moves Ahead With Marijuana Legalization In The Nation’s Capital

November 30, 2014 by MJ News Network Leave a Comment

DISTRICT OF COLUMBIA:  Last Tuesday, three weeks after voters in Washington, D.C., overwhelmingly voted to legalize marijuana in the nation’s capital, the District of Columbia Council took an important step toward carrying out that mandate. The council’s Committee on Business, Consumer, and Regulatory Affairs approved legislation that charges D.C.’s Alcoholic Beverage Regulation Administration (ABRA) with licensing and regulating marijuana producers and retailers. ABRA would have six months to write the regulations, after which it would begin accepting license applications, so recreational cannabis stores could open in 2016 if the council approves final legislation by next spring and Congress does not try to stop the process.

The plan to license cannabusinesses, part of a billintroduced last year by Council Member David Grosso, actually goes beyond the provisions of Initiative 71, the ballot measure that passed on November 4 with support from 69.5 percent of voters. Other sections of Grosso’s bill would eliminate penalties for possessing two ounces or less of marijuana, for growing up to six plants at home, and for transferring small amounts to other adults without payment, as called for by Initiative 71. Because of legal restrictions on changes that can be made by ballot measure, the initiative did not address commercial production and distribution.

Grosso’s bill would combine medical and recreational marijuana into one industry regulated by ABRA, but it would impose a lower sales tax on marijuana purchased by patients with doctor’s recommendations: 6 percent, as opposed to 15 percent for recreational consumers. By comparison, Colorado is collecting a 15 percent excise tax plus a 10 percent sales tax on recreational marijuana, while Washington state imposes a 25 percent tax at each of three levels.

Filed Under: Homepage, Politics, Recreational Tagged With: ABRA, Alcoholic Beverage Regulation Administration (ABRA), cannabis, changing attitudes, Council Member David Grosso, DC, District of Columbia

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Oregon Legislators, Law Enforcement, Licensees Tell OLCC “Illegal Cannabis Threatens All of Us”

Southern Oregon Hospitality and Wine Industry provide feedback OREGON:  Illegal marijuana activity has not only disrupted the legal cannabis industry, but it’s also jeopardizing southern Oregon’s wine industry, according to testimony the Oregon Liquor and Cannabis Commission (OLCC) heard this week. That was one of many issues that came to light during the Commission’s two-day Read the full article…

Black Market Group Announces California Launch of ‘Higher Frequency Flower’ Cannabis Brand Founded by Hip Hop Legend Rakim on BET Weekend

New York’s legendary MC, Rakim, enters the California cannabis market in partnership with female-founded Black Market Group to connect conscious cultivators and curious consumers through a socially-informed and frequency-influenced cannabis brand CALIFORNIA: Female-founded Black Market Group (BMG – @blackmarketcertified) announced Higher Frequency Flower’s arrival in the California market. Conceived and curated by legendary Hip-Hop lyricist Read the full article…

ASTM International New Standard Provides Specifications for Hempseed Food Products

A new ASTM International standard will provide credible and achievable specifications for food-grade hempseed products. The new standard, soon to be published as D8440, was developed by ASTM’s cannabis committee (D37).  According to ASTM International member Clarence Shwaluk, the new standard identifies food safety and quality thresholds for dehulled hempseed, toasted hempseed, hempseed oil and Read the full article…

California Cannabis Control Summit Returns Live October 12-13, 2022

CALIFORNIA: Don’t miss your opportunity to get best practices for policy and regulation, enforcement, public health and safety, and more from key stakeholders! Mark your calendar for October 12-13, 2022 in Sacramento, CA to hear from regulators and join key players in the cannabis industry in-person once again. TURN ON. TUNE IN. CATCH THE BUZZ Read the full article…

OLCC Cannabis Industry Listening Session Is June 15th

OLCC Commission in southern Oregon June 15th OREGON:  The Oregon Liquor and Cannabis Commission will host a listening session with Oregon’s cannabis industry in Ashland the evening of Wednesday, June 15th.  The town-hall style discussion takes place at Southern Oregon University (SOU), in Stevenson Union (Rogue River Room) from 6 to 8 PM. Commission staff will provide Read the full article…

Black Market Group Announces California Launch of ‘Higher Frequency Flower’ Cannabis Brand Founded by Hip Hop Legend Rakim on BET Weekend

ASTM International New Standard Provides Specifications for Hempseed Food Products

California Cannabis Control Summit Returns Live October 12-13, 2022

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