State Tax Revenues Benefit From Legalized Cannabis Market

Marijuana is big business

NEW YORK:  The legal cannabis market is expected to generate more tax revenue for states in the U.S, according to a report from New Frontier Data. The U.S. cannabis market could generate $2.3 billion in state tax revenue from retail sales by 2020. The projection is based on the assumption for projected growth in all states currently legal Read the full article…

Washington Lawmakers Tackle Marijuana Taxes

With Oregon's recreational market about to come online, the bill could have particular implications for border counties such as Clark County.

WASHINGTON: On the first day of the special legislative session, Washington House members took up a bill that would change the way the state taxes recreational marijuana. Washington lawmakers are back in Olympia this week after failing to pass a two-year operating budget during the regular legislative session. Now, lawmakers have 30 days to address Read the full article…