The state of Colorado raised $87 million dollars last year through the taxation of recreational marijuana. After a call from a concerned viewer, who was wondering where that money goes and how it is distributed to schools, News Channel Five decided to dive head first into the confusing world of...
What sort of issues crop up when your industry is locally legal yet federally prohibited, as is the case with marijuana businesses?
Banking issues.
“The banking problem is probably the most challenging hurdle for entrepreneurs who want to be involved in legal cannabis,” Marijuana Business...
I've been making money off marijuana these past several years by writing about the stuff. The bottom line in the media is, whether you are for or against it, anytime you bring up marijuana you are making money off of it. The folks at Project SAM (Smart Approaches to Marijuana) – pretty much an...
If 82 percent of Onalaska state representative Steve Doyle's constituents really do believe pot should be legal for smoking, he would probably support it.
But he's not convinced that the 82 percent who answered yes to the recreational marijuana question on a survey he sent out are...
More than three years after recreational marijuana sales began in Washington, cities are seeing less and less of the pot revenue the state once promised.
As cities struggle with budgets, they're going to feel the pain from money they aren't getting, said Association of Washington Cities...
Colorado has given 42 school districts and charter schools a combined $9.2 million to hire people and create programs to keep marijuana out of the hands of students.
The Denver Post reports the money is going to schools located near legal pot shops and is funded by proceeds from marijuana...
Marijuana tax revenue is projected to bring in $40 million to schools over the next two years, but the Clark County School District is taking issue with how that money is distributed.
That's because that money – an estimate from the governor's office – will go into the Distributive School...
With over half a million in marijuana tax revenue since 2014, Union Gap is closing out its second year of a First through Seventh grade summer camp, funded by a portion of the money.
The Union Gap City Council decided the best way to spend the marijuana money was to give it to youth programs...
Vancouver Assistant Police Chief Mike Lester once used to enforce the laws against marijuana, but now his paycheck is partially funded by it.
"It's a little ironic at times," Lester said. "That's just the way it is."
All the money Vancouver receives from marijuana tax goes to police. That...
The K-12 school in Deer Trail, Colorado, is in rot. The swimming pool is in such grave shape that students can't use it anymore. People in wheelchairs have to be lifted up stairs. A sewage leak has closed the coach's locker room. Even basic security is a problem, as the doors are so out of shape...
"Mad Money" host Jim Cramer looks into how one cash management company could get an unexpected boost from marijuana.
If you thought paper money was near extinction, Brink's, the largest cash management company in the world, proves you wrong, Jim Cramer said.
But Brink's, which does...
Marijuana industry insiders agree that it isn't easy to make money on the cultivation side of the business anymore, but that isn't stopping the money that is flooding into the real estate side of the business. According to New Frontier Data, cultivation and retail was the top sector for capital...
In Pueblo, pot pays for college (well, some of it). On June 20, 210 high school seniors got $2,000 each from the Pueblo County Scholarship Fund and the Colorado Opportunity Scholarship Initiative. In total, $420,000 was disbursed. That is believed to be the first cannabis tax-funded scholarship...
Senate President Stanley C. Rosenberg says the legislature is looking to provide incentives to cities and towns who will allow the sale of recreational marijuana within their borders as the July 1 deadline for putting a bill on Gov. Charlie Baker's desk draws near.
"Believe me, I am sweating...
Perhaps some money does grow on trees. Last October Barrington police took possession of two waterproof suitcases found in some local woods. Each padlocked Pelican case was crammed with bundles of cash — in total $195,000.
Someone had wedged one suitcase into a crook of a tree five feet off...
Good day guys! This is our first grow and it has been 57 days but we still struggling. I hope someone could help us to identify what is the deficiency on our platns and what are the remedies. Thanks in advance! :)
Strain: Money maker and Nothern lights
PH in the soil: 7.1
Lights: Led 1200W...
As Oregon economists calculated their May revenue forecast, they had new figures to add in: marijuana taxes.
They estimated marijuana sales will create about $210 million in taxes through the middle of 2019.
That may sound like a lot, but local officials reached by the Statesman Journal...
San Diego County Dist. Atty. Bonnie Dumanis has been ordered to return more than $100,000 seized from a medical marijuana businessman and his family, 15 months after drug agents raided the company and didn't charge anyone with a crime.
Superior Court Judge Tamila E. Ipema issued the order...
Recreational cannabis has been legal in the state of Colorado for two years and medical cannabis has been legal for nearly five. In that time, medical dispensaries and recreational shops have become an integral part of Colorado economics and community.
Local employment is one of the...
