sales

Sales of legal marijuana in Colorado are more potent than ever. According to the Colorado Department of Revenue as of May 2016 revenue from recreational and medicinal marijuana sales totaled $486 million. In April, sales hit an all-time high of $117 million but lost a little buzz, settling...

Marijuana legalization has become a mainstream movement. There are 25 states — and Washington, D.C. — that have laws legalizing marijuana in some form. That means investors are about to be set up for some big profit opportunities from the marijuana market in 2016. Before we get into how...

Chicago The Illinois medical marijuana industry saw $2.57 million in retail sales during June, a sign of continuing steady growth of the retail market. The Illinois Department of Agriculture released the figures Thursday. May sales had been nearly $2.3 million. Illinois now has nearly...

Chicago The Illinois medical marijuana industry saw $2.57 million in retail sales during June, a sign of continuing steady growth of the retail market. The Illinois Department of Agriculture released the figures Thursday. May sales had been nearly $2.3 million. Illinois now has nearly...

The upcoming ballot may have a question regarding an extra tax on marijuana. The tax may be in the form of an excise tax or an extra sales tax. According to the memorandum, counties are specifically authorized to impose an excise tax on the first sale or transfer of unprocessed retail marijuana...

The whir and hum of pumps provided background music in a warren of small rooms in a second-floor, nondescript section of an industrial building in northeast Bend. That music was money being made, in the form of oil extracted from marijuana flowers and leaves, and infused into edibles like gel...

After about a year gathering signatures, the campaign to legalize marijuana for recreational use will turn in more than 200,000 signatures Thursday to get its initiative on Arizona's Nov. 8 statewide ballot. The Campaign to Regulate Marijuana Like Alcohol needs at least 150,000 signatures to...

After about a year gathering signatures, the campaign to legalize marijuana for recreational use will turn in more than 200,000 signatures Thursday to get its initiative on Arizona's Nov. 8 statewide ballot. The Campaign to Regulate Marijuana Like Alcohol needs at least 150,000 signatures to...

The success of cannabis edible products may be one of the surprises that occurred when marijuana was legalized. Unfortunately, the same hasn't happened for cannabis infused beverages. According to Headset Cannabis Intelligence, total sales of cannabis beverages in the marijuana market is a...

New Mexico's Medical Cannabis Program is growing at an even more rapid pace than reported by the public health agency tasked with regulating the industry. Financial reports from growers that were made public for the first time this spring show total receipts during the first three months of...

New Mexico's Medical Cannabis Program is growing at an even more rapid pace than reported by the public health agency tasked with regulating the industry. Financial reports from growers that were made public for the first time this spring show total receipts during the first three months of...

The Lane County Board of Commissioners unanimously gave an initial nod of approval Tuesday to a 3 percent county tax on recreational marijuana sales. If approved, the tax would only apply on marijuana sales outside city limits in the county. There are five marijuana retailers, or dispensaries...

Marijuana concentrates are the fastest growing segment of Colorado's legal marijuana market. Demand for marijuana concentrates in Colorado grew 125 percent in the first quarter of 2016 from the same period in 2015, as reported by Marijuana Business Daily. Marijuana concentrates are potent...

I am a Nevada state senator. I served for almost 30 years in the Army Military Police Corps. I am an ordained minister. I believe marijuana use and possession should be legal for adults, and its production and sale should be regulated. If you find that surprising, you might be even...

City of Corvallis officials have been kicking around a variety of different ideas to try to raise more revenue for city services; it's all part of the work that a city task force has been tackling in its attempts to build a sustainable city budget. The list of potential "revenue...

April 20 may one day be akin to the Black Friday of the marijuana industry - that is, if weed shops in America ever have any trouble moving their product during the rest of the year. Sales of pot on the day - which is celebrated as something of a holiday by enthusiasts of the substance -...

It's like forecasting early gold reserves in the heady days of California's Gold Rush era. Revenue estimates that will come from legalizing marijuana are growing almost like weed itself. In analyzing the ballot initiative to legalize recreational use of marijuana, California's legislative...

Oregon tax revenue from marijuana sales $40 million higher than what economists predicted, similar plan recommended for New Jersey. Smoking greens are expected to raise $43 million in spending greens for Oregon this year, already raising $10.5 million in tax revenue in the first three months...

It clocked in at $70 million last fiscal year alone. Legal recreational marijuana is a boon for tax revenues in Colorado, according to new figures from the state’s Department of Revenue, outpacing revenue from alcohol taxes in the fiscal year ending on June 30. Colorado collected almost $70...

Although it won't be quite the stampede of Black Friday, 4/20 is expected to generate some serious revenue at Colorado dispensaries. The four days between April 17 and April 20 provided Colorado's pot shops with three of the state's highest-selling days in 2015, according to a recent report from...