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Rock Island County collects nearly $40,000 in first cannabis sales tax payout

Cannabis Law Report

The Quad City Times (IL) reports Legalization of recreational marijuana is paying off for Rock Island County , which collected $39,905 in its first monthly … Read More. The post Rock Island County collects nearly ,000 in first cannabis sales tax payout first appeared on Cannabis Law Report.

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States Collect $3.7 Billion In Recreational Cannabis Tax Revenue In 2021 Says MPP Report

Cannabis Law Report

States that have legalized marijuana for adult use collectively generated more than $3.7 billion in tax revenue from recreational cannabis sales in 2021, a report from the Marijuana Policy Project (MPP) that was released on Wednesday found. States Collected More Than $3.7 Marijuana Moment Report Thus. Read full report.

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Connecticut Becomes the 20th Jurisdiction to Legalize Recreational Marijuana

The Blunt Truth

Seyfarth Synopsis: In the first six months of 2021, several states legalized marijuana for recreational and medicinal purposes, including New York, New Jersey, Virginia, and New Mexico. On June 22, 2021, Connecticut Governor Ned Lamont signed a bill that legalized recreational marijuana use by adults 21 years and older.

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Another strong month for Illinois recreational cannabis sales

Illinois News Joint

The Illinois Department of Financial and Professional Regulation announced recreational cannabis sales totals for May 2023. These figures do not include taxes collected. The post Another strong month for Illinois recreational cannabis sales appeared first on Illinois News Joint. February: $120,488,569.91 March: $134,790,381.77

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Illinois 2024 recreational cannabis sales top $1.72B

Illinois News Joint

The Illinois Department of Financial and Professional Regulation (IDFPR) and the Pritzker Administration today announced recreational cannabis sales. Sales taxes collected at Illinois cannabis dispensaries totaled more than $490 million in 2024, per the Illinois Department of Revenue. The December 2024 totals of $153,249,701.54

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Pennsylvania Governor Encourages Recreational Legalization to Help the State’s Economy  

Veriheal

Lawmakers are looking at ways to increase the state’s revenue, and to no surprise, some suggest legalizing recreational cannabis. Tom Wolf is one of those lawmakers who is pushing for the legalization of recreational cannabis. That could all change if the state were to adopt new recreational cannabis laws.

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Legislative Members Prepare to Review Ohio’s Recreational Cannabis Campaign

Veriheal

The proposed bill, which prompts legislators to regulate adult-use (recreational) cannabis in the same way as alcohol, must now be considered by legislative members before undergoing a ballot vote in November. Should the legislature fail to adopt the measure, an additional 132,877 signatures would need to be collected from voters.