Congress introduces bills to legalize marijuana on federal level
Representatives Earl Blumenauer and Jared Polis introduced two bills today that would work together to legalize and tax marijuana at the federal level. Colorado Rep. Polis’ Regulate Marijuana Like...
View ArticlePot taxes generate $2.3 million for Colorado schools
Colorado has now found its weed groove, generating record amounts of tax revenue from recreational marijuana sales just a little over a year removed from the first day of legalization. Statewide retail...
View ArticleCalifornia cracks down on dispensaries that evade taxes
California’s Board of Equalization (BOE) chairman is setting his sights on medical marijuana dispensaries that don’t pay their taxes. BOE Jerome E. Horton has announced his support for a Cannabis Tax...
View ArticleColorado city uses marijuana tax money to help the homeless
While Colorado’s legal cannabis program has helped in lifting the state’s economy and education system, taxes from marijuana sales will now be used to aid the homeless. The city of Aurora, Colorado...
View ArticleMarijuana, tobacco taxes could make over $2 billion for California
Two measures on California’s November ballot could end up generating some serious cash. If passed, the Legislative Analyst’s Office estimates that Propositions 56 and 64 will bring in over $2 billion...
View ArticleColorado plans to prevent school bullying with marijuana revenue
Colorado plans to mellow down their grade school bullies with the power of pot. The state is set to distribute millions of dollars in surplus marijuana tax revenues to fund the Colorado Department of...
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