From January to March, Illinois generated about $86,537,000 in adult-use marijuana tax revenue, compared to $72,281,000 from liquor sales.
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April 13, 2021
Colorado Marijuana Sales Reached $167 Million In February
Total marijuana sales in Colorado reached $167 million in February, the state’s revenue department announced on Friday.
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April 12, 2021
Governor signs cannabis legalization into law
New Mexico Gov. Michelle Lujan Grisham on Monday signed two bills that, together, legalize the use and possession of cannabis and expunge previous cannabis related criminal records.
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The County of Mendocino’s cannabis cultivation permit program is currently closed to new applications, and just what the process and regulations will look like for new applicants has been the source of much debate over the past several months.
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The Montana House has passed largely along party lines three different proposals to regulate and tax recreational marijuana. Lawmakers faced a looming procedural deadline Thursday and are now handing the policy debate over to the Senate.
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The Cannabis Regulatory Commission will hold its first meeting April 12, marking the official launch of a powerful state agency that will be tasked with rulemaking and licensing for New Jersey’s adult use industry.
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April 7, 2021
Bill Would Increase Taxes on Tobacco, Smoking Products
Senate File 363, which passed unanimously in February, regulates and adds a hefty licensing fee and sales tax on retailers that sell glassware and metal designed for inhaling tobacco and other substances. The bill forces the retailer to have an annual permit that costs $1,500 on top of a 40% tax purchase on the price of the pipe. An additional annual permit would be required to mail products, also $1,500.
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April 7, 2021
Cannabis Advocates, Regulators in Talks on Federal Rules
The Alcohol and Tobacco Tax and Trade Bureau, a unit of the Treasury Department, has been meeting with groups including the Drug Policy Alliance and the National Cannabis Roundtable to talk about cannabis regulations.
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