420 with CNW — Report Finds State-Legal Cannabis Markets Have Generated $10B in Taxes
Jan 13, 2022
Cannabis is without a doubt one of the fastest-growing industries in America. Despite being relatively young, America’s state-legal cannabis industry has been quite lucrative, generating billions of dollars in revenue and creating hundreds of thousands of new job opportunities. According to a newly released report on the industry, marijuana has been extremely kind to state coffers; since 2014, cannabis sales have provided states with legal marijuana markets more than $10 billion in tax revenue.
The Marijuana Policy Project report states that since Colorado and Washington state sanctioned recreational cannabis sales in 2012, a wave of cannabis reform has swept across the…
NOTE TO INVESTORS: The latest news and updates relating to American Cannabis Partners are available in the company’s newsroom at https://cnw.fm/ACP
About CNW420
CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.CNW420.com
Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer
Do you have questions or are you interested in working with CNW420? Ask our Editor
CannabisNewsWire420
Denver, Colorado
http://www.CNW420.com
303.498.7722 Office
[email protected]
CNW420 is part of the InvestorBrandNetwork.
More News
Law on 'holiday hunger' passed by Stormont assembly
A majority of 49 to 24 assembly members backed the legislation, which was proposed by Sinn Féin's Danny Baker and welcomed by some parents and charities.
Who Is Alice Huang, the Woman in the Middle of Nvidia’s Spy Scandal?
Alice Huang, who U.S. intelligence determined is a Chinese asset, emerged from the high-flying world of Shanghai finance to work with tech titans and obtain essential A.I. chips.
Nvidia Hires Wachtell Lipton to Investigate CEO Jensen Huang’s Affair With Chinese Executive
Wachtell partner Joon H. Kim, a former acting U.S. attorney, is leading the inquiry into the chip maker’s chief executive.
Weil Gotshal Partners Vote to Shut Down After Nearly a Century
The large law firm, known for its powerful bankruptcy practice, started coming apart as prominent partners moved to other firms.
Claude chatbot maker set for $1.3tn stock market debut despite 'catastrophic' AI warning
The AI company behind the Claude chatbot will offer its shares at between $70 and $78, which is lower than what was expected.
Anthropic Targets Valuation of Up to $1.4 Trillion for Blockbuster I.P.O.
The A.I. company’s pricing would make it one of the biggest ever public listings. It comes at a volatile moment in markets, with investors questioning the sustainability of the A.I. boom.
Data Show Households Still Managing to Meet Their Monthly Debts
The New York Fed detailed general steadiness in debt payments for autos, student loans and mortgages.
Kim Kardashian's Skims offers refunds for $148 advent calendar after backlash
The contents of the calendar, including hair clips and keychains, have been widely criticised on social media.
Some pupils 'struggling just to get a hot meal'
Students speak out as school dinner prices are set to increase for the second time in a year.
Secrets, Chips and Spycraft: The Nvidia C.E.O. Scandal
Despite knowing about the relationship between one of the president’s closest allies and a woman later identified by U.S. officials as a Chinese spy, the Trump administration took no action.
This Law Firm Just Bought Malpractice Insurance for its A.I. Agents
The move by Crosby, an A.I. law firm, speaks to a nascent gap in coverage as major insurers grapple with risks related to artificial intelligence.
Thousands of 'off-grid' homes eligible for £250 to help with heating bills
Households dependent on either heating oil or LPG and are eligible for reduced council tax will benefit.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.