Growing Pains a Month Into California’s Market Launch

For about a month now, California’s adult use market has been open for business and the market is booming. About thirty days into the world’s largest adult use market launch, we are beginning to see side effects of the growing pains that come with adjusting the massive industry. Consumers are […]

Is New Jersey The Next State To Legalize Adult Use Cannabis?

Back in November, New Jersey elected Democrat Phil Murphy for governor, who ran on a campaign of legalizing adult use cannabis and using tax revenue from that for important government programs like education and pensions. According to CNN Money, NJ State Senate President Stephen Sweeney says he wants to vote […]

Radical Rant: State Worker Allegedly Steals MMJ Dispensary Tax Payments

You’ve heard this story before. But this time, there’s a twist. The federal government considers marijuana a Schedule I controlled substance. Federal laws prevent financial institutions from laundering the proceeds of trafficking in Schedule I substances. States have passed laws allowing the medical and recreational use of marijuana. States have […]

Colorado’s Pot Windfall Taxes Figure into State’s Recently Approved Budget – High Times

As legal weed in Colorado continues to rake in millions, the state released its budget last Friday. Anti-pot governors and federal legislators should take a good look at the pot tax windfall and how it’s going to be spent. The budget not only manages to avoid what Colorado Governor John […]

Controversy Over Legal Cannabis Revenues – High Times

Oregon voted to legalize cannabis way back in November 2014, but promises of state coffers filled with canna-dollars are apparently being held up by an arcane bureaucratic logjam.  Newsweek recently noted a May 5 report from Oregon’s KWG News, finding that the state has brought in close to $75 million in cannabis tax […]