Tag : marijuana tax dollars

Politics

Australia Could Generate $3.6B in Taxes by Legalizing Cannabis

Editor
Recently,  Richard Di Natale and the Green Party in Australia proposed a new legislation  to legalize cannabis on a commercial level to parliament. Though the new bill is still awaiting regulatory approval, the PBO estimates that the continent of Australia could see $3.6 billion dollars in tax dollars generated over......
Business Global

Canadian Government Expects to Generate Millions in Taxes from the Legal Cannabis in 2018

Editor
The Canadian Federal Government expects to gain over $35M in the first year  of legal cannabis sales in the country. Canada continues to lead countries around the world looking to capitalize on tax dollars that can be generated from the legalization of cannabis and industrial hemp. Canadian provinces and the......
Politics

Colorado’s Cannabis Sales for 2017 Reach $1.6 Billion

Editor
Colorado retailed $1.5 billion dollars’ worth of medical and recreational cannabis last year,  up 15% from 2016. Although recent over supply in the states market has caused to price per gram to drop significantly, demand is still stronger than ever. Colorado was the first state in the U.S. to legalized......