Cannitrol – Cannabis Control Agent

Marijuana news from around the world

Taxes

Colorado surpasses $1 billion in marijuana tax revenue

Colorado has surpassed $1 billion in revenue since the legalization of recreational marijuana in 2014, according to the Colorado Department of Revenue.

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Last traces of Sweet Leaf marijuana dispensaries vanish as new chain moves into Aurora, Thornton, Federal Heights locations

Its co-owners were sentenced to prison earlier this year and now the last vestiges of the once-vast Sweet Leaf marijuana dispensary network are being plastered over as a new chain takes over its final three locations.

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Marijuana tax money targeted for Colorado’s full-day kindergarten rollout

Colorado lawmakers have hit on a funding source to help struggling school districts cover up to $25 million in startup costs as they expand full-day kindergarten this fall: marijuana taxes.

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Gains, growing pains mark California’s 1st year of legal pot

It was supposed to be a great year for marijuana entrepreneur Brian Blatz.

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Almost half of Colorado’s marijuana money can go wherever lawmakers wish

The Marijuana Tax Cash Fund is the largest pool of pot money in the state, and there are more than 60 different ways state lawmakers spend those dollars across Colorado.

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Colorado communities pocket big bucks from legal marijuana, but threats loom for some

The roll-out of recreational marijuana sales five years ago has raised tens of millions of dollars annually to tackle a litany of local concerns — from paying for main street makeovers in cash-strapped small towns to expanding programs to address Denver’s opioid crisis and housing affordability crunch.

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Colorado sees average price of wholesale marijuana rise in second half of 2018

Starting Jan. 1, Colorado will reap more tax revenue from wholesale deals involving marijuana buds and trim intended to be sold to consumers after the average prices of those wholesale products rose in the latter part of 2018.

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Denver council authorizes $15 million expansion for affordable housing fund

Two years after Denver rebooted its affordable housing effort, city leaders have nearly finalized a major increase for the government’s spending on the program.

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Marijuana advocates, state lawmakers blast Hickenlooper over his veto of three cannabis bills

Four state lawmakers joined a group of marijuana advocates on Thursday in blasting Gov. John Hickenlooper over his veto of three pot bills, saying the term-limited Democrat’s decisions threaten Colorado’s place as a leader on cannabis and hurt patients, consumers and businesses.

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New monthly high for Nevada pot sales; top projections again

Nevada marijuana sales continue to outpace projections, reaching the highest monthly total in March since recreational sales became legal last July.

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