Legalizing and taxing marijuana boosts government revenue – a little, report says

A new report finds that legalizing and taxing marijuana boosts revenue for state and local governments, but not by much. The credit rating agency Moody’s Investor Service says in a study released Tuesday that legalizing recreational use of marijuana brings governments more money than it costs to regulate it. Despite…

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Study: Legalizing marijuana nationally could generate more than $132 billion in tax revenue and 1 million jobs

Published: Jan 11, 2018, 8:48 am • Updated: Jan 11, 2018, 8:48 am By Katie Zezima, The Washington Post Legalizing marijuana nationwide would create at least $ 132 billion in tax revenue and more than a million new jobs across the United States in the next decade, according to a…

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Nevada reaps $3.7M in tax revenue in first month of recreational marijuana sales

Published: Sep 28, 2017, 7:06 pm • Updated: Sep 28, 2017, 8:12 pm By The Associated Press RENO, Nev. — State tax officials say the first month of legal sales of recreational marijuana in Nevada brought in more than $ 3.5 million in tax revenue. Nevada Tax Department spokeswoman Stephanie…

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Boulder’s AeroGrow reports hydroponics revenue boost for owner Scotts Miracle-Gro

Published: Aug 15, 2017, 5:53 pm • Updated: Aug 15, 2017, 5:53 pm By Shay Castle, Daily Camera Boulder-based AeroGrow, a maker of indoor gardens, reported revenue of $ 2.5 million for the quarter, an increase of 14 percent from last year. Sales were boosted by a nearly 25 percent…

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‘Major milestone’: Colorado hits half a billion in cannabis tax revenue

Published: Jul 19, 2017, 7:54 am • Updated: Jul 19, 2017, 11:39 am By Alicia Wallace, The Cannabist Staff Marijuana advocates are trumpeting a Colorado milestone: More than $ 500 million in revenue for the state since recreational cannabis sales started in 2014. The medical and recreational cannabis tax revenue…

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