The low projection in tax revenue signals an administration belief that little will change in the coming months even as the state Department of Health works to expand access for patients, which should, in theory, bring in new revenue.
Tag Archives: Fiscal Year
Congress Halted the War on Medical Marijuana Last Night
Congress made history yesterday. With a 56-40 bipartisan vote, the Senate approved a sweeping $1.1 trillion spending package that will keep keep the government running through the next fiscal year.
Colorado’s Cannabis Generates Over $30M in Excess Tax Revenue
How would you like to be paid to smoke marijuana? Sounds like a dream job right? Well, if you live in Colorado you can potentially live out that dream.
Nevada’s Take on Tokes: as much as $10M
CARSON CITY — Preliminary estimates suggest that Nevada’s medical marijuana program could generate as much as $10 million in excise taxes to the public schools in the upcoming two-year budget.