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Started By
Message
Legal Weed Sales top $5.4 Billion in 2015
Posted on 2/1/16 at 2:44 pm
Posted on 2/1/16 at 2:44 pm
LINK
Just another update in the "How Stupid Is Louisiana" saga.
quote:
Legal U.S. pot sales soared to $5.4 billion for 2015, up 17.4 percent from $4.6 billion in 2014, according to data released Monday by the ArcView Group, which tracks the cannabis markets.
The figures include medical and adult consumer sales. However, the annual gain was largely fueled by the explosive growth in consumer sales, as some states have approved adult recreational marijuana use. Adult use sales grew to $998 million from $351 million in 2014, according to the research. And voters in more states, including California, are likely to take up the issue in 2016.
quote:
On the flip side of taxes, the cannabis market can be lucrative for state coffers. Colorado collected $13.2 million in taxes and fees in August — the single highest month of tax revenues since adult use sales began in January 2014, according to the report, citing the Colorado Marijuana Enforcement Division.
Just another update in the "How Stupid Is Louisiana" saga.
12
Posted on 2/1/16 at 2:45 pm to High C
Posted on 2/1/16 at 2:45 pm to High C
Sweet. $5.4 billion out of the hands of the the Mexican cartels
Posted on 2/1/16 at 2:45 pm to High C
There's JBE's budget shortfall answer
Posted on 2/1/16 at 2:46 pm to High C
What's the profit in this?
Posted on 2/1/16 at 2:48 pm to High C
quote:
Just another update in the "How Stupid Is Louisiana" saga.
We will be the 49th or 50th state to legalize, unless it is done federally. The Prison Industrial Complex and Police Unions, and North Louisiana Lawmakers will never let it happen here.
Posted on 2/1/16 at 2:55 pm to High C
quote:
Just another update in the "How Stupid Is Louisiana" saga.
New Orleans would really thrive with a legal pot industry.
Put it well on its way to an american amsterdam with legal prostitution on the way too.
Posted on 2/1/16 at 2:59 pm to High C
National legalization would probably turn it into a trillion dollar/year industry
Posted on 2/1/16 at 3:01 pm to High C
Tax the hell out of it.
Posted on 2/1/16 at 3:17 pm to High C
Retail shops should open here this summer.
Posted on 2/1/16 at 3:39 pm to High C
Posted on 2/1/16 at 3:40 pm to High C
quote:
Just another update in the "How Stupid Is Louisiana" saga.
..as well as the other 48 states who haven't legalized it.
Posted on 2/1/16 at 5:04 pm to High C
I live in Colorado and this year we voted to add $66 million dollars in pot tax to education. I grew up in Louisiana. They could use an extra $66 million in school funding.
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