Colorado Just Exceeded $1-Billion Tax Revenue Since Marijuana Was Legalized The state of Colorado has now generated in excess of $1-billion in total state revenue from the legal marijuana industry. The state’s legal pot sales revenue doubled from the $500 million mark to $1 billion took less than two years. Achieving that first $500 million took almost three and a half years. Related: Colorado’s Marijuana Industry Continues to Grow | […] SnowBrains | June 13, 2019 0 Comments
Carl’s Jr to Sell Special CBD-Infused Cheeseburger at Their Denver Location to Celebrate 4/20 National fast-food chain Carl’s Jr plans to release a specialty cheeseburger at one of its Denver locations topped with CBD-infused sauce to celebrate 4/20, the unofficial Cannabis lover’s holiday. Carl’s Jr’s “Rocky Mountain High CheeseBurger Delight” will be sold Saturday exclusively at the burger joint’s location at 4050 Colorado Blvd reports Vail Daily. You might also like: 420: The Legend Behind […] SnowBrains | April 18, 2019 0 Comments
Canada Now World’s Largest Legal Marijuana Marketplace Today, Wednesday, Oct. 17, 2018, after 95-years of prohibition, Canada is set to become only the second country in the world and the first G7 country and major economy to legalize marijuana for all uses. Uruguay was the first country. Last night, in St. John’s, Newfoundland, hundreds of customers had lined up around the block at a private store by the […] Steven Agar | October 17, 2018 0 Comments
Corona Owner Invests $4-Billion in Marijuana Company Constellation Brands Inc., which for seven decades has made its money off beer, wine and whiskey, sees its future in a marijuana leaf. The owner of Corona, Kim Crawford Wines, and Ballast Point is to increase its stake in Canadian cannabis company Canopy Growth, investing US$4 billion to acquire a 38% share of the business. The drinks giant said that […] Steven Agar | August 17, 2018 0 Comments
Bargain Bud in California as Dispensaries Need to Offload Inventory before New Standards Apply from 1st July Bargain basement bud is on the menu in California, but you need to act fast to cash in on the cheap weed, reports ABC. Regulations being phased in six months after the state broadly legalized marijuana require that pot sold after this Saturday 30th June meet strict quality standards, so retailers unloading untested inventory are offering blowout prices. Deep discounts on […] SnowBrains | June 27, 2018 0 Comments
Canada Legalizes Recreational Use of Cannabis Canada’s parliament has passed a law legalizing the recreational use of marijuana nationwide, reports the BBC. The Cannabis Act passed its final hurdle on Tuesday in a 52-29 vote in the Senate. The bill controls and regulates how the drug can be grown, distributed, and sold. The country is the second worldwide to legalize the drug’s recreational use and Canadians […] Steven Agar | June 21, 2018 0 Comments
Record Marijuana Sales in March for Nevada | Sales are Surpassing Projections Every Month Nevada marijuana sales continue to outpace projections, reaching the highest monthly total in March since recreational sales became legal last July, reports the Tahoe Daily Tribune. The Nevada Department of Taxation said Wednesday taxable sales of adult-use marijuana topped $41 million in March, a 16 percent increase from February and 14.5 percent more than the previous monthly record of $35.8 […] Steven Agar | May 24, 2018 0 Comments
Colorado Marijuana Sales hit new High | $1.5 billion in 2017 Colorado marijuana shops raked in a record $1.51 billion sales of medical and recreational cannabis, edibles and concentrate products during 2017, according to Colorado Department of Revenue data released Friday. Adult-use sales topped $1.09 billion, with the remaining $416.52 million coming from medical marijuana. Colorado collected upward of $247 million in taxes and fees revenue from pot sales, according to […] Steven Agar | February 13, 2018 1 Comment