Marijuana Tax Revenue Will Grow Over Time, Canada’s PBO Says

by adminTorusBrand | Nov 14, 2016 | Business

[vc_row][vc_column][vc_column_text] Marijuana legalization is coming to Canada next year, and the nation’s Parliamentary Budget Officer believes the market will be initially lower than many estimates but grow over time as the industry establishes itself. Tax revenue...

Medical Marijuana Sales in California up 132%

by adminTorusBrand | Nov 14, 2016 | Business

[vc_row][vc_column][vc_column_text] A new report shows that California’s medical marijuana market has grown by $463 million over a recent five-year period. California’s medical marijuana sales have grown 132 percent since 2010, according to a new report...

Colorado’s Marijuana Industry Generated Over 18,000 Jobs in 2015, Report Finds

by adminTorusBrand | Nov 11, 2016 | Business

[vc_row][vc_column][vc_column_text] More than 18,000 full-time jobs were created by Colorado’s booming legal marijuana market in 2015. Colorado’s legal marijuana market generated 18,005 full-time equivalent jobs in 2015, according to a new report by the...

D.C. Council Passes Bill to Improve Medical Marijuana Industry

by adminTorusBrand | Nov 11, 2016 | Politics

[vc_row][vc_column][vc_column_text] Regulatory changes are coming to Washington D.C.’s medical cannabis industry after the D.C. Council passed an omnibus bill to help with the market’s expansion. The District of Columbia’s medical marijuana market...

Legalizing Marijuana Would Generate $23B for Canada, Study Finds

by adminTorusBrand | Nov 10, 2016 | Business

[vc_row][vc_column][vc_column_text] With recreational legalization, Canada’s cannabis market would be worth nearly $23 billion, according to a new study. Findings in a new study suggest that legalized recreational marijuana would bring nearly $23 billion in sales. The...