by adminTorusBrand | May 29, 2018 | Business
The revenue projections were released in a new report from the New York City Comptroller’s office. New York State could create a new $3.1 billion market if it were to legalize recreational marijuana, according to New York City Comptroller Scott Stringer. A market of...
by adminTorusBrand | May 29, 2018 | Business
March was the highest month for recreational marijuana sales in Colorado to date. Colorado’s monthly recreational marijuana sales hit a new record high in March, according to new data released by the Colorado Department of Revenue. Statewide adult-use sales in March...
by adminTorusBrand | May 24, 2018 | Business
That quarter revenue total includes state cultivation, excise, and sales taxes collected since January 1, 2018. California made $60.9 million in tax revenue from marijuana sales in the first three months of 2018, according to new data provided by the California...
by adminTorusBrand | May 7, 2018 | Business
A new report estimates that medical and recreational marijuana sales will reach $11.7 billion this year before surging to $25 billion by 2025. The marijuana industry in the United States should reach $25 billion in sales by 2025, according to the latest estimates by...
by adminTorusBrand | Apr 25, 2018 | Business
The recently retired tight end said players are using the substance for reasons other than getting high. Nearly 9 of 10 players in the National Football League (NFL) use marijuana, estimates recently retired tight end Martellus Bennett. The veteran was asked about...
by adminTorusBrand | Apr 24, 2018 | Business
A portion of Denver’s marijuana tax surplus is slated to help pay for repaving the city’s 405 lane miles of asphalt streets. Denver this year is covering a portion of the costs associated with repaving its arterial and collector streets with the money it has generated...