Buying weed in California is about to get less risky and much more expensive. A patchwork of new policies, including special taxes, will roll out in the state before sales of recreational marijuana begin at the start of 2018.
Tag Archives: Cost
Enforcing Canada’s new legal weed comes with a high price tag. The federal government will spend C$546 million ($426 million) over the next five years to implement its new cannabis laws, according to the latest budget forecast.
Marijuana could get more expensive after a series of massive fires in Northern California wiped out as much as a year’s supply for some industry growers.
Canada is proposing a federal excise tax on marijuana to help ease the path to legalizing the drug, Prime Minister Justin Trudeau said on Tuesday, drawing a cautious response from provinces that would oversee the process.
According to Emily Wilson, some medical patients across the valley can’t afford the price gouge on Nevada marijuana and are turning to the streets for cheaper prices.
The chief executive of licensed marijuana producer Aphria Inc. is calling on his competitors to disclose and reduce their production costs well in advance of the coming legal recreational market.
The results for Canopy Growth’s stock have been terrific so far, yielding a return of over 152% since inception. The stock has been performing well despite lacklustre results and frequent losses.
Aphria Inc. is the newest weed company to graduate to the TSX. The stock has been faring better than its peers, Canopy Growth Corp. and Aurora Cannabis Inc. over the past few months.
Montana lawmakers are considering a 6 percent sales tax on medical marijuana.
Prices are tumbling as formerly illicit cultivators emerge from the shadows to invest millions of dollars in massive pot factories. In Colorado, the average price sought by wholesalers has fallen 48 per cent to about US$1,300 a pound since legal sales to all adults started in January 2014, according to Cannabase, operator of the state’s largest market.. Supply is surging as growers expand and install the latest agricultural technology.
Arkansans hoping to grow medical marijuana will have to pay an annual $100,000 fee to operate a cultivation facility, the Arkansas Medical Marijuana Commission decided Tuesday.
BELLEVUE, Wash., Aug. 18, 2016 /Weed Wire/ — Forever Green Indoors recently completed three installations in Western Washington that qualified for over $750,000 in rebates for LED grow lighting.
On June 13, 2016, the Drug Policy Alliance issued a report that systematically assesses the first four months of New York’s medical marijuana program.
The cannabis industry is growing in every respect and events are no exception. From small regional meetings to full-scale 3-day expos across the United States, an industry enthusiast could spend 85% of the year going to events. But which ones are worth it?
The amount dispensaries charge for an ounce of cannabis in Colorado varies radically from place to place.
(Reuters) – Italy legalized marijuana for medical use last year, but the high cost of buying legal pot in a pharmacy meant few people signed up. Now, the government has found a solution: get the army to grow it.
When discussing the cannabis industry, we usually like to discuss the large amounts of money that dispensaries make. Often overlooked, however, are the extremely high fees that many dispensaries pay the state to stay open, such as licensing and permit fees. It is actually very expensive to start a marijuana dispensary; and in Maryland, it stands to be even more expensive.
Taxes are like flies: no one really wants them around, but they play a vital role in their respective ecosystem. As summer flies by, Colorado officials are counting coffers and noticing an extreme shortfall in projected revenue from taxes on recreational cannabis.
It is the summer of 2014 and the legalization snowball continues to roll down the marijuana slope; it has been picking up speed for the past six months as Colorado and Washington have legalized the plant. Furthermore, since 1996, 23 states have changed their laws to allow medical marijuana.