San Francisco supervisors delayed voting Tuesday on proposed pot regulations, making it more unlikely that people in this weed-friendly city will be able to buy recreational pot when adult use becomes legal Jan. 1 in California.
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Nevada took a chance on recreational cannabis this summer, and it looks like the payout is huge. In its first month of adult-use sales, Nevada raked in nearly $3.68 million in cannabis tax revenue
In Oregon, a state lawmaker has introduced a bill that would funnel more marijuana tax revenue into mental health services. Introduced by Sen. Jeff Kruse, Senate Bill 845 would shift marijuana tax revenue away from the Common School Fund and into mental health and addiction treatment services.
Nov. 3, 2016 /Weed Wire/ — The Campaign to Regulate Marijuana Like Alcohol has launched a statewide Spanish-language TV ad in support of Prop. 205.
PHOENIX, Oct. 31, 2016 /Weed Wire/ — Colorado state officials are asking opponents of Prop. 205 to stop airing ads that “convey inaccurate and misleading statements about Colorado’s experience with regulating and taxing marijuana for adult use.”
A debate in Florida revealed the fault lines in public opinion as the state prepares to vote on Amendment 2, a ballot measure that would legalize medical marijuana. The Oct. 18, 2016, debate in Orlando pitted Amendment 2 supporter John Morgan against drug-addiction expert Dr. Jessica Spencer, according to WTSP.com.
A new bully prevention program in Colorado public schools will be funded by a surplus of marijuana tax revenues, according to a Sept. 27, 2016, article from 7News, the ABC affiliate in Denver. The surplus is $66 million, thanks to Proposition BB, a provision that allows the state to keep extra marijuana tax revenue.
It is an ironic twist that seems appropriate for the marijuana business. Taxes collected from the retail sale of marijuana will be used to educate teens in Colorado about the dangers of drug use.