In California, analysts are saying the state could see $1 billion in tax revenue from marijuana when a new legalization law becomes effective in 2018, according to an article in the International Business Times. The recently approved Proposition 64 prescribes a 15 percent excise tax on adult-use and medical marijuana.
Tag Archives: International Business Times
Marijuana Industry Hosts Big, Three-Day Investor Summit in Denver
DENVER — The convention floor at Denver Airport’s Crowne Plaza this sunny Tuesday afternoon in April could be the trade show for any well-established industry.