Marijuana Sales Revenue Plummets in Paonia

Marijuana sales revenue plummets in Paonia

Paonia Town Administrator Stefen Wynn said marijuana sales and sales tax revenue have decreased rapidly in the last couple of years. Wynn said he reduced the projected revenue from the marijuana sales tax from $52,000 in the 2024 budget to…

Montana Lawmakers Fail to Override Governor’s Veto of Marijuana Tax Revenue Bill

The Marijuana Herald - Marijuana news and information An effort by Montana lawmakers to override Governor Greg Gianforte’s veto of Senate Bill 537 has officially failed, effectively halting a sweeping proposal to restructure how the state allocates its marijuana tax revenue. The bill, sponsored by Senator Daniel Zolnikov, received strong bipartisan support when it initially passed—clearing the Senate in a 42 to 8 vote and the House by a 17 to 6 …

Michigan marijuana market can’t outrun oversupply as sales fall

Michigan’s legal marijuana market continues to eat itself alive. The state’s regulated market operators reported $261.1 million in sales for June, down 4.2% from May. Prices also declined slightly to an average of $62.91 for an ounce of marijuana flower. Operators are being squeezed by their... Please login to read all 413 words.