Cannabis Revenues

An analysis by the Cato Institute, a U.S. think tank headquartered in Washington, D.C., reveals how the federal legalization of cannabis could significantly transform the U.S. federal budget landscape.  Authored by Alex Brill, Brian J. Miller and Stan Veuger, the research presents a detailed...

After rebounding in February from a weak January, adult-use cannabis sales got back on track in March. Sales of $131 million rose 15% from February, as compared to a year ago when growth fell from 41% to 20%. The state’s roaring 2021 adult-use sales of $1.38 billion...

Adult-use marijuana sales in Illinois exceeded $120 million in August, state officials reported on Thursday. Illinois saw $121,933,542 in cannabis purchases last month, with $81,275,830 coming from in-state residents and $40,657,711 from out-of-state visitors, in particular, from neighboring states...