Sentences with phrase «pot sales»

Heck says it's impossible to have a regulated market for legal pot sales when everything is done in cash.

For the state, it could mean falling short of the $ 44 million to $ 82 million in annual revenue it expected to collect from the 17 percent tax on pot sales.

But tensions are growing in those four states over how the tax rewards from pot sales should be divided.

In Colorado, the regulatory process took a little over a year before the first legal recreational pot sales in Jan. 2014.

Washington has required testing for mold and other impurities since it began allowing recreational pot sales in 2014.

Olympic gold medalist Ross Rebagliati has grand plans for a flashy chain of medical pot shops in B.C. called Ross's Gold that would make CALM look quaint, even though it's as yet unclear whether storefront pot sales will be allowed.

But as these companies, some valued in the billions of dollars despite generating no profits, continue to attract starry - eyed investors, it's worth examining what kind of opportunities will exist for these firms when provinces regulate retail pot sales.

In some of those states, eager consumers celebrated the first day of legal recreational pot sales by lining up at their local dispensaries in order to be among the first to participate in the newly - legal marijuana economy.

Recent polls suggested roughly 60 % support for the ballot to legalize recreational cannabis in California, which legalized medical marijuana two decades ago and already sees an estimated $ 2.7 billion from legal medical pot sales.

The province's Liberal government is preparing to keep pot sales on a relatively tight leash, while Progressive Conservatives favour more of a privatized approach.

Lured by the growth of legal U.S. pot sales, cannabis incubators have emerged in Colorado and California to help entrepreneurs.

strike a blow against the drug cartels, which are are estimated to get around 60 % of their money from illegal pot sales; and

Legal pot sales in North America, which are projected to hit $ 10 billion for 2017, will likely quadruple over the next decade.

Both Washington and Colorado are charging a 25 percent tax on pot sales, with even higher rates in some municipalities.

While Trudeau presses ahead for legalization of marijuana by next summer, some provinces say they need more time to plan for heavy lifting on regulating and policing legal pot sales.

The concentrate and edible industry, which includes products from vape pens, wax, and infused food and drinks, is responsible for 45 percent of all pot sales in Colorado.

Who is lighting up the ledgers with legal pot sales?

BEDFORD - STUYVESANT — Mayor Bill de Blasio said he can find no link between a decrease in marijuana arrests and a spike in drug - related murders, despite Police Commissioner Bill Bratton blaming the uptick directly on pot sales.