tax revenue

Observations of America, Part II: Colorado has its own smoky cannabis story hidden from the world

Colorado legalized marijuana back in 2012 with it’s state constitutional Amendment 64. This amendment legalized the recreational and non-medical use of the drug and legalized possession of up to one ounce of it on one’s person, plus the cultivation of up to six cannabis plants for personal consumption.

2016 Goes To Pot: Colorado Cannabis Sales Top $1 Billion & Oregon Sales Defy Expectations

Farmworkers transport newly-harvested marijuana plants, at Los Suenos Farms, America’s largest legal open air marijuana farm, in Avondale, southern Colorado, Oct. 4, 2016. (AP/Brennan Linsley)
DENVER — Legal cannabis is booming, and with Colorado netting $1 billion in legal, regulated sales in the first 10 months of 2016, the industry’s growth isn’t showing any signs of slowing.

Medical Marijuana Reaches Key Legislative Approval in Texas

There’s a saying that “Everything’s bigger in Texas,” but apparently everything is slower, too. The state is preparing to issue licenses for medical marijuana dispensaries to legally sell products with low levels of THC, such as cannabis oil, but there’s a catch.
First, the medical marijuana types will be extremely limited, and only those with an intractable form of epilepsy will be allowed to partake of cannabis’ incredible healing properties.