Marijuana industry records sales of almost $1 billion in 2015
Marijuana industry records almost $1 billion in sales
According to the department of revenue, the state made a total sales of $996,184,788 in 2015. The cannabis Business Alliance commended the cannabis sales for contributing $135 million in taxes of which $35 million is earmarked for the construction of schools.
“With greater growth and continuation of operators entering the industry, Cannabis Business Alliance members and Colorado operators have continually set the standard of the maturing industry nationwide,” CBA board member, Mark Slaugh told Huffington Post.
ADVERTISEMENT
He noted that it's impressive to see the cannabis industry thriving "amidst increasing regulation," such as the proposal to use THC warning stamps on all marijuana products.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Yahaya Bello stripped of police protection as IG withdraws officers attached to him
No need to run when EFCC invites you, Cubana Chief Priest advises Nigerians
Immigration places wanted Yahaya Bello on watchlist, unveils his passport details
Oyo govt justifies demolition of Yoruba Nation agitators’ building
NAFDAC raids popular supermarket in Abuja for selling counterfeit products
Iranian morality police crack down on women who don't wear headscarves
FG sets up committee to compensate landowners affected by Lagos-Calabar road project
Kano Gov remains a bona fide member of our party - NNPP debunks suspension
We need ₦3.2trn to pay electricity subsidy in 2024 - FG
Pulse Sports
Lionel Messi's son breaks the internet after scoring five goals for Inter Miami
Naija Stars Abroad: Onyedika, Boniface, and Osimhen shine across Europe
Victor Osimhen and Tobi Amusan make list of Forbes’ 30 under 30 Class of 2024
ADVERTISEMENT