An 80-year old tax policy research organization, theTax Foundation, concluded that the federal government—and most states—are denying themselves large chunks of yearly tax revenue by not legalizing pot. Read article here: High Times
Tag: Revenue
Colorado To Generate $1 Billion in Marijuana Revenue Annually
All of the naysayers waiting for the demise of Colorado’s recreational marijuana market have just lost a billion dollar bet. Colorado Governor John Hickenlooper presented a budget proposal on Wednesday that predicts the state’s newfound stoner commerce is set … High Times
Terra Tech Subsidiary, Edible Garden, Signs Distribution Contract With GroRite Garden Centers Increasing Revenue and Production Capabilities
IRVINE, Calif. — Terra Tech Corp. (TRTC), a leader in sustainable agricultural products, is pleased to announce it has signed a distribution deal with New Jersey-based GroRite Garden Centers, a greenhouse farming retail superstore. Under the terms of the deal GroRite will be purchasing a majority of their plants for retail sale from Edible Gardens. Forecasting […]
Medical Marijuana, Inc. Reports Record First Quarter 2013 Revenue and Income
SAN DIEGO, Calif. — Medical Marijuana, Inc. (MJNA), a leading cannabis and hemp industry innovator, is pleased to pre-announce its fourth quarter earnings. The company earned net income of approximately $ 5.52 million on gross revenues of $ 8.45 million for the quarter ended March 31, 2013. This represents a gross revenue increase of over […]