Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.
Colorado was among the first states in the nation to legalize recreational marijuana. Now, it’s the first state to move on marijuana tasting rooms.
- Colorado’s first-in-the-nation marijuana “tasting rooms” bill heads to Hickenlooper’s desk
(Denver Post: Top News, 4 May 2018)
Licensed marijuana “tasting rooms” could be operating in Colorado this time next year if Gov. John Hickenlooper signs a first-of-its-kind bill that state lawmakers sent to his desk Thursday.
- Colorado lawmakers approve bill for cannabis tasting rooms
(Marijuana Business Daily: News, 3 May 2018)
Colorado lawmakers on Thursday approved pioneering legislation allowing marijuana retailers to establish tasting rooms for customers to consume select products – much like a brewery…
One of the selling point of legal cannabis is that it raises government revenue. Is that actually true?
- Report: Legal marijuana boosts government revenue – a little
(Albany Democrat Herald: Oregon & Northwest News, 9 May 2018)
A new report finds that legalizing and taxing marijuana boosts revenue for state and local governments, but not by much.
Legal marijuana offers small state tax revenue boost: Moody’s
(Reuters, 8 May 2018)
Tax revenue from recreational marijuana makes up a small percentage of annual general fund revenues in states with the most established retail markets, such as Colorado, Washington and Oregon, Moody’s Investors Service said on Tuesday.
But what about government spending on marijuana? Specifically on beer and marijuana?
- Ontario awards $300,000 research grant to help develop the world’s first beer brewed from cannabis
(Ottawa Citizen: News, 4 May 2018)
The Ontario government has contributed $300,000 to help a Toronto company work with Loyalist College in Belleville to develop what it says will be the world’s first beer brewed from cannabis.