As retail revenue continues to grow in legal cannabis, so will jobs, business opportunities, payroll and of course tax revenue produced for the federal government. Total federal tax revenue is estimated $2.9 billion for 2017. Tax revenue is expected to grow consistently reaching $6.7 billion by 2025. Roughly 200,000 jobs exist in today’s legal cannabis market. By […]

  As more revenue is generated in the legal cannabis, there will be more jobs created, and more business and payroll taxes generated for the federal government. Roughly 200,000 jobs exist in today’s legal cannabis market (i.e., growers, processors, wholesalers and retailers), not including ancillary businesses. By 2025, projections anticipate 630,000 industry-specific jobs. Total estimated [...]

  With a reported 8.9 million Californians aged 18 and older regularly using cannabis, the state’s adult-use market ought dwarf all other U.S. markets. As seen in other legalized programs, Eaze’s 2017 State of Cannabis Data Report found that monthly spending by cannabis consumers from 2016 to 2017 increased across all age groups, to averages […]