State-licensed marijuana retailers sold over $2.2 billion worth of marijuana flower and related products in 2021 – the highest annual total ever, according to data released by the state’s Department of Health. Since 2014, when adult-use sales first became legal in Colorado, retail cannabis sales have grown each successive year. Over the past seven years, state regulators have collected … Continue reading Colorado: Retail Marijuana Sales Surpass $2.2 Billion in 2021
Category: Economy
Local jurisdictions that permit licensed marijuana operations experience job growth at higher rates than do localities that prohibit them, according to data published in the IZA Journal of Labor Economics. A team of economists affiliated with the University of New Mexico and with California Polytech State University compared county-level economic data in Colorado between the years 2011 and 2018. They reported that … Continue reading Analysis: Jurisdictions Permitting Adult-Use Retail Facilities Experience Employment Growth
A a Harris County judge allowed Azael Sepulveda, the owner of Oz Mechanics in Pasadena, Texas, to open his shop while his lawsuit against the city of Pasadena is pending. The temporary injunction was granted in a suit filed by the Institute for Justice (IJ) challenging the city’s mandatory parking minimum law, which requires Azael … Continue reading Texas Mechanic Wins Right to Open His Shop in Ongoing Challenge to Pasadena’s Parking Minimum Law
Some employers are abandoning drug testing requirements as a way to attract new hires and to retain current employees, according to survey data compiled by the Manpower Group Pollsters surveyed representatives from over 45,000 employers in North America and Europe. Nine percent of respondents acknowledged that they had “eliminated job screenings or drug tests” as a way … Continue reading Survey: Nearly One-in-Ten Employers Dropping Drug Testing Requirements to Attract Workers
Businesses’ lack of access to traditional financial services and capital is perceived to be the greatest hurdle facing the cannabis industry, according to survey data compiled by Whitney Economics. Researchers compiled opinions from 396 licensed cannabis companies on existing challenges in the US marketplace. Over 70 percent of respondents said that the “lack of access to banking or … Continue reading Survey: Cannabis Companies Cite Lack of Banking Access as the “Top Issue” Facing the Industry
Nearly 1 in 4 Americans needs a government license to work and state lawmakers are asked every year to consider new occupational licenses. In more than a dozen states, government analysts study the need for proposed licenses and make a recommendation to the legislature. The Institute for Justice (IJ) conducted the first ever comprehensive study … Continue reading New study reveals special interests push unnecessary policies mandating occupational licenses
House Budget Committee Republican Leader Jason Smith (MO-08) and House Science, Space, and Technology Committee Republican Leader Frank Lucas (OK-03) slammed House Democrat leadership for their continued efforts to thwart transparency and pass legislation without the American people knowing its true cost. In a letter to House Speaker Nancy Pelosi and House Majority Leader Steny … Continue reading Smith, Lucas Pull Back Curtain on House Democrats’ Repeated Attempts to Hide the Cost of Their Agenda from the American People
House Budget Committee Democrats led a hearing titled “Why Congress Should Abolish the Debt Limit.” House Democrats, including Majority Leader Steny Hoyer (MD-05) and House Budget Committee Chairman John Yarmuth (KY-03), repeatedly voiced their support for eliminating the debt limit. This would effectively pave the way for Congress to engage further in massive deficit spending, … Continue reading House Budget Republicans Call out Wasteful Washington Spending, Record Inflation, and Hypocrisy at Democrat Hearing on Abolishing Debt Limit
U.S. Senate Banking Committee Ranking Member Pat Toomey (R-Pa.) today said that Congress and the American people deserve answers on Sarah Bloom Raskin’s lobbying on behalf of Reserve Trust, a nonbank fintech, and the Federal Reserve’s decision to reverse itself and award Reserve Trust with valuable access to the Fed’s payment system. As Ranking Member Toomey … Continue reading Biden Federal Reserve nominee ran a ‘revolving door’ of apparent corruption
Wholesale inflation rose 1% in January and is up 9.7% over the past year – a near-record. This steep increase was at least double what Wall Street predicted. In fact, according to the Wall Street Journal: “Some 73% of the items saw annual price rises of 3% or higher in January, and some 55% of … Continue reading American Farmers Suffering the Most Under Bidenflation
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