Cuomo estimates $300 million in tax revenue from legalized marijuana

Gov. Andrew Cuomo says New York should legalize recreational marijuana for adults over 21, a step which he says would raise an estimated $300 million in tax revenues each year. The Democratic... To view the full story, click the title link......»»

It's a bummer, man. California's toke, I mean take, on cannabis tax revenue amounted to disappointing $34 million in the first quarter, the first round since recreational marijuana was legalized in the state. Gov. Jerry Brown had predicted $175 million.....»»

State Auditor General Eugene Pasquale's office released a report Thursday in Pittsburgh that has estimated Pennsylvania could collect $581 million per year in revenue if recreational marijuana is legalized and regulated. The 14-page special report .....»»

Enphase Energy reported first-quarter revenue of $263.3 million, which missed the consensus estimate of $281.95 million, according to Benzinga Pro. read more.....»»

Trulieve Cannabis Corp. said Thursday it had net income of $30.1 million in the first quarter, up fro.....»»

The Hickory-based broadband equipment company reported a big net loss of $97.6 million in the first quarter. But it did mark improvement year over year and posted strong results in sales and adjusted earnings......»»

SeaWorld Entertainment Inc. said Thursday it had net loss of $44.9 million, or 57 cents a share, in the first quarter, narrower than the loss.....»»

Under Armour Inc. agreed to pay $9 million to settle regulatory claims that it failed to disclose that it was pulling forward orders from future quarters, a practice that allowed it to meet Wall Street's revenue estimates......»»

The company reported a net loss of $286.9 million, or 19 cents a share, against expectations of a loss of 21 cents a share, according to analysts polled by FactSet. Snap’s revenue soared 66% to $770 million, beating estimates of $744 million......»»

Aphria reported revenue of $153.6 million and a $361 million net loss in the fiscal third quarter amid a COVID-19 related slowdown. Aphria Aphria stock fell as much as 15% on Monday after reporting sales and operat.....»»

Aphria reported revenue of $153.6 million and a $361 million net loss in the fiscal third quarter amid a COVID-19 related slowdown. Aphria Aphria stock fell as much as 14% on Monday after reporting sales and operat.....»»

Nvidia Corporation (NASDAQ: NVDA) estimates between $100 million and $300 million of its fourth-quarter revenue came from Ethereum (CRYPTO: ETH) miners, according to the company’s Chief Financial Officer Colette Kress, read more.....»»

Align reported $834.5 million in revenue during the fourth quarter, notching 28% year-over-year growth and beating analyst estimates by $40 million. An Invisalign installation procedure, Align's flags.....»»

Eventbrite Inc. shares were flat in after-hours trading Monday after the event-management services company reported fiscal first-quarter revenue and net income that missed Wall Street estimates. Eventbrite reported a loss of $146.5 million, or $1.71 a .....»»

Yelp Inc. shares fell 1.3% in the extended session Thursday after the company topped revenue estimates but reported wider-than-expected losses. The company reported a first-quarter net loss of $15.5 million, whi.....»»

Dish Network Corp. said Thursday it had net income of $73 million, or 13 cents a share, in the first quarter, down from $340 million, or 6.....»»

Ride-sharing firm Lyft reported a net loss of $1.31 per share and $955.7 million in revenue after markets closed Wednesday. The consensus estimates had called for a net loss of $0.64 per share and........»»

Jaguar Land Rover IBIS estimates that the global auto industry generates $4 trillion in annual revenue. The industry employs almost 5.7 million people. From dealerships to automakers .....»»

Orbcomm Inc. (NASDAQ: ORBC) reported a net loss of $7 million in its first quarter, which company officials attr.....»»

Orbcomm Inc. (NASDAQ: ORBC) reported a net loss of $7 million in its first quarter, which company officials attributed to "a difficult environment." read more.....»»