Search results for "tax revenue"
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Economics
US Adult-Use Marijuana Tax Revenue Exceeds $3.7 Billion in 2021
April 27, 2022Sales of adult-use marijuana generated more than $3.7 billion in tax revenue for states that have...
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Politics
One City Is Funding ‘Reparations’ With Cannabis Tax Revenue
December 6, 2019The Chicago suburb of Evanston has become the first city in the United States to put...
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Economics
Colorado Has Hit $1 Billion in Tax Revenue Since Marijuana Was Legalized
June 13, 2019New numbers show Colorado is taking in more money than expected when it comes to cannabis...
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Economics
Colorado’s Pot Tax Revenue for Schools Already Surpasses All of 2014
July 16, 2015Colorado’s educational system continues to benefit the most from the legalization of cannabis. The latest statistics...
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Joint Opinions
Recreational Tax Revenues Should Subsidize Medical Cannabis Users
April 25, 2014If we legalize recreational cannabis, in any jurisdiction, at what rate will it be taxed? How...
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Politics
Colorado Governor Plans to Spend Tax Revenue on Anti-Marijuana Campaigns
March 7, 2014Colorado Governor John Hickenlooper told the Durango Herald “I hate Colorado having to be the experiment… we should...
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Current Events
Week in Review: Denver Hits Half-Billion Mark in Cannabis Taxes
October 28, 2023ICYMI: Catch up on the week’s latest news from across the cannabis spectrum.
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Economics
Cannabis Firms Seek Freedom from Heavy Tax Burden
October 19, 2023IRS rule 280E forces cannabis companies to pay an effective tax rate of up to 70%.
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Economics
California Cannabis Taxes Cut; Prices Likely to Stay the Same
July 1, 2022California’s legal cannabis industry received some badly needed tax relief, but lawsuit threats, a political shell...
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Sponsored
Taxation’s War on Cannabis
February 5, 2021A recent U.S. 9th Circuit Court of Appeals case could have a significant impact on the...
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Medical
Illinois: More People Apply for Medical Marijuana To Avoid Paying High Taxes
January 27, 2020With the launch of the recreational cannabis market in Illinois comes changes for medical users.
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Legal
Judge Rules Harborside Owes Back Taxes
October 27, 2019A court has issued a landmark tax ruling against the pioneering dispensary, but an appeal will...
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Economics
California After-School Programs Still Waiting on Marijuana Taxes
July 25, 2019Legal cannabis was set to fund youth education, but that hasn’t happened yet.
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Economics
Thank You For Toking: How Cannabis Taxes Help Colorado’s Schools
February 1, 2019Cannabis tax revenue means all Coloradans, particularly school children, are benefiting from legalization.
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Economics
California Cities Are Banking on Cannabis Taxes, But How Much Is Too Much?
July 30, 2018Oakland has raked in almost five times as much marijuana tax revenue as similarly sized cities...
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Cannabis
Canada Introduces ‘Sin Tax’ on Medical Marijuana
March 5, 2018In Canada’s new federal budget, the country set up a tax framework that would tax adult-use...
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Economics
$30 Million and Counting: Nevada’s Pot Tax Jackpot
March 4, 2018The Nevada adult-use cannabis market has only existed for half a year, but sales have already...
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Cannabis
Canopy Taxes: When Cannabis Growers Are Taxed For Ruined Crops
November 29, 2017Many municipalities looking to capitalize on the cannabis industry have considered or passed “canopy taxes,” which...
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Economics
Colorado’s Legal Cannabis Revenue Hits the $500 Million Mark
July 21, 2017Colorado started collecting taxes from the sale of legal cannabis in 2014. This month, the state's...
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Economics
Denver FBI Honors Youth Program Partly Funded by Pot Taxes
March 14, 2017DENVER (AP) — The Denver FBI honored a youth dropout prevention group Thursday, apparently without realizing...