All posts tagged "taxes"

Current Events

Week in Review: Denver Hits Half-Billion Mark in Cannabis Taxes

ICYMI: Catch up on the week’s latest news from across the cannabis spectrum.

Economics

California Cannabis Taxes Cut; Prices Likely to Stay the Same

California’s legal cannabis industry received some badly needed tax relief, but lawsuit threats, a political shell...

Economics

California Cannabis Operators Warn of Possible Industry Collapse

California’s licensed cannabis businesses are warning state leaders that high taxes and competition from the unregulated...

Sponsored

Taxation’s War on Cannabis

A recent U.S. 9th Circuit Court of Appeals case could have a significant impact on the...

Medical

Illinois: More People Apply for Medical Marijuana To Avoid Paying High Taxes

With the launch of the recreational cannabis market in Illinois comes changes for medical users.

Economics

California’s Underground Market Is Nearly 3 Times Larger Than Legal Market

A new report details the highs and lows of California’s cannabis industry since the state launched...

Economics

Taxing Based on THC: What It Means for Concentrates

Most states tax cannabis products based on weight, but one state has recently decided to tax...

Economics

The IRS Has a New Weapon in Its War on Weed

With the introduction of a new policy that targets cannabis lobbying and nonprofit advocacy groups, the...

Cannabis

Canada Introduces ‘Sin Tax’ on Medical Marijuana

In Canada’s new federal budget, the country set up a tax framework that would tax adult-use...

Cannabis

Canopy Taxes: When Cannabis Growers Are Taxed For Ruined Crops

Many municipalities looking to capitalize on the cannabis industry have considered or passed “canopy taxes,” which...

Economics

Colorado’s Legal Cannabis Revenue Hits the $500 Million Mark

Colorado started collecting taxes from the sale of legal cannabis in 2014. This month, the state's...

Economics

Colorado Gov. Proposes 50% Cannabis Tax Increase

Colorado has made headlines nationwide for its rapid accumulation of cannabis tax revenue. But the state's...

Economics

Tax Code 280E: The Dagger Pointed at the Heart of Medical Cannabis

Near the end of 2015, in the case of Canna Care Inc v. Commissioner, Internal Revenue Service...

Economics

After One Year of Retail Sales, Washington Rakes In Over $70 Mil in Taxes

On July 8, 2014, recreational marijuana dispensaries opened in Washington state. Now, nearly a year later,...

Economics

Medical States Set to Cash in Millions In Cannabis Sales Taxes From 2013

Everybody has to pay the “Tax Man”. As we begin to prepare our taxes, so are...