cannabis tax

New Report Shows Colorado Cannabis Tax Revenue Exceeds Tobacco, Alcohol

The Colorado Legislative Council Staff (LCS), described as the “nonpartisan research arm of the Colorado General Assembly,” released a report…

1 year ago

Ohio Cannabis Legalization Initiative Approved For November Ballot

The Ohio-based advocacy group known as Coalition to Regulate Marijuana Like Alcohol (CRMA) got a citizen-initiative approved to legalize cannabis…

1 year ago

California Agency Awards Over $50 Million in Cannabis Tax Funds to 31 Organizations

The California Governor’s Office of Business and Economic Development (GO-Biz) announced that it is once again giving a handful of…

2 years ago

Cannabis Industry Paid $1.8 Billion in Excess Taxes in 2022

According to data from the cannabis research firm Whitney Economics, the cannabis industry paid an excess of $1.8 billion in…

2 years ago

New York Governor Signs Legislation To Reign In Illicit Weed Market

New York Governor Kathy Hochul on Wednesday signed legislation to reign in the state’s illicit marijuana market that includes penalties…

2 years ago

Montana Lawmakers Approve Cannabis Tax Bill

Montana lawmakers on Monday passed a bill to allocate revenue from taxes on recreational marijuana, sending the bill to the…

2 years ago

New Report From Marijuana Policy Project Examines Eight Years of Cannabis Tax Revenue

The Marijuana Policy Project (MPP) released a report on May 1 with data regarding cannabis tax revenue generated by states…

2 years ago

House Lawmakers Introduce Bipartisan Cannabis Business Tax Relief Bill

Oregon Representative Earl Blumenauer this week introduced legislation in the U.S. House of Representatives that would allow regulated cannabis companies…

2 years ago

Connecticut Bill Would Allow State Tax Deductions for Cannabis Businesses

A bill pending before Connecticut state lawmakers would allow businesses in the state’s nascent cannabis industry to take tax deductions…

2 years ago

Arizona Advances Bill To Make Medical Cannabis Available to Patients with PTSD, Autism

A bill that would expand the list of qualifying conditions for medical cannabis and lower the cost of the treatment…

2 years ago