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 on Aug. […]
Category: cannabis tax
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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 cultivation, manufacturing, […]
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 grants to […]
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 additional taxes […]
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 for unlicensed […]
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 desk of […]
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 with legalization. […]
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 to take […]
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 commonly enjoyed […]
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 was approved […]