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Showing 97 articles for
taxes

California Cannabis Tax Revenue Approaches $1 Million per Day

Receipts from April through June total $74 million as legal industry expands.

Congressional Committee Discusses How to Legalize Cannabis

While lawmakers seemed to agree on the need to end cannabis prohibition, Wednesday’s hearing highlighted tensions between competing visions of what reform should look like.

Colorado Just Hit the $1 Billion Mark in Cannabis Tax Revenue

It used to go to illegal cartels. Now that money funds new school buildings, community health services, and drug abuse programs.

Las Vegas Cannabis Fees to Fund Homeless Services

Licensing fees will help fund emergency housing and services to teens and young adults who are homeless or at risk of becoming homeless.

Opinion: There’s a Better Way to Tax Legal Cannabis

How cannabis is taxed can determine whether legalization sinks or swims. It's about time for a better system.

Legalization Isn’t Enough: 10 Things Every New Cannabis Law Must Have

The "top 10 must-haves for any state cannabis legalization bill," according to Shaleen Title of the Massachusetts Cannabis Control Commission.

Canada Wants to Tax Your Cannabis Based on THC Content

Budget 2019 also upholds excise taxes on medical cannabis

California Made $300 Million on Legal Cannabis in 2018, and It’s Just Getting Started

The new revenue is equivalent to average salaries for an extra 4,000 teachers, or 3,500 additional police officers.

Are Cannabis Taxes Too Low? Some Economists Think So

Massachusetts taxes cannabis at 17%. In Washington, it's 37%. What's the 'Goldilocks' rate?

A Year of Recreational Cannabis in Nevada: Where Does the Tax Money Go?

Nevada took in nearly $113 million in tax revenue during the first year of recreational cannabis sales. We found out where all that money goes.

Vermont Panel to Propose 26% Tax Rate on Cannabis Sales

A Vermont panel plans to propose a 26% tax rate on cannabis sales once the state opens a legal, regulated market.

California Voters Advance Pro-Cannabis Governor, New Taxes

Lt. Gov. Gavin Newsom ascended to the Governor's mansion. Oakland voted to cut cannabis taxes.

Cannabis Taxes Go to Voters in Dozens of California Cities

San Francisco, Fresno and other cities ask voters to raise the cost of cannabis. Oakland rates could go down.

Phoenix City Council Kills Mayor’s Proposed Cannabis Tax

The proposed tax rate so steep that dispensary operators warned it could put licensed shops out of business.

California’s Cannabis Cities Reap Millions in Sales Taxes, the Rest Miss Out

Millions of cannabis sales tax dollars flow to select cities, while most California counties stay dry

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