Articles tagged with "taxes"

Do you have a Department of Public Health-issued medical marijuana ID card? If so, you’ve just gotten out of paying state tax on cannabis until 2018.

At least initially, Alaska’s legal cannabis businesses will have to make tax payments to the state by dropping off or mailing bundles of cash.

The Oregon Liquor Control Commission is struggling to keep up with the cash deliveries from cannabis business owners paying their taxes.

Michigan would tax medical marijuana in a tiered regulatory system that would explicitly authorize dispensaries.

A top official of the Oregon agency that accredits cannabis testing labs says it is overwhelmed — a situation that could derail the rollout of the state’s adult-use program.

Taxes on marijuana flowers would have ranged from $4.75 to $13.25 per ounce depending on the grower’s license.

Less than two weeks after L.A. County supervisors agreed to move forward with a 10 percent tax on cannabis businesses in order to fund homeless services, the proposal’s author wants to shelve the plan.

The proposal is raising eyebrows for a number of reasons, most notably because of banking restrictions for marijuana businesses.

How do you avoid criminal charges and minimize the reporting requirements? Here are five suggestions to keep you out of your local IRS auditor’s office.

After the first five months of the year, Colorado is on pace to reach $1 billion dollars in cannabis sales during 2016.