Browsing: Tax

When it comes to cannabis regulation, California has long been an example for others to follow. It was one of the first places in the world…

Michigan lawmakers are moving ahead with a plan to impose a 24% wholesale tax on marijuana, a move the cannabis industry warns could “decimate” the state’s…

Montana Gov. Greg Gianforte (R) signed a law directing about $12 million of annual tax revenues from cannabis sales into a “habitat legacy account,” Public News…

California is set to raise the state’s cannabis industry tax from 15% to 19% — a 24% hike — starting July 1 under a plan being…

The Missouri Department of Health and Senior Services (DHSS) last week transferred more than $23.3 million in funds from adult-use cannabis sales to agencies outlined in…

Ohio officials say they are withholding cannabis derived tax funds from municipalities because the voter-approved legalization law did not include the appropriation of funds to cities,…

The San Diego City Council voted Monday to increase the cannabis tax paid by licensed cannabis businesses in the city from 8% to 10%, The San…

Officials from the Nevada Cannabis Compliance Board (CCB) said Tuesday during a presentation to state lawmakers that illicit cannabis sales in Nevada have grown to a…

The New Jersey Cannabis Regulatory Commission (CRC) has collected over $6 million in cannabis social equity excise fees but the state has yet to allocate any…

Michigan Gov. Gretchen Whitmer (D) is proposing including cannabis products in the state’s wholesale tax – which is applied to other smoking products like tobacco –…