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Browsing: Taxes
The city of Denver, Colorado surpassed the half-billion mark for cannabis tax revenue and industry fees this summer, topping $501.5 million in August, Westword reports. The…
A Missouri cannabis company is suing the state claiming the sales tax stack on adult-use cannabis sales is unconstitutional, KSHB 41 reports. St. Louis County-based Robust…
Minnesota collected nearly $600,000 in tax revenues from cannabis-infused gummies and drinks last month, according to state Department of Revenue data outlined by CBS News. The…
Cannabis tax revenues in Colorado are outpacing those of cigarettes, and other tobacco and nicotine products, and alcohol, according to an August 16 analysis from the…
Every other weed headline is about Canada’s failing market; whether it targets the companies closing down, the dismissal of employees, or reporting major losses and restructuring…
It’s a subject that comes up a lot, yet with little done to show the powers-that-be understand, or are willing to make useful changes. According to…
According to data from the cannabis research firm Whitney Economics, the cannabis industry paid an excess of $1.8 billion in additional taxes in 2022 alone. And,…
When cannabis markets started opening, one of the more consistent factors in legislation was the advent of very large taxes, and in many forms. From excise…
On April 13th, I moderated a webinar about cannabis taxes called “IRS Enforcement of Cannabis Operators is Here – What Do We Do Now?“. Cannabis taxes…