Taxes from recreational cannabis sales lend a huge helping hand to ten community colleges throughout the state of Arizona.

The post Cannabis Tax Revenue Provides $31 Million to Arizona Community Colleges appeared first on High Times.

The days ahead are looking brighter for seniors in need of medical marijuana in DC and it is sure to get better. With lesser restrictions, more seniors can easily procure the products whenever the need arises. Self-certification also helps to reduce associated costs with no need for recurring visits to see a doctor. Advocates and cannabis reform loyalists are still pushing for more changes but this is a step in the right direction.

Stifling taxes in California's cannabis system threaten to push legacy growers out of business. That could erase a major part of cannabis history.

The post Why does Northern California’s craft cannabis face potential ruin? appeared first on Leafly.

The cannabis industry added 77,300 jobs last year, a 32% gain over 2019—despite a pandemic and economic recession.

The post The US cannabis industry now supports 321,000 full-time jobs appeared first on Leafly.

I’ve written a couple of times about the ongoing struggle that is the California cannabis tax situation, and I was recently on a great panel about the future of cannabis taxes in the country. California cannabis taxes are some of the highest in the U.S.. The situation seems to be, thankfully, evolving for the better

The post SB 1074: California Cannabis Taxes Overhaul appeared first on Harris Bricken Sliwoski LLP.

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 taxes to local taxes to sales taxes to THC taxes, states with legal policies are going crazy to bring in as much tax money as possible, no matter how […]

The post Massachusetts Rakes It In With Cannabis Taxes, More Than Alcohol appeared first on CBD Testers.

The government of Massachusetts has revealed that it is generating more tax revenues from its marijuana industry than its alcohol sector. The state disclosed that it made $74 million in the 2020–2021 fiscal year, whereas the alcohol industry brought in less than $55 million for the entire year. Note that these revenues do not include the sales tax; they are generated from excise taxes on the products.

The first scientific mention of the weed dates back to 1542 when the German botanist Leonard Fuchs placed a new object called Cannabis sativa on the pages of his book Description of Plants. However, the history of hemp cultivation had begun long before the discovery of Fuchs, as early as 2350 BC. The ancient Egyptians used cannabis for medical and household purposes. The oldest medical prescription dates back to 1700 BC and presents a recipe for eye ointment. Just like our ancestors, we can buy delta 8 THC legally today because cannabis remains an extremely important herb in medicine.

I started as a lawyer in the cannabis industry in 2010. Twelve years in there has been immense progress and maturation at the business level for cannabis licensees. This post is dedicated to the top ten list of which arrows all cannabis companies, regardless of state, size, culture, or market share, must have in their

The post Ten “Must Haves” for Cannabis Businesses in 2022 appeared first on Harris Bricken.

Last week, I participated on a great panel about current and future cannabis taxes called “Solving the Cannabis Tax Puzzle: Approaches for an Emergent Industry” hosted by Ohio State University Moritz College of Law’s Drug Enforcement and Policy Center and the Center for New Revenue. The panel covered current and future cannabis taxes from a

The post Current and Future Cannabis Taxes appeared first on Harris Bricken.