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 following blog post was drafted by longtime NORML activist Chris Goldstein. The first hearing on the future of adult-use ... Read More

Is Medical Marijuana Tax Deductible? IRS Provides Clarity

With tax season upon us, confusion over whether medical marijuana is tax-deductible has come up.

The post Is Medical Marijuana Tax Deductible? IRS Provides Clarity appeared first on The Fresh Toast.

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.

From Slaughter To Sativa: Livestock Farmers Are Switching To Cannabis

The profits from livestock can be a fraction of the earning potential of cannabis.

The post From Slaughter To Sativa: Livestock Farmers Are Switching To Cannabis appeared first on The Fresh Toast.

New York is looking at major revenue from cannabis sales over the next six years according to Governor Kathy Hochul.

The post New York Predicts $1.25 Billion in Pot Tax Revenue Over Six Years appeared first on High Times.

Although the final total for marijuana sales in 2021 has yet to be released, the state reported that Colorado broke ... Read More

Facing a possible industry revolt over California cannabis tax structure, Gov. Gavin Newsom on Monday signaled that he is open to rethinking the taxes the state levels on marijuana growers and purchases. The governor included in a budget proposal he released this week that he “supports cannabis tax reform and plans to work with the Legislature to […]