The closure of licensed cannabis retailers and the shrinking regulated market, with consumers reverting to the illicit market, is distressing. There's hope that reclassifying...
MJ BIZ reported recently that California state officials have stated that approximately 94% of cannabis excise taxes owed by marijuana firms have been paid....
For the last few decades, purchasing and consuming cannabis legally was always a dream. Now more countries are opening their borders to cannabis enthusiasts,...
For the first time since opening their individual commercial retail operations for adult use, five of the country's oldest marijuana marketplaces are seeing year-over-year...
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
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
Here’s what they say Legalizing cannabis for adults has been a wise investment. Since 2014 when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. As of December 2021, states reported a combined total of $10.4 billion in tax revenue […]
In the USA, we saw the simultaneous conflict between state and federal law, and the benefit of legalisation for different state economies. In the Netherlands and Spain, there was a half-hearted attitude towards legalisation. As for Uruguay? Full legalisation without proper preparation. Everybody did it a little differently — so is there a best way to do it?
Due to coronavirus, what normally would have been a pretty robust legislative session in the California Assembly for new cannabis bills was generally...