In line with worldwide oil prices spiking to over seven-year highs, jet fuel prices were boosted by 3.3 percent to all-time highs across the country on Tuesday. Following an unrelenting rise in global oil prices, this is the fifth hike […]
RICHMOND, Va.–(BUSINESS WIRE)–Altria Group, Inc. (Altria) (NYSE: MO) is participating in the virtual Consumer Analyst Group of New York Conference ... Read More
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
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 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.