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Tag: Marijuana Tax

Colorado MED Serves Notice on Hemp-Derived THC

COLORADO – On Friday April 12th, the Marijuana Enforcement Division (MED) released a Notice informing the industry of “multiple allegations” of licensees illegally bringing...

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How Does the Tax Revenue from Marijuana Sales Help Your Community? Schools, Road Repair, Treatment Centers and More!

Where do marijuana taxes actually go? Taking a deep dive into Colorado, a state that has had legal cannabis sales for over a decade,...

Oregon Cannabis Round-Up: Chalice Receivership, New Tax Rules, New Laws

It’s been an eventful month in Oregon cannabis. Below are some early summer notes on three things we’ve been doing and watching and writing...

History of the U.S. Cannabis Industry and Cannabis Business Licenses | Cannabiz Media

In April 2023, only 10 states* in the United States do not have a regulated program for legalized medical and/or recreational cannabis use and...

State to distribute $59.5 million in marijuana tax revenue to communities, counties

<a href="https://s43098.pcdn.co/wp-content/uploads/2023/03/jars-main_i_0.jpeg" data-caption="Last year, Michigan’s legal marijuana industry sold more than $1.8 billion in product, resulting in the collection of $198.4 million in tax...

Cannabis Market Crash Fallout – Cities and Towns Brace for Plunging Tax Revenue from Weed Sales

The anticipated decline in tax revenues from cannabis sales in cities like San Diego is causing concern among city officials, who are bracing for...

What Went Right, What Went Wrong, And What Went Sideways: 2022 In Cannabis

By John SchroyerThe past 12 months have been many things for the cannabis industry, but uneventful is not one. Since December 2021, the U.S....

How Much Weed Is Illinois Selling To Indiana

By Lydia KariukiIn 2021, Illinois sold cannabis worth $1.3 billion to out-of-state customers, accounting for 32% of total weed sales. It is believed that the Hossiers...

Doctors No Longer Needed For Seniors To Get Medical Marijuana In DC

Doctors No Longer Needed For Seniors To Get Medical Marijuana In DC

Mayor Muriel Bowser has signed a bill into law that will expand access to the District’s medical marijuana program in a series of ways.

The post Doctors No Longer Needed For Seniors To Get Medical Marijuana In DC appeared first on The Fresh Toast.

Is Medical Marijuana Tax Deductible? IRS Provides Clarity

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.

Colorado marijuana sales reached record $2.2B in 2021 | Colorado

(The Center Square) – Marijuana sales in Colorado set a record last year with more than $2.2 billion in sales, according ... Read More

After first month of sales, how will FWP split marijuana tax revenue?

BOZEMAN — As Montana wraps up its first month of recreational marijuana sales, the state is starting to see a ... Read More

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