Browsing Tag
cannabis tax
31 posts
New Jersey Cannabis Tax Revenue Provides $5 Million to Violence Prevention
The state program began in 2021 and helps fund violence intervention efforts by community-led organizations.
August 23, 2023
New Report Shows Colorado Cannabis Tax Revenue Exceeds Tobacco, Alcohol
The in-depth analysis explores the most recent data and how the funds are being shared between various Colorado government agencies and organizations.
August 21, 2023
Michigan Cannabis Sales Hit Record High, Profits Another Story
The Michigan Cannabis Regulatory Agency reports record-high revenue, but there is little profit to show for it.
August 21, 2023
Ohio Cannabis Legalization Initiative Approved For November Ballot
Valid ballot initiative signatures have been submitted, and “massive turnout” is expected this November for cannabis and abortion rights.
August 17, 2023
Santa Barbara County, California to Implement ‘Death Penalty’ Tax Rule
Cannabis license holders in Santa Barbara County must pay quarterly taxes or risk losing their licenses.
June 30, 2023
California Agency Awards Over $50 Million in Cannabis Tax Funds to 31 Organizations
The California Community Reinvestment Grants Program recently announced recipients for fiscal year 2022-2023.
May 31, 2023
Cannabis Industry Paid $1.8 Billion in Excess Taxes in 2022
Excess taxes are expected to increase in 2023.
May 11, 2023
New York Governor Signs Legislation To Rein In Illicit Weed Market
New York’s governor has signed legislation to address the state’s illicit cannabis industry, giving regulators new powers to assess civil penalties.
May 8, 2023
Montana Lawmakers Approve Cannabis Tax Bill
The Montana legislature has passed a bill to allocate revenue generated by taxes on recreational marijuana.
May 3, 2023