Browsing Tag
cannabis taxes
9 posts
Long Beach, California Tackles Stoned Driving with Safety Program
A $285,000 grant will be put to use to warn drivers in Long Beach about driving stoned or under the influence of other drugs.
December 19, 2023
Arkansas Medical Cannabis Sales Tax Funds School Lunches for Kids
Cannabis tax money in Arkansas is helping target food insecurity for children, with lunches either free or affordable at a low-cost.
December 14, 2023
Nova Scotia Medical Cannabis Advocate Targeted by Canada Revenue Agency
The Canada Revenue Agency claims that Chris Enns didn’t pay $2.5 million in taxes between 2012-2014.
December 13, 2023
Executives Re-Enact Boston Tea Party To Protest Cannabis Tax Rule
A demonstration in Massachusetts on Wednesday re-enacted the Boston Tea Party to protest IRS rules that unfairly tax cannabis businesses.
July 14, 2023
New Jersey Governor Signs Bill Extending Tax Deductions to Cannabis Companies
New Jersey Gov. Phil Murphy has signed legislation to separate state tax law from federal regulations that deny standard tax deductions for cannabis businesses.
May 11, 2023
New York Predicts $1.25 Billion in Pot Tax Revenue Over Six Years
New York is looking at major revenue from cannabis sales over the next six years according to Governor Kathy Hochul.
January 21, 2022
California Governor Expresses Support for Marijuana Tax Reform
California is open to cannabis tax reform so that the state can push back against the black market, but not everyone agrees.
January 12, 2022
Petition Seeks Help Protecting Small Cannabis Farmers in the Emerald Triangle
Lend your support to legacy growers in in Northern California by signing the petition, 'Save the Emerald Triangle Legacy Cannabis Farmers.'
January 12, 2022
IRS Commissioner Shares Recommendations for Cannabis Businesses
In a move that makes cannabis history, official recommendations are available from the IRS for the cannabis industry.
December 9, 2021