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Tag: taxes
California Will Raise Cannabis Taxes in January
SACRAMENTO – The California Department of Tax and Fee Administration (CDTFA) announced the state will increase the basis for excise tax on legal cannabis...
California’s Legal Cannabis Market Bogged Down by Black Market
BOULDER, Colo. – Cannabis industry market data research firms BDS Analytics and Arcview Market Research have released a new report titled California: Lessons from...
Jetty Extracts, PAX Labs Launch Fundraiser for California Wildfire Relief
OAKLAND, Calif. – The cannabis industry has a big heart that shows itself by making community outreach and contributing to those in need. In...
Canada to tax Cannabis Products Based on THC Content
Ottawa- Canadian authorities will be implementing a new system of assessing taxes on legal sales of cannabis edibles, topicals, and extracts.
Instead of taxing cannabis...
Wyden Bill Deschedules Cannabis, Ends 280E, Adds 25% Fed Excise Tax
WASHINGTON, D.C. – Senator Ron Wyden (D-OR) today introduced S. 420 as part of a bicameral package of legislation offered in tandem with fellow-Oregonian...
California, Michigan, Crack Down on Unlicensed Cannabis Retailers
SACRAMENTO–The deadline for unlicensed cannabis dispensaries, collectives, and co-ops to come into licensing compliance in California was January 9, and leaves hundreds of the...
Tarzana SWAT Operation at Cannabis Dispensary Finds No Suspects
TARZANA, Calif. – The investigation is ongoing into an hours-long SWAT operation that took place Monday at an unlicensed cannabis dispensary located in Tarzana, California.
According...
Cost of Business: A Look at how tax Rates Impact Cannabis Businesses in Legal...
Looking to open up a cannabis dispensary or a grow operation? Well, by now you likely know that it is not always easy to...
Elizabeth Warren, Cory Gardner Introduce The STATES Act
Washington D.C.–U.S. Senators Elizabeth Warren (D-Mass.) and Cory Gardner (R-Colo.) and U.S. Representatives David Joyce (R-Ohio) and Earl Blumenauer (D-Ore.) today introduced the Strengthening...
Cannabis Banking Bill Passes California Senate
SACRAMENTO, Calif. -- The California Senate has approved legislation that would set up a state bank to process cannabis business transactions.
Senators were mostly on the...