Tag: taxes
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...
Nevada Dispensaries Set New Monthly Sales Record
Carson City, Nevada- Nevada dispensaries experienced their biggest month of sales earlier this year.
According to the Department of Taxation, Nevada dispensaries sold over $41...