MJ Biz report this week The Canadian federal government’s revenue service is ramping up pressure on…
Oregon will require dispensaries to prove they paid taxes – OLCC Director Reminds All That 90% Of Cannabis Businesses Pay Their Taxes On Time
New rules requested by Gov. Tina Kotek will take effect later this summer reports the Oregon…
Canada generated in CA$1.5 billion in cannabis tax, profit in 2021-22
MJ Biz reports Various levels of the Canadian government collected more than 1.5 billion Canadian dollars ($1.12…
New Jersey Allows Cannabis Businesses to Deduct Expenses on State Taxes
Under the new state law, the business subject to the corporation business tax will be allowed…
Bloomberg Article: Cannabis Companies Can Save Millions With One Tax Code Section
The burgeoning cannabis sector can reap significant tax advantages by using the qualified small business stock…
NORML report on Blumenauer (D-OR), Joyce (R-OH), Barbara Lee (D-CA), and Nancy Mace (R-SC) Cannabis Tax Bill
Members of the US House of Representatives introduced legislation today to help level the playing field…
Press Release: Blumenauer Introduces Commonsense Tax Reform to Remedy “grotesquely unfair treatment” of State-legal Cannabis Businesses
“State-legal cannabis businesses are denied equal treatment under 280E. They cannot fully deduct the cost of…
Encinitas advances proposed cannabis business tax ordinance
ENCINITAS — The City Council on April 12 unanimously approved the first reading of a proposed…
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Growers Say They’re Overtaxed Under Nevada Formula
MRR report Nevada’s marijuana growers say they are being overtaxed and on the brink of going…
Article: Marijuana Taxes Keep Black Markets Thriving
Twenty‐one states have legalized some amount of marijuana for recreational use, and sixteen more allow marijuana for medical…
Oregon Expects Large Decline In Cannabis Revenue
Oregon’s recreational marijuana market is saturated. The state has more retailers and production than most other…
California’s annual cannabis sales fell in 2022 for the first time since adult-use launch
Mj Biz Daily write Annual cannabis sales in California declined in 2022 for the first time…
San Diego supervisors set lowest cannabis tax rates in the county
Cannabis dispensaries in San Diego’s backcountry will pay some of the lowest taxes on such businesses…
New Jersey Senate Committee Approves Bills To Let Marijuana Businesses Claim State Tax Deductions As Partial 280E Workaround
Marijuana Moment reportsA New Jersey Senate committee approved a pair of bills on Thursday that would…
Missouri cannabis companies can now deduct business expenses on state income taxes
The Missouri Independent reportsMarijuana companies will be able to deduct business expenses on their state taxes…
Green Market Report: California Cannabis Industry Owes State a Quarter Billion Dollars in Taxes
With penalties and fees, the money owed to the state could top $500 million.The California cannabis…