Recent downturns in cannabis sales and loss of capital investments have revealed the industry’s dirty little…
NORML Report: Analysis: Marijuana Excise Taxes Yield Nearly $3 Billion in Revenue in Fiscal Year 2022
Washington, DC: Legal cannabis markets generated an estimated $2.8 million in excise taxes in fiscal year 2022…
Wolters Kluwer Article: California provides tax credits for cannabis businesses
California provides two new tax credits for cannabis businesses for tax years 2023 through 2027. One…
10 cannabis MSO’s owe the IRS a half-billion dollars says Green Market Report
GMR write If the companies—including Chicago-based Cresco Labs, Green Thumb and Verano—fully paid their federal tax…
Press Release: MGO launches “Cannabis IRS Tax Audit Survival Guide” to help cannabis industry operators prepare for and navigate the tax audit process
LOS ANGELES (PRWEB) SEPTEMBER 14, 2022MGO (Macias Gini and O’Connell LLP) has released the “Cannabis IRS Tax Audit…
New Mexico: New projections estimate $22.7 million in cannabis tax revenue
NM Political report After almost five full months of recreational-use cannabis sales in New Mexico, experts…
Accounting Today Article: Cannabis a budding niche for accountants
The cannabis industry has been attracting greater acceptance across the country as more states have legalized…
Harris Bricken: L.A. County Commercial Cannabis Tax Measure is Here
L.A. County commercial cannabis is finally coming in 2023. We covered the breaking news about L.A.…
https://www.amazon.com/gp/product/B0882DTZ3Y/ref=as_li_qf_asin_il_tl?ie=UTF8&tag=ihemp-20&creative=9325&linkCode=as2&creativeASIN=B0882DTZ3Y&linkId=4d8ab70983d3fb5e3148b14d997766c8
Illinois yields $445M in revenue thanks to adult-use cannabis
The state saw a 50% increase in total tax reported from adult-use cannabis this year, and…
Huntington Beach City Council contemplating cannabis tax, commercial legalization
OC Register reportThis fall, Huntington Beach voters could be asked to decide, yet again, on the…
Video News Report: Montana county cannabis taxes update
[embedded content] .is-form-id-95474 .is-search-submit:focus, .is-form-id-95474 .is-search-submit:hover, .is-form-id-95474 .is-search-submit, .is-form-id-95474 .is-search-icon { color: #ffffff !important; background-color: #ff0000…
As of 1 July No More Tax On NJ’s Medical Cannabis
Ganjapreneur reportNew Jersey’s medical cannabis taxes were officially phased out as of July 1 under the…
ILlinois Awards $45 Million In Cannabis Tax-Funded Grants To Support Communities Damaged By Drug War
.is-form-id-95474 .is-search-submit:focus, .is-form-id-95474 .is-search-submit:hover, .is-form-id-95474 .is-search-submit, .is-form-id-95474 .is-search-icon { color: #ffffff !important; background-color: #ff0000 !important; border-color:…
City of Monterey To Consider New Tax Proposals
The Monterey Herald MONTEREY — The city of Monterey could generate as much as $1.3 million…
CA: State authorities seize $200,000 from Eddie Alvarez’s Santa Rosa cannabis dispensary for unpaid taxes
State authorities seized about $200,000 in unpaid business taxes Thursday from a cannabis dispensary owned by…
New York: Kingston Creates its own nine-member “Marijuana Regulation and Taxation Act task force”
KINGSTON, N.Y. — Aldermen have agreed to move forward with the creation of an advisory group…