Marijuana Tax
Illinois Recreational Cannabis Market Dipped to $34.2m in February
Recreational cannabis sales in Illinois dipped slightly to $34.8 million in February, according to new figures from the Department of…
Illinois Smashes Recreational Marijuana Tax Projections
The new legal adult-use marijuana industry in Illinois generated $10.5 million in tax revenue during the first month of trading.…
New Mexico Court Rules in Favour of Marijuana Tax Deduction
New Mexico could be left with a major hole in its budget after the Court of Appeals ruled that medical…
Oakland Approves Tax Break for Cannabis Businesses
Oakland City Council shrugged off opposition from Mayor Libby Schaaf to unanimously approve a tax break for the city’s largest…
Lawmaker Asks California to Justify Tax Hike
Assemblyman Tom Lackey has asked the California Department of Tax and Fee Administration to justify its decision to increase the…
California Cannabis Industry “Stunned and Outraged” by Tax Increase
Licensed cannabis businesses in California have been left “stunned and outraged” by the state’s decision to increase tax rates on…
San Diego Increases Revenue Through Controversial Marijuana Tax
San Diego enjoyed a $1.4 million sequential increase in marijuana tax revenue during the three months to June 30 after…
Nevada Receives Record Tax Revenue from Cannabis Industry
The state of Nevada earned more than $100 million in revenue from the cannabis industry during the 2018/19 financial year,…
Newly Elected Minnesota Governor May Turn Tides in Favour of Marijuana Legislation
Gov. Tim Walz, the incoming governor for Minnesota, may change the tide for marijuana legislation in the state, moving them…