The federal government keeps 25 per cent of the tax revenue and gives the remaining 75 per cent to the provinces — with the expectation that the provinces will then hand over 25 per cent of the total to municipalities.

Although marijuana is illegal under federal law, cannabis businesses in the United States still pay federal taxes on gross income. They are not allowed any deductions or credits for business expenses, by law, which can mean an effective federal tax rate as high as 90%.

Pat Oglesby a North Carolina lawyer and the founder of the Center for New Revenue, a tax policy nonprofit writes…. “Both Canada’s and Blumenauer–Wyden’s plans are state of the art: Split the supply chain early. Tax what’s to be sold raw by the gram. Tax concentrates by THC content. Don’t tax too much. Meanwhile, allow modest local taxes on retail sales, so long as they don’t drive business to the jurisdiction next door—or back to unlicensed dealers.”

CFAMM president and CEO Gerald Major writes, ” Medical cannabis is medicine, and, in Canada, we don’t tax medicine. Removing the sales tax would be consistent with how we treat other prescription medicines, and we will continue to advocate for all taxes to be removed from medical cannabis. “

Leafly have produced a report. Apparently Washington are still ahead of California

It’s tax time for everyone, but for entrepreneurs in the rapidly growing cannabis business, it’s a particular challenge. That’s because they are confronted with the issue of filing taxes for a federally illegal market, even though it’s perfectly legal in the state in which they do business.

BOSTON – House leadership rolled out a $42.7 billion budget for fiscal year 2020 on Wednesday, a spending plan that largely mirrors Gov. Charlie Baker’s proposal but eschews his revenue-raising ideas like new taxes on vaping and opioid manufacturers.

The city’s Economic Development and Finance Committee voted on Tuesday, April 9, to recommend to the City Council that it look into creating a 24-month pilot program that would, during that time, lower the tax rate for Long Beach’s non-retail cannabis operations. Those operations include cultivation, manufacturing, distribution and laboratory testing.