Cannabis Tax Intel

Study: Minnesota missing out on millions in tax revenue by not taxing THC products

Study: Minnesota missing out on millions in tax revenue by not taxing THC products

The MN Star Tribune reports Analysis shows Minnesota could be reaping between $5 million and $46 million annually under current ...
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Press Release: MGO launches “Cannabis IRS Tax Audit Survival Guide” to help cannabis industry operators prepare for and navigate the tax audit process

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, 2022 MGO (Macias Gini and O’Connell LLP) has released the “Cannabis IRS Tax Audit Survival Guide.” This guide ...
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New Mexico: New projections estimate $22.7 million in cannabis tax revenue

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 say the initial revenue ...
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Accounting Today Article:  Cannabis a budding niche for accountants

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 medical and recreational marijuana, ...
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Harris Bricken: L.A. County Commercial Cannabis Tax Measure is Here

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. County commercial cannabis regulations here ...
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Illinois yields $445M in revenue thanks to adult-use cannabis

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 a good portion of ...
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Sacramento County Board of Supervisors Reject Cannabis Tax Initiative

Sacramento County Board of Supervisors Reject Cannabis Tax Initiative

Header Image .. Supervisors Don Nottoli and Sue Frost  .. who just say no The Sacramento County Board of Supervisors ...
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Huntington Beach City Council contemplating cannabis tax, commercial legalization

Huntington Beach City Council contemplating cannabis tax, commercial legalization

OC Register report This fall, Huntington Beach voters could be asked to decide, yet again, on the future of cannabis ...
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Cannabis Tax Policy and Libraries: A New Whitepaper From EveryLibrary Institute

Cannabis Tax Policy and Libraries: A New Whitepaper From EveryLibrary Institute

In its continuing series of whitepapers, the EveryLibrary Institute has created the “Cannabis Tax Policy and Libraries” whitepaper (July 2022) to help ...
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As of 1 July No More Tax On NJ's Medical Cannabis

As of 1 July No More Tax On NJ’s Medical Cannabis

Ganjapreneur report New Jersey’s medical cannabis taxes were officially phased out as of July 1 under the Jake Honig Compassionate ...
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NORML: California: Governor Signs Legislation Reducing Cannabis Tax Burden

NORML: California: Governor Signs Legislation Reducing Cannabis Tax Burden

Sacramento, CA: Democratic Gov. Gavin Newsom signed budget legislation late last week that reduces various marijuana-specific taxes. Specifically, the legislation eliminates the cultivation tax on ...
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