Cannabis Tax Intel

Massachusetts marijuana excise tax revenue exceeds alcohol for first time

Massachusetts marijuana excise tax revenue exceeds alcohol for first time

WCVB reports Since adult-use retailers opened in Massachusetts in November 2018, gross total sales have now reached $2.54 billion, according ...
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Arizona: Maricopa community colleges get $17.1M from cannabis tax in first year of legalit

Arizona: Maricopa community colleges get $17.1M from cannabis tax in first year of legalit

PHOENIX — Taxes from the sale of recreational cannabis during the first year of legality in Arizona resulted in millions ...
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NY Post Report: Gov. Hochul’s budget projects $1.25 billion in revenue from cannabis sales over 6 years

NY Post Report: Gov. Hochul’s budget projects $1.25 billion in revenue from cannabis sales over 6 years

NY Post writes New York is set to reach new highs starting in 2023 — thanks to legalized pot. The ...
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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Here's what they say Legalizing cannabis for adults has been a wise investment. Since 2014 when sales began in Colorado ...
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Sonoma County Board of Supervisors Debating Offering Tax Relief To Local Growers

Sonoma County Board of Supervisors Debating Offering Tax Relief To Local Growers

The Sonoma County Board of Supervisors has signaled its interest in offering tax relief to local cannabis cultivators, who have ...
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Cannabis Tax Revenue Eyed for Universal Basic Income In Rochester, NY

Cannabis Tax Revenue Eyed for Universal Basic Income In Rochester, NY

Rochester, New York’s mayor-elect Malik Evans has proposed using cannabis taxes to bolster a universal basic income program for his ...
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Illinois Collects Nearly $100 Million More From Marijuana Tax Revenue Than Alcohol In 2021, State Data Shows

Illinois Collects Nearly $100 Million More From Marijuana Tax Revenue Than Alcohol In 2021, State Data Shows

Marijuana Moment has the story Illinois has generated almost $100 million more in tax revenue from adult-use marijuana sales than ...
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Alaska marijuana grower faces criminal charge for alleged unpaid tax

Alaska marijuana grower faces criminal charge for alleged unpaid tax

Fairbanks marijuana cultivation facility facing criminal charges after failing to pay nearly $700,000 in taxes A marijuana cultivation facility in ...
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Montana: Ordinance committee to recommend pursuing 3 percent recreational marijuana tax

Montana: Ordinance committee to recommend pursuing 3 percent recreational marijuana tax

Libby’s ordinance committee agreed last week to lobby county officials for an additional tax on recreational marijuana even as the ...
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New York: Proposed law would allow cannabis firms to deduct business expenses

New York: Proposed law would allow cannabis firms to deduct business expenses

A proposed measure in the state Senate would allow adult-use cannabis firms in New York to deduct business expenses when ...
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Video: PBC Interview Series with IRS Commissioner SB/SE Examination De Lon Harris About Cannabis Taxation

Video: PBC Interview Series with IRS Commissioner SB/SE Examination De Lon Harris About Cannabis Taxation

Joshua Radbod, Co-Founder & CEO of the PBC Conference, interviews De Lon Harris, Commissioner of the Small Business / Self ...
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CA: Sonoma County supervisor wants ‘review’ of cannabis cultivation tax

CA: Sonoma County supervisor wants ‘review’ of cannabis cultivation tax

Following a local industry stir prompted by the state’s threat to raise cannabis cultivation taxes, Sonoma County Supervisor James Gore ...
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