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Video: Envisioning Psychedelic Prescription Medicine in Europe: A Science Vision Quest | Chacruna Institute

Video: Envisioning Psychedelic Prescription Medicine in Europe: A Science Vision Quest | Chacruna Institute

 

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Tax Foundation Article: Consumption Tax Policies in OECD Countries

Tax Foundation Article: Consumption Tax Policies in OECD Countries

This article is well worth a read to understand global consumption tax policies by OECD nations. Yes it does touch on cannabis but more importantly it’s a great piece of…

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State Auditor Kathy McGuiness: Delaware Could See $43 Million Annually from Regulating, Taxing Marijuana for Adult Use

State Auditor Kathy McGuiness: Delaware Could See $43 Million Annually from Regulating, Taxing Marijuana for Adult Use

DOVER, DELAWARE – State Auditor Kathy McGuiness released a report today showing that Delaware could realize more than $43 million in annual tax revenue from the regulation and taxation of legal…

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Article: 7 Reasons Accounting Firms Should Embrace Cannabis Clients in a Post-COVID World

Article:  7 Reasons Accounting Firms Should Embrace Cannabis Clients in a Post-COVID World

It’s time for accounting professionals to embrace the cannabis industry. As accountants, we have the opportunity to be at the forefront of this exciting industry growth and have the ability…

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Cannabis taxes fund $31.4 million in state grants to groups helping poor communities

Cannabis taxes fund $31.4 million in state grants to groups helping poor communities

The Chicago Sun Times reports The grants, which go to 81 community organizations, result from the law legalizing adult-use marijuana in Illinois. It requires 25% of pot tax revenues help…

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Tax Foundation: New York Governor Proposes THC-based Tax on Recreational Marijuana

Tax Foundation:  New York Governor Proposes THC-based Tax on Recreational Marijuana

Lots of reports on the issue. This is the one with the most insight The Tax Foundation reports   In his fiscal year 2022 budget proposal unveiled this week, New York…

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Hemp Banking, CBD Banking, and Cannabis Banking: What’s The Difference?

Hemp Banking, CBD Banking, and Cannabis Banking: What’s The Difference?

Hemp and cannabis are technically the same plant, but in the eyes of the law, they couldn’t be more different. Legally, hemp is defined as Cannabis sativa L. containing 0.3% or less…

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CBD Banking: Three Trends and Predictions for 2021

CBD Banking: Three Trends and Predictions for 2021

The world of banking Cannabidiol (CBD) businesses is a chaotic one. Despite the legalization of hemp and hemp-derived products under the 2018 Farm Bill, CBD products for both human and…

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Michigan: Report calls for new cannabis taxes to help promote minority ownership

Michigan: Report calls for new cannabis taxes to help promote minority ownership

The Detroit Free Press reports LANSING — An advisory group is recommending new taxes on marijuana sales to raise millions of dollars that would be used to improve diversity and help disadvantaged…

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Oregon: Procedural errors to delay cannabis tax in Grant County

Oregon: Procedural errors to delay cannabis tax in Grant County

The Blue Mountain Eagle reports….Grant County will have to wait before collecting marijuana tax revenue. Although county voters approved a 3% tax on marijuana products in the November election, Grant…

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USA: Tax Foundation – Several States Considering Legal Recreational Marijuana

USA: Tax Foundation – Several States Considering Legal Recreational Marijuana

This article contains a chart Potential Recreational Marijuana Excise Tax Revenue by State Based on Average Taxes Paid per Marijuana User in States with a Market for a Minimum Three…

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