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Tag Archive: taxes

Cannabis Tax Revenues On A Steep Rise In Early-Legalizing States

Less than five full years since recreational marijuana became fully legal in Washington state, tax collections have exceeded $1 billion cumulatively, according to Impact Databank. Continue reading →

Posted in News on March 5, 2019

New Jersey Legalization Effort Makes Headway

After months of stalled negotiations, New Jersey’s push to legalize recreational cannabis is again moving forward. Continue reading →

Posted in News on February 26, 2019

Cannabis Briefs for February 26, 2019

•The Napa Valley Cannabis Association is planning a ballot initiative to allow cannabis cultivation, which has been delayed by the county Board of Supervisors’ repeated extension of an emergency moratorium on the issue. Continue reading →

Posted in News on February 26, 2019

Cannabis News Briefs for January 29, 2019

•Non-profit, non-partisan thinktank The Institute on Taxation and Economic Policy has released a report analyzing cannabis sales data and tax revenue in states permitting recreational sales. Continue reading →

Posted in News on January 29, 2019

New York Governor Details Cannabis Legalization Plan

New York Governor Andrew Cuomo detailed specifics of his plan to legalize recreational marijuana yesterday in conjunction with his State of the State address. Continue reading →

Posted in News on January 16, 2019

U.S. Treasury Nixes “Excise Drawbacks” For Alcohol Producers

Wine and spirits producers are set to see a key tax break eliminated, with the U.S. Treasury Department moving to close what it sees as a loophole for drinks importers. Continue reading →

Posted in News on December 19, 2018

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