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Tag Archive: taxes

California’s Cannabis Tax Yields Surge, Overtaking Washington As Top Revenue Generator

California’s cannabis tax revenue overtook Washington’s for the first time in the first half of this year, according to Impact Databank. Continue reading →

Posted in News on October 8, 2019

California’s Cannabis Tax Revenues Accelerate

California’s legal cannabis industry ramped up in the second quarter, with the state’s cannabis tax revenue rising 19% compared to the previous quarter. Continue reading →

Posted in News on August 27, 2019

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

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