Latest In: cannabis taxes

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New IRS Audits in Colorado Worry Cannabis Companies

By John Schroyer The Internal Revenue Service has begun probing the large cash transactions of dozens of Colorado…

News July 12
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Possible landmark marijuana tax trial starts Monday

By John Schroyer Henry Wykowski scored a big victory for the cannabis industry last month after the Department of…

News June 2
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Tax Shift in Washington State Could Ease Burden on Businesses, Lower Cannabis Prices

By John Schroyer A big change is afoot for Washington State’s recreational marijuana industry. On Tuesday, Gov. Jay…

News July 2
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Oregon Could Levy 20% Sales Tax on Recreational Marijuana

Cannabis businesses in Oregon could pay up to 20% in state and local sales taxes on recreational cannabis…

News June 9
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IRS Taking Tough Stance Against MJ Businesses Without Bank Accounts

The Internal Revenue Service has no sympathy for marijuana companies that can’t find bank accounts, it seems. An…

News February 17
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Oregon Cities Pushing for Power to Tax, Ban Cannabis Sales

As it was originally passed last November by Oregon voters, Measure 91 legalizes recreational marijuana and allows the…

News February 5
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Colorado Rec Tax Structure Safe for Now

Taxing recreational marijuana sales is a tricky business, as a Denver judge pointed out in an initial ruling…

News August 25
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Moody’s: WA Rec Sales Could Fall Short of Projections

Initial recreational cannabis sales in Washington State could fall “well short” of expectations due to high tax rates,…

News July 23
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4% Surcharge, Sales Tax on Massachusetts MMJ Proposed

Medical marijuana dispensaries in Massachusetts would be subject to a 4% surcharge on revenues under a plan introduced…

News May 22
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