Latest In: marijuana taxes

marijuana taxes Minnesota marijuana minnesota marijuana sales minnesota marijuana taxes state taxes Tim Walz
Image of $100 bills growing out of soil like plants

Minnesota adult-use marijuana sales haven’t begun, but taxes already raised

It’s still uncertain when adult-use marijuana sales will begin in Minnesota, but when they do, customers will pay…

News June 12
280 280-E 280E Biden administration biden administration rescheduling cannabis marijuana banking marijuana rescheduling marijuana taxes rescheduling schedule 1 schedule 3
Image of a flag bearing the Drug Enforcement Administration logo sitting above the U.S. flag

Clock starts now as DEA publishes marijuana rescheduling proposal

The U.S. Drug Enforcement Administration on Tuesday published its formal proposal to reclassify marijuana as a less dangerous…

News May 21
ATB Capital Markets budget CANADA Canadian excise taxes Cannabis Council of Canada cannabis taxes excise tax Frederico Gomes Great Gardener Farms Kirk Tousaw marijuana taxes Pablo Zuanic Paul McCarthy taxes Tilray Brands
Image of Parliament Hill in Ottawa, Ontario, Canada

Canada’s cannabis industry prays for tax reform in federal budget

Canada's Liberal government unveils its 2024 budget on Tuesday, and the country's cannabis industry wants one thing above…

News April 15
cannabis taxes marijuana taxes Section 280E
Image of a calculator, pen and eyeglasses sitting on tax forms

Rescheduling marijuana would liberate plant-touching firms from Section 280E

If and when rescheduling becomes law, regulated marijuana business owners in the United States would enjoy an enormous…

News December 4
california cannabis taxes Department of Cannabis Control local taxes marijuana taxes san luis obispo county state taxes
Image of $100 bills swirling into a tunnel

California cities, counties cut marijuana taxes to aid struggling companies

An increasing number of county and local elected officials across California are acknowledging a longtime cannabis industry grievance…

News August 22
cannabis capital cannabis social equity marijuana taxes mjbizcon Section 280E The Emjays
Image depicting social equity and diversity

Opinion: The 5 biggest problems faced by cannabis social equity founders

Social equity founders still face an uphill battle in the cannabis industry, despite policies specifically designed to level…

News July 14
cannabis taxes Connecticut Gov. Ned Lamont marijuana taxes tax credits tax deductions
Image of Connecticut state capitol building

Connecticut repeals marijuana investor tax credit, permits new tax deductions

Connecticut is repealing a program that provided a tax credit to marijuana industry angel investors while changing its…

News June 7
280E beau whitney cannabis taxes irs marijuana business taxes marijuana taxes Section 280E Whitney Economics
Image depicting marijuana business taxes

Marijuana industry overpaid $1.8 billion in federal taxes in 2022, analysis shows

Marijuana companies paid more than $1.8 billion in federal taxes in 2022 compared to non-cannabis businesses as a…

News May 8
adult-use cannabis sales Alaska california Cannabis tax cannabis taxes colorado illinois Marijuana tax marijuana taxes michigan Nevada new jersey new mexico new york Urban Institute & Brookings Institution's Tax Policy Center washington
Chart showing the state taxes paid on a hypothetical purchase of marijuana

Alaska ranks highest, New Jersey lowest in adult-use marijuana taxes, report says

Alaska's recreational marijuana taxes are the highest in the country, and New Jersey's are the lowest. That's according…

News December 14
MJBizCon Logo