Friday, January 28, 2022

taxes

New York Will Generate Over $1B In Marijuana Taxes, Government Officials Predict

Between now and 2028, the state could gather more than $1.25 billion from licensing fees and other taxes, according to estimates.

Here’s How Much Tax Revenue Has Been Collected From Legal Marijuana Sales In America

The U.S. federal government has left over $500,000,000 in tax revenue on the table by not legalizing marijuana at the federal level.

Step Aside Alcohol, There’s A New Weedy Vice King In Town

No one has been caught more off guard by the high demand for cannabis products than beer, wine and liquor companies.

Will Congress Pass Us A Canna-Tax ‘Hit’?

As the dust continues to settle from the seismic tax reforms passed under the 2017 Tax Cuts and Jobs Act, the Biden Administration is already discussing another round of tax reform.

Enormous Tax Revenue Is Exactly Why The Feds Won’t Legalize Cannabis

State governments may gain money from legal cannabis, but the feds would actually lose money should prohibition end.

How Some Consumers Avoid Paying High Taxes For Recreational Marijuana

Some customers would rather take their chances with shady street dealers than suffer the high taxes they're being asked to pay at the cash register.

California Raises Cannabis Business Taxes, Legal Operators Worry It Will Drive Illicit Market Growth

This move will only further oppress an already weak legal market and fuel the thriving illicit market, according to industry insiders.

VIDEO: Overwhelming Evidence America Should Legalize Marijuana

Just as with the prohibition of alcohol in the 1920s, the federal prohibition of marijuana has been unnecessarily cruel, wasting billions of dollar, unjustly harming millions of lives, and furthering racist policies.
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