Tuesday, January 24, 2023

taxes

What Went Right, What Went Wrong, And What Went Sideways: 2022 In Cannabis

A look back at some of this year's milestones for the turbulent marijuana trade.

This State Expects $30M+ In Weed Tax Revenue, Making It More Profitable Than Booze

Cannabis is projected to make hefty contributions to state coffers, though still accounting for a small part of the total general fund collection.

Where Do Weed Taxes Go? The Answer Varies Depending On Where You Are

Cannabis markets typically see varying success with the revenue they generate, as well as what the money goes towards.

These Two States Received More Tax Money From Weed Than From Alcohol Or Cigarettes

A new report shows how profitable legal marijuana can be, especially in these two states.

Why Is The World’s Largest Cannabis Market Shooting Itself In The Foot?

High taxes and onerous regulations are keeping unlicensed cultivators out of the legal market and contributing to illicit sales.

Legal States Collected Nearly $4 Billion In Legal Marijuana Revenue In 2021

The report is further evidence that ending cannabis prohibition offers tremendous financial benefits for state governments.

Is Medical Marijuana Tax Deductible? IRS Provides Clarity

With tax season upon us, confusion over whether medical marijuana is tax-deductible has come up.

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.
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