Thursday, September 24, 2020

taxes

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.

What MedMen’s Financial Woes Means For The Cannabis Industry

High taxes and restrictions on dispensaries are creating a situation where companies like MedMen are losing money, though the company's also stabbed itself in the foot as of late.

Could This Offshore Tax Haven Ease Cannabis Laws For American Companies?

Marijuana companies seeking offshore European tax havens to set up shop, look no further; the Isle of Man is about to loosen its cannabis laws.

New Jersey’s New Adult-Use Cannabis Bill Just Might Pass

Lawmakers continue to work on it and now a new legalization bill is finished, polished and ready for possible implementation.

Why Is Compton, CA Rejecting Legal Marijuana Sales?

Kendrick Lamar hails from a long list of Compton rap progenies—a list that includes the likes of Eazy-E, The Game, and Dr. Dre, whom he collaborated with for a song on his debut album called The Recipe.

FOR A WEEKLY DOSE OF THE FRESH TOAST

Hand selected from our editors with all the latest news and entertainment with a side of cannabis.

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