Tax

Los Angeles County Voters Approve Cannabis Tax

Approved by voters in Los Angeles County, California Countermeasure C On Tuesday, obtaining permits will impose a tax structure on businesses in unincorporated areas of the county. los angeles daily…

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Hawaii Lawmaker Says Tax Revenue Won’t Cover Costs of Legal Adult-Use Cannabis

A recent report by the Hawaii State Department of Taxation found that legalizing adult-use marijuana in the state would generate approximately $50 million in tax revenue annually, adding to the…

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Cannabis Had Highest Tax Revenue in Colorado and Washington Over Alcohol, Cigarettes

A new report from tax policy center Colorado’s cannabis tax revenue is seven times higher than alcohol’s, showing that Washington earned $559 million from cannabis-related taxes. Those two of her…

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Illinois Trumpets 50% Rise in Adult-Use Pot Sales, Tax Revenue

The Illinois Adult Cannabis Program is 50-50 years old. So that sales will increase by 50% and tax revenue will increase by 50%. Governor beat the numbers publication “The total…

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California BIPOC Cannabis Operators Rally in Sacramento for Tax Relief

A group of licensed cannabis business owners gathered on the steps of the California Capitol on Thursday to pay attention to the impact of high cannabis taxes on independent entrepreneurs.…

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