Tag: taxes

(108 posts)
August 7, 2014
08/07/2014
Medical Marijuana Update (2014.08.06)

Medical Marijuana Update (2014.08.06)

Medical marijuana bills pick up some support in Congress, Maryland and Minnesota issue draft rules, California continues to be a battleground, and more. Let’s get to it:...
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July 24, 2014
07/24/2014
Medical Marijuana Could Bring Big Tax Revenue to Florida

Medical Marijuana Could Bring Big Tax Revenue to Florida

Florida could rake in big bucks in sales and tax revenue if Amendment 2 passes in November and medical marijuana becomes legal. State projections of sales range...
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July 21, 2014
07/21/2014
Seattle Sells Out of Legal Weed in Three Days

Seattle Sells Out of Legal Weed in Three Days

Seattle only has one legal pot shop. Washington weed went legal on July 8th and by the 10th, Seattle’s Cannabis City retail store was completely sold out.
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July 16, 2014
07/16/2014
Poll: Six Out Of Ten Americans Support Retail Marijuana Sales In Colorado

Poll: Six Out Of Ten Americans Support Retail Marijuana Sales In Colorado

More than six out of ten Americans – including majorities of self-identified Democrats, Independents, and Republicans – support the regulation and retail sale of marijuana in Colorado,...
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July 11, 2014
07/11/2014
Medical Marijuana Update (2014.07.09)

Medical Marijuana Update (2014.07.09)

New York becomes the 23rd medical marijuana state, North Carolina becomes a high-CBD cannabis oil state, Utah issues the first permits for high-CBD cannabis oil, Californians prepare...
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July 8, 2014
07/08/2014
DC Marijuana Initiative Hands in Plenty of Signatures

DC Marijuana Initiative Hands in Plenty of Signatures

It now looks extremely likely that the residents of the nation’s capitol will vote in November on whether to legalize the possession and cultivation of small amounts...
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July 8, 2014
07/08/2014
California Town Considers Using Pot Taxes to Pay Police

California Town Considers Using Pot Taxes to Pay Police

Desert Hot Springs, a southern California town plagued with crime and financial destitution is now considering the legalization of medical marijuana dispensaries. Their hope is that it can...
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July 7, 2014
07/07/2014
Oregon: Marijuana Initiative Backers Turn in 145,000 Signatures for Proposed 2014 Ballot Measure

Oregon: Marijuana Initiative Backers Turn in 145,000 Signatures for Proposed 2014 Ballot Measure

Proponents of a statewide initiative to regulate the commercial production and retail sale of marijuana have turned in 145,000 signatures to the Secretary of State’s office. The...
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July 7, 2014
07/07/2014
IRS Fines Unbanked Pot Shops for Paying Federal Payroll Tax in Cash

IRS Fines Unbanked Pot Shops for Paying Federal Payroll Tax in Cash

Legal marijuana businesses without bank accounts are unfairly assessed a 10 percent penalty on federal employee withholding taxes they are forced to pay in cash. And rather than...
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July 3, 2014
07/03/2014
Medical Marijuana Update (2014.07.02)

Medical Marijuana Update (2014.07.02)

An Arizona researcher gets fired for apparently political reasons, new medical marijuana-related laws come into effect in several states, California dispensary conflicts continue as the Assembly grapples...
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July 3, 2014
07/03/2014
An Industry Emerges: The NCIA Cannabis Business Summit in Denver

An Industry Emerges: The NCIA Cannabis Business Summit in Denver

The exhibition hall in the Denver Convention Center last week was a wonder to behold. Automated, high-capacity marijuana trimming machines. Industrial strength cannabis oil extraction devices. Marijuana...
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July 2, 2014
07/02/2014
Colorado Retail Marijuana Application Rules Changed to Open Market

Colorado Retail Marijuana Application Rules Changed to Open Market

It’s been exactly six months since legal retail marijuana sales began in Colorado, and today is the first day that retail marijuana business licenses are open to...
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June 18, 2014
06/18/2014
Oregon 2014 Marijuana Legalization Initiative Clears 100,000 Signatures

Oregon 2014 Marijuana Legalization Initiative Clears 100,000 Signatures

A ballot measure to legalize recreational marijuana in Oregon will be on November’s ballot after supporters collected more than 100,000 signatures (only 87,213 needed). If passed, the...
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June 13, 2014
06/13/2014
Just Say No to Marijuana Tax, ‘No Over Taxation’ Sues

Just Say No to Marijuana Tax, ‘No Over Taxation’ Sues

Colorado overtaxes marijuana and is engaging in criminal activity by taxing something that is federally a crime, a “registered issue committee” called No Over Taxation claims in...
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June 11, 2014
06/11/2014
Colorado Recreational Marijuana Sales, Taxes Boomed in April

Colorado Recreational Marijuana Sales, Taxes Boomed in April

Colorado recorded its biggest recreational marijuana tax haul yet in April, topping more than $3.5 million in sales and excise taxes on over $22 million in revenue....
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June 3, 2014
06/03/2014
Marijuana Business Auction: 3 Stores, 3 Grow Operations Seized From VIP Cannabis for Back Taxes

Marijuana Business Auction: 3 Stores, 3 Grow Operations Seized From VIP Cannabis for Back Taxes

VIP Cannabis’ three retail marijuana stores and three growing operations in Denver are now up for auction on the internet over the next few weeks, after the...
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May 28, 2014
05/28/2014
Corporate Cannabis? Legal Marijuana Goes Legit

Corporate Cannabis? Legal Marijuana Goes Legit

In Washington State, where recreational marijuana is now legal, the Liquor Control Board hired Prof. Mark Kleiman of UCLA to research the state’s marijuana market. He estimated...
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May 28, 2014
05/28/2014
Nevada Legalization Ballot Initiative Launched

Nevada Legalization Ballot Initiative Launched

The Coalition to Regulate Marijuana Like Alcohol launched a signature drive Tuesday in support of a 2016 ballot measure that would end marijuana prohibition in Nevada. State Sen. Tick Segerblom...
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May 22, 2014
05/22/2014
Medical Marijuana Update (2014.05.21)

Medical Marijuana Update (2014.05.21)

California battles over dispensaries and cultivation rules continue, medical marijuana bills move in Illinois, Minnesota, New York, and South Carolina, and more. Let’s get to it: California...
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May 20, 2014
05/20/2014
Revenues Up, Crime Down in Colorado Since Legalization

Revenues Up, Crime Down in Colorado Since Legalization

In the same month that the DEA continues doubling (perhaps even tripling) down on their long-held propaganda statements, we get some real, data-driven evidence out of Colorado...
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