Tag: taxes

(108 posts)
May 19, 2014
05/19/2014
Nevada’s Medical Marijuana Business At a Glance

Nevada’s Medical Marijuana Business At a Glance

Under the law passed by the Nevada Legislature and signed by Gov. Brian Sandoval in 2013, the medical marijuana industry will include up to 66 dispensaries statewide...
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May 13, 2014
05/13/2014
Marijuana Co-op Member Says State Can’t Tax a Federal Crime

Marijuana Co-op Member Says State Can’t Tax a Federal Crime

  Washington state can’t make a member of a medical marijuana co-op pay thousands of dollars in marijuana tax because he’s being federally prosecuted for it, the...
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May 12, 2014
05/12/2014
3 Months Since Legalizing Marijuana, Here’s What Colorado Looks Like

3 Months Since Legalizing Marijuana, Here’s What Colorado Looks Like

Colorado’s Department of Revenue reports that marijuana retailers sold nearly $19 million in recreational weed in March, up from $14 million in February. The first three months of...
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May 8, 2014
05/08/2014
Cannabis as Currency

Cannabis as Currency

The use of cannabis as a de facto currency predates the founding of the United States and may be found in the historical record in the early 17th century. Hemp:...
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May 5, 2014
05/05/2014
Educator Wants to Use Marijuana to Fund Schools

Educator Wants to Use Marijuana to Fund Schools

An idea on a school superintendent candidate’s platform is causing a bit of a stir in South Carolina. Education superintendent candidate Sheila Gallagher wants to legalize marijuana to...
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May 1, 2014
05/01/2014
Chronicle Review Essay: Marijuana Policy Past and Future

Chronicle Review Essay: Marijuana Policy Past and Future

A New Leaf: The End of Cannabis Prohibition by Alyson Martin and Nushin Rashidian (2014, The New Press, 264 pp., $14.04 PB Amazon) After Legalization: Understanding the Future...
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April 25, 2014
04/25/2014
Medical Marijuana Update (2014.04.23)

Medical Marijuana Update (2014.04.23)

llinois patients can have guns, but New Hampshire patients can’t grow their own medicine. And California counties stay busy as the legislature ponders actually regulating medical marijuana...
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April 17, 2014
04/17/2014
Medical Marijuana Update (2014.04.16)

Medical Marijuana Update (2014.04.16)

With a stroke of the governor’s pen, Maryland becomes the 21st medical marijuana state. Meanwhile, those CBD medical marijuana bills continue to move. And more. Let’s get...
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April 14, 2014
04/14/2014
Colorado Legalized Marijuana Tax Revenue Ahead of Expectations: Moody’s

Colorado Legalized Marijuana Tax Revenue Ahead of Expectations: Moody’s

Colorado expects to bring in an estimated $98 million in revenue this year, exceeding the state’s original expectations by 40 percent. Moody’s Investors Service, in a report released...
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April 11, 2014
04/11/2014
Rhode Island Report: Taxing Marijuana Could Generate Tens of Millions in Revenue

Rhode Island Report: Taxing Marijuana Could Generate Tens of Millions in Revenue

A report released yesterday by Rhode Island-based OpenDoors estimates that passage of the Marijuana Regulation, Control, and Taxation Act will generate between $21.5 to $82 million in annual tax revenue. Although...
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April 11, 2014
04/11/2014
Colorado Marijuana Tax Revenues: $3.2 Million in February

Colorado Marijuana Tax Revenues: $3.2 Million in February

Tax revenues from Colorado’s medical and recreational marijuana sales in February increased from the previous month. Colorado collected $3.2 million in February, below the state’s projection but slightly...
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April 9, 2014
04/09/2014
Colorado Lawmakers Struggle to Allocate Marijuana Tax Revenue After Lower Than Expected Estimates

Colorado Lawmakers Struggle to Allocate Marijuana Tax Revenue After Lower Than Expected Estimates

State lawmakers must decide how to spend tax revenue from recreational marijuana sales, however revenue estimates are now being revised. “The projection was $67 million, now there have...
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April 4, 2014
04/04/2014
Tax Filings Give Hint to Number of Marijuana Shops in L.A.

Tax Filings Give Hint to Number of Marijuana Shops in L.A.

Los Angeles’ finance office says 457 pot shops have filed renewals to pay taxes this year, three times as many as are allowed to stay open under Proposition...
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April 2, 2014
04/02/2014
Missouri Lawmakers Hold Medical Marijuana Hearing

Missouri Lawmakers Hold Medical Marijuana Hearing

The Missouri Senate committee is considering legislation to legalize marijuana use by patients diagnosed by a physician with a debilitating medical condition.  Zayden, 4, has a condition that...
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March 31, 2014
03/31/2014
Caribbean Countries Consider Loosening Marijuana Laws

Caribbean Countries Consider Loosening Marijuana Laws

In the Caribbean, marijuana is illegal, yet it is widely used, freely sold and openly puffed. Now, for the first time, Caribbean leaders — much like a...
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March 25, 2014
03/25/2014
NJ Senator Wants to Legalize Marijuana, Use Tax to Pay for Roads

NJ Senator Wants to Legalize Marijuana, Use Tax to Pay for Roads

A New Jersey lawmaker announced a bill Monday that would legalize marijuana, tax it and use the revenue to pay to fix the state’s roads and bridges....
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March 25, 2014
03/25/2014
Hickenlooper’s Economic Fear of Legal Cannabis Not Realized

Hickenlooper’s Economic Fear of Legal Cannabis Not Realized

In a revelation that should surprise absolutely no one in the cannabis community, Governor John Hickenlooper of Colorado recently stated that, despite his fears, the legalization of...
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March 18, 2014
03/18/2014
California Legalization Is Coming, But What Path Will It Take?

California Legalization Is Coming, But What Path Will It Take?

The Leaf Online asks, with four marijuana legalization initiatives vying for the California ballot, one thing is clear: All four reforms are better than the state’s current prohibition. The...
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March 18, 2014
03/18/2014
Washington Medical Cannabis Dodges Bullet, for Now

Washington Medical Cannabis Dodges Bullet, for Now

Medical cannabis gets at least a temporary stay of execution in Washington state. A bill that would have, by any effective assessment, essentially dismantled the medical marijuana...
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March 17, 2014
03/17/2014
Colbert Report Tackles Ganjapreneurs, Green Rush and Bank Hypocrisy

Colbert Report Tackles Ganjapreneurs, Green Rush and Bank Hypocrisy

Last Thursday’s Colbert Report had a solid ten minutes on the (just starting to boom) green rush. The first video bit covered Colorado’s booming recreational marijuana sales...
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