Tag: cannabis taxes
Trulieve Announces Filing of Amended Federal Tax Returns Claiming $143 Million Refund
TALLAHASSEE, Fla. -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, today announced the filing of...
California Ends Cannabis Cultivation Tax to Curb Illicit Sales
SACRAMENTO - California Governor Gavin Newsom signed a new bill into law that will restructure the state’s adult-use cannabis program, eliminating a cannabis cultivation...
Growers Under Increasing Threat from Cannabis Taxes
For most operators in California’s cannabis industry, the licensed and regulated market probably feels like a slow-burning dumpster fire with no end in sight....
Master These 9 Essential Cannabis Compliance Issues
Compliance is a top challenge in the cannabis industry for a reason. Seemingly unattainable due to ever-changing laws and regulations, compliance with a bevy...
Are Increased Cannabis Tax Revenues Part of the New ‘Green’ Economy?
In the post-pandemic economy, under the Biden Administration, many Americans are wondering, "where’s the money going to come from?" Especially with large regions under...
California Will Raise Cannabis Taxes in January
SACRAMENTO – The California Department of Tax and Fee Administration (CDTFA) announced the state will increase the basis for excise tax on legal cannabis...
Weedmaps Will No Longer Host Illegal Cannabis Businesses
IRVINE, Calif. – Online cannabis platform Weedmaps on Wednesday announced they will no longer host pages for illegal cannabis retailers.
"Weedmaps always has and will...
New Frontier Report Covers Four Years of Legal Cannabis Sales in Colorado
There are no shortages of opinions or predictions when it comes to the cannabis industry. Thankfully, New Frontier Data, a leading cannabis analytics firm...
Canada to tax Cannabis Products Based on THC Content
Ottawa- Canadian authorities will be implementing a new system of assessing taxes on legal sales of cannabis edibles, topicals, and extracts.
Instead of taxing cannabis...
Ohio Med Cannabis Expected to Bring in $11M in Taxes Even Before Sept. Sales...
COLUMBUS, Ohio - Medicinal cannabis in Ohio could be bring in big dollars for tax collectors, even before sales start in September.
According to an analysis...