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The Hot Debate Embroiling New York’s Potency Tax
May 22, 2023 blogger ABFinWright, analysis, analytics, Business, Business Analysis, cannabis, compliance, CQC, CQCExpo, excise, flat, government, Growing, industry, Law, Legal, legalization, Legalize, legislation, license, marijuana, market, Medical, Medicial Marijuana, Medicine, New York, Operations, potency, product, rate, Recreational, regulation, Regulations, regulatory, Retail, revenue, state, Stop Smoking Marijuana, Stop Smoking Pot, Tax, taxes, THC, weed, withdrawal
On March 31, 2021, New York legalized adult-use cannabis with the passage of the Marijuana Regulation & Taxation Act (MRTA). Perhaps the most controversial portion of the Act was Section 493(1)-(3), which established taxes on the potency of cannabis products sold by distributors to retailers. Many cannabis advocates condemn this tariff, arguing that it increases the […]
ABFinWright, analysis, analytics, Business, Business Analysis, cannabis, compliance, CQC, CQCExpo, excise, flat, government, Growing, industry, Law, legal, legalization, Legalize, legislation, license, marijuana, market, Medical, Medicine, New York, Operations, potency, product, rate, Recreational, regulation, Regulations, regulatory, Retail, revenue, state, Tax, Taxes, THC
New Jersey’s Careful Approach to Cannabis: Part Two
February 20, 2023 blogger 280e, AB FinWright, analysis, analytics, Business, Business Analysis, cannabis, compliance, consumer, CQC, CQCExpo, CRC, Cultivation, dispensary, excise, extraction, Federal, government, Growing, industry, laboratories, laboratory, Law, Legal, legalization, Legalize, legislation, license, licensing, marijuana, market, Medical, Medicial Marijuana, Medicine, New Jersey, New York, NJ, NJ Division of Taxation, product, quality, Recreational, regulation, Regulations, regulatory, Retail, sales, social equity, state, Stop Smoking Marijuana, Stop Smoking Pot, Tax, taxes, taxing, weed, withdrawal
Click here to read Part One where we examined the state of the market, licensing, approvals and sales. Part Two delves into all things taxes. A “Raft” of Taxes Like New York, New Jersey cannabis companies will be dealing with a raft of taxes: Federal Section 280E: Will It Apply in New Jersey? Well … […]
280e, AB FinWright, analysis, analytics, Business, Business Analysis, cannabis, compliance, consumer, CQC, CQCExpo, CRC, Cultivation, dispensary, excise, extraction, Federal, government, Growing, industry, laboratories, laboratory, Law, legal, legalization, Legalize, legislation, license, licensing, marijuana, market, Medical, Medicine, New Jersey, New York, NJ, NJ Division of Taxation, product, quality, Recreational, regulation, Regulations, regulatory, Retail, sales, social equity, state, Tax, Taxes, taxing
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