marijuana taxes
Pot tax trouble: What legalized states need to know about sketchy predictions
Before Colorado’s groundbreaking marijuana sales started in 2014, pot tax projections were all over the map. There are lessons in getting the forecast right.
“Invalid” Adams County special marijuana tax collected $1.36 million that could have to be returned
An Adams County recreational marijuana tax that a state high court found Thursday to be invalid collected more than $1.3 million dollars over the 18 months its been in effect that could now have to be refunded.
Adams County may have to return $500K in marijuana taxes collected to fund scholarships
The Colorado Court of Appeals has found that Adams County’s controversial, voter-sanctioned special marijuana tax is invalid, reversing the opinion of a lower court and siding with with three cities — Northglenn, Aurora and Commerce City — that sued over the tariff.
New Medical Cannabis System in Michigan to Garner up to $63 Million a Year in Taxes, Many Patients Unhappy
Last month Michigan Governor Rick Snyder signed a package of bills explicitly legalizing the distribution of medical cannabis through a regulated system of dispensaries and cultivation centers, including establishing a 3% excise tax on dispensaries’ gross sales. According to a new report from Crain’s Detroit Business, the Senate Fiscal Agency estimates it will results in tens […]
The post New Medical Cannabis System in Michigan to Garner up to $63 Million a Year in Taxes, Many Patients Unhappy appeared first on The Weed Blog.