Cannitrol – Cannabis Control Agent

Marijuana news from around the world

money

U.S. House passes bill giving marijuana businesses access to banking

The U.S. House of Representatives passed a bill Wednesday that would grant legal marijuana businesses access to banking, a measure that would clear up a longstanding headache for the industry.

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VIDEOS: Understanding where Colorado’s marijuana money goes

Since 2014, a lot of money has been spent on the green stuff, but where does all the marijuana tax money go? These videos explain the two state taxes on retail marijuana in Colorado: A 15 percent excise tax that wholesale marijuana buyers pay and a 15 percent sales tax that consumers pay on retail marijuana.

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In final debate, Democrats running for Colorado governor continue sparring over campaign finance, tactics

In their final debate Monday night before the June 26 primary, the four Democrats vying for a chance to become Colorado’s next governor tussled over everything from immigration and guns, to the state’s rural divide and teacher pay.

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Denver marijuana tech firm Baker gets scooped up in four-way merger, with IPO planned

Under a four-company merger announced Tuesday, Baker will serve as a key ingredient of Tilt Holdings Inc., a newly formed provider of an assortment of cannabis services, technologies and products to feed the mushrooming multibillion-dollar global cannabis industry.

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Legalizing and taxing marijuana boosts government revenue – a little, report says

A new report finds that legalizing and taxing marijuana boosts revenue for state and local governments, but not by much.

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New Colorado bill corrects marijuana tax funding error that stiffed RTD, SCFD

Special districts that affect Boulder County residents can now collect marijuana tax revenues again after Gov. John Hickenlooper signed a bill that corrects an error enacted in July.

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A veteran cannabis farmer mourns the passing of a more paranoid, more profitable way of life

Tim Blake, owner of Healing Harvest cannabis farm and Area 101, an iconic dispensary and gathering spot in California, discusses the past and future of weed.

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