Cannitrol – Cannabis Control Agent

Marijuana news from around the world

taxes

Man ordered to pay $2.5 million restitution to four victims in marijuana fraud

A former Aspen businessman sentenced to 12 years in prison has been ordered to pay nearly $2.5 million in restitution to four victims swindled in a black-market marijuana scheme. Scott Pack was sentenced to prison in July by Arapahoe County District Judge Michael Spear under the Colorado Organized Crime Control Act on a first-class drug […]

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Ticker: CCC says don’t change pot tax; Google selects Mississippi site; Mortgage rates hit another low 

Changing the way Massachusetts taxes legal marijuana could produce more revenue for the state, but it could also disrupt the fledgling cannabis industry, a report found. In a report by the Cannabis Control Commission, regulators and state revenue experts considered taxing pot based on its weight or potency, rather than the current price-based tax. Although […]

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Broomfield examines approach to marijuana sales tax

Broomfield City Council continued its conversation on whether to allow a ban on marijuana sales to expire and if so, how to take the issue of taxing those sales to voters in November.

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Milpitas City Council to again weigh cannabis sales tax ballot measure

MILPITAS — Despite voting in late 2018 to ban marijuana businesses in the city, the Milpitas City Council will discuss Tuesday whether it should put a marijuana business sales tax measure on the November election ballot. The issue of whether to sanction marijuana business in the city has been contentious. Mayor Rich Tran, who supported the […]

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California passes $1 billion in cannabis tax revenue two years after launching legal market

California has raised $1 billion in cannabis tax revenue since the industry kicked into gear in January 2018, according to figures recently released by the state. The bulk of that $1.03 billion in tax money, after covering regulatory costs, has been spent on programs such as child care for low income families, cannabis research, public […]

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How will Denver’s new minimum wage impact the marijuana industry?

A recent survey of cannabis companies suggests that future entry-level employees will see better pay in Denver thanks to a new law that will increase the city’s minimum wage to $15.87 by 2022.

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Colorado surpasses $1 billion in marijuana tax revenue

Colorado has surpassed $1 billion in revenue since the legalization of recreational marijuana in 2014, according to the Colorado Department of Revenue.

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Last traces of Sweet Leaf marijuana dispensaries vanish as new chain moves into Aurora, Thornton, Federal Heights locations

Its co-owners were sentenced to prison earlier this year and now the last vestiges of the once-vast Sweet Leaf marijuana dispensary network are being plastered over as a new chain takes over its final three locations.

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Marijuana tax money targeted for Colorado’s full-day kindergarten rollout

Colorado lawmakers have hit on a funding source to help struggling school districts cover up to $25 million in startup costs as they expand full-day kindergarten this fall: marijuana taxes.

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Gains, growing pains mark California’s 1st year of legal pot

It was supposed to be a great year for marijuana entrepreneur Brian Blatz.

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