Cannitrol – Cannabis Control Agent

Marijuana news from around the world

taxes

New Jersey’s Careful Approach to Cannabis: Part One

This is Part One where we examine the state of the market, licensing, approvals and sales. Part Two will delve into all things taxes. Stay tuned for Part Two, coming next week! On the surface, New Jersey’s new adult use cannabis program is similar to the program of its larger neighbor across the Hudson. Like New […]

, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Rhode Island Embraces Adult Use Cannabis, But With A Bitter Tax Pill

Although Rhode Island is the USA’s smallest state, it has traditionally taken an out-sized dislike for cannabis and its users. It first banned cannabis in 1918 and, up until recently, had some of the strictest mandatory minimum sentences for large-scale possession, sentencing those with more than 5 kg (11 lbs) to 20 years’ imprisonment and […]

, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Compliance as a Revenue Center: Banking & Cannabis, More Similar Than You Think

Have you ever been to the DMV, only to be turned away because you didn’t have the countless forms of identification needed? Sometimes it feels like no amount of ID or proof of residence is enough, whether it’s your 2nd grade report card or an electric bill from 25 years ago. That feeling is what […]

, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Colorado’s medical marijuana sales hit lowest point since legalization

July’s medical marijuana sales only reached a little over $18 million – the lowest number ever recorded since January 2014

, , , , , , , , , , , , ,

Boston pot dealer sentenced for illegal distribution, falsifying taxes

Related Articles A 36-year-old Boston man will do time for illegal marijuana dealing and falsifying his taxes after failing to pay more than $150,000 in income taxes. Zachary Sweener, 36, was sentenced to three months in prison and three months of supervised release after pleading guilty to one count of conspiracy to distribute marijuana, one count […]

, , , ,

Colorado marijuana tax hike proposal to support education loses teacher’s union support

A group pushing to raise taxes on recreational marijuana to fund after-school programs for impoverished students lost the support of Colorado’s teacher’s union but officials behind the initiative say they’re unconcerned.

, , , , , , , , , ,

November marijuana sales push Colorado’s industry to $2 billion annually for the first time

Colorado marijuana sales in November pushed the industry’s annual revenue to $2 billion for the first time.

, , , , , , , , , , , , , ,

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 […]

, , , , ,

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 […]

, , ,

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.

, , , , , , , ,

Previous Posts Next posts