Canada’s Finance Minister Warned About Cannabis Industry ‘Financial Distress’
Canadian Finance Minister Chrystia Freeland was warned last fall about systemic “financial distress” facing the country’s cannabis producers
Browsing: taxation
Will We See Mexico Legalize Cannabis In 2021?
This month, I visited Mexico City in an effort to bolster momentum toward the passage of the groundbreaking Senate bill concerning cannabis legalization in the United Mexican States.
How the IRS Cash-in on Cannabis Prohibition
CANNABIS CULTURE- Last week, United States Senator Cory Booker (D-NJ) introduced legislation to federally regulate the $6.7 billion US cannabis industry. In the bill, Booker details the combined injustice forcing the industry to operate in cash and making producers vulnerable to both criminal prosecution and tax rates as high as 70 percent.
Legal Marijuana Earned Washington $70 Million This Year
Washington launched its second-in-the-nation legal marijuana market with just a handful of stores selling high-priced pot to long lines of customers.
Washington Has More Pot Than It Can Smoke
Supply is outstripping demand in the unlikeliest place—legal recreational marijuana in the state of Washington. Growers who jumped into the new legal market hoping to make a killing in cannabis are now getting killed by a glut of product.
Colorado Voters Approve 25 Percent Taxes on Recreational Marijuana
A Colorado measure to impose sales and excise taxes of 25 percent on newly legalized recreational marijuana and earmark the first $40 million in revenue for public schools was approved by voters on Tuesday, Governor John Hickenlooper said.
Medical Marijuana Farmers Market Opens in Seattle
A new medical marijuana farmers market opened in Seattle on Sunday.
Colorado Marijuana Commerce Bills Approved
The Colorado legislature Wednesday approved a pair of bills that will establish a regulated marijuana market for adults. The legislature was charged with doing so when voters approved the marijuana legalization Amendment 64 last November.
Medical Marijuana Proposal Would Legalize Pot In New York
Medical marijuana would be legal – and taxed – under a proposal today from state lawmakers who say New York should join with the 18 other states that have approved pot for seriously ill patients.
Colorado’s Marijuana Task Force Issues 58 Recommendations For How Pot Should Be Regulated
Colorado's Marijuana Task Force issued its final recommendations for how the state ought to implement Amendment 64, though the actual regulations will be made by state lawmakers.
