Tax
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Politics
Michigan Officials Are Sending Nearly $100 Million In Marijuana Tax Revenue To Cities And Tribes Across The State After Record-Breaking Cannabis Sales In 2024
Michigan officers have introduced that they’re disbursing almost $100 million in marijuana tax income to over 300 cities and tribes…
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Politics
More Than $6 Million In New Jersey Marijuana Tax Revenue, Meant To Promote Equity, Has Been Sitting Unused
“We solely suggest to each the state Legislature and to the governor how these funds needs to be used.” By…
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Politics
Ohio Senate Panel Takes Up Bill To Amend Voter-Approved Marijuana Legalization Law, But Removes Its Tax Provisions
An Ohio Senate panel on Tuesday took testimony on a invoice that might considerably amend the state’s voter-approved marijuana legalization…
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Politics
Minnesota Lawmakers Seek To Repeal Illegal Drugs Tax Stamp Law
“Exhibiting up on the Division of Income to pay taxes in your unlawful drug gross sales might be not the…
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Politics
Arkansas House Passes Bill Dedicating Medical Marijuana Tax Revenue To Fund School Breakfasts For Students
The Arkansas Home of Representatives has permitted laws to make use of medical marijuana tax income to fund free faculty…
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Business insight
Michigan Gov. Proposes Extending Wholesale Tax to Cannabis Products as Part of Infrastructure Funding Plan
Michigan Gov. Gretchen Whitmer (D) proposes, together with hashish merchandise within the Wholesale Tax of the State – that’s utilized…
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Laws & Policy
Federal Bill Would Prevent Companies from Tax Relief if Cannabis is Rescheduled
Oklahoma Sen. James Lankford (R) launched laws final week to ban hashish corporations to deduct enterprise prices from their taxes.…
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Politics
Bipartisan Governors In Multiple States Propose Significant Marijuana Tax Increases
Governors in at the least 4 U.S. states are proposing important tax will increase for authorized marijuana merchandise. In Maine,…
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Politics
New GOP Bill Would Block Marijuana Industry Tax Deductions, Even After Federal Rescheduling
Two GOP senators have launched a invoice that might proceed to dam marijuana companies from taking federal tax deductions beneath…
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Business insight
Arkansas Gov. Plans to Use Medical Cannabis Tax Revenues to Fund Free School Meals
Throughout her State of the state address On Tuesday Arkansas Gov. Sarah Huckabee Sanders (R) that she intends to make…
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