tax

  1. Katelyn Baker

    MA: Higher Marijuana Tax Possible, State Leaders Say

    Boston - It's rare that the Democratic leaders of the House and Senate and Gov. Charlie Baker can agree on tax policy - particularly if the question is about raising taxes. But should Massachusetts voters next month decide to legalize marijuana, there could be a script all three would be...
  2. Katelyn Baker

    Editorial - Marijuana Initiatives All Deserve Yes Votes

    It is time that our laws regarding marijuana reflect reality. The use of marijuana for medicinal purposes has been legal in California since 1996, when voters approved Proposition 215. Granted, there were many fits and starts to find ways to make that usage viable through regulation. But in...
  3. Katelyn Baker

    CO: Problems Tracking Denver Marijuana Tax Money

    Denver - Denver's City Auditor released an audit Thursday stating that the office in charge of the city's marijuana sales needs to do more to track the use of tax revenue and improve its public outreach. "Regardless of your opinion on marijuana, it's hard to deny the significance of...
  4. Katelyn Baker

    OR: Pot Sales Tax Revenue Grows Again

    Statewide marijuana sales tax receipts grew at a faster pace in August and September than the previous two months, and the state has collected $40.2 million this year, the Oregon Department of Revenue reported Monday. With a 25 percent sales tax rate on recreational pot in effect through...
  5. Katelyn Baker

    Michigan May See Millions In Revenue From Legal Marijuana

    Lansing - A fully developed legal market for medical marijuana in Michigan could lead to millions of dollars in new state tax revenue. Exactly how much is open to interpretation, but some analysts' estimates suggest it could top $63 million a year. New regulations for the state's medical...
  6. Katelyn Baker

    Explaining Proposition 64 - How California Would Legalize Marijuana

    There are so many questions about California's November ballot measure that would legalize recreational marijuana that it's easy to overlook the most basic question of all: What would the initiative actually do? Well, we're here to help. So get your sample or mail-in ballots out and follow...
  7. Katelyn Baker

    MI: Medical Marijuana Potentially Lucrative For State

    Lansing, MI - New medical marijuana regulations will be put into place in December, and some are projecting millions of dollars in state revenue with the changes; some analysts estimate the number could be more than $63 million a year, according to the Detroit Free Press. The new regulations...
  8. Katelyn Baker

    MI: Medical Marijuana Potentially Lucrative For State

    Lansing, MI - New medical marijuana regulations will be put into place in December, and some are projecting millions of dollars in state revenue with the changes; some analysts estimate the number could be more than $63 million a year, according to the Detroit Free Press. The new regulations...
  9. Katelyn Baker

    Marijuana Taxes On 2016 Ballots

    Marijuana legalization is reaching new heights of public approval, and voters will see new ballot proposals in five states this November. Weak taxes taint four of the initiatives - Arizona's Proposition 205, Maine's Question 1, Massachusetts's Question 4, and Nevada's Question 2. But...
  10. Katelyn Baker

    Massachusetts Legal Pot Measure Includes Lower Marijuana Taxes Than Most Other States

    Boston - Five states, including Massachusetts, are voting this November on plans to legalize marijuana. Almost all of those plans would tax the drugs at significantly lower rates than are being used in the three states where it is already legalized. Colorado, Oregon and Washington already...
  11. Katelyn Baker

    Here's How California Would Spend Its Expected $1 Billion In Marijuana Tax Revenue

    The Nov. 8 election can't come quickly enough for some people - especially for supporters of California's recreational marijuana legalization initiative, Prop 64. Prop 64 would legalize recreational cannabis for adults aged 21 and up and impose a 15% sales tax at the retail level on consumers...
  12. Katelyn Baker

    OR: Cities Consider Taxing Or Banning Marijuana Sales

    Voters across Douglas County are looking at either banning marijuana facilities from their cities, or enforcing a 3 percent tax on marijuana sales. Canyonville and Sutherlin are asking voters whether they should ban marijuana shops altogether. Others - including Roseburg, Myrtle Creek and...
  13. Katelyn Baker

    CA: Monterey County Deputy Sheriffs Back Local Cannabis Tax

    The Monterey County Deputy Sheriffs Association officially endorsed Measure Y. Measure Y is the county's commercial cannabis tax on the ballot for the Nov. 8 general election. Measure Y is a general tax on commercial cannabis businesses in the county's unincorporated areas. If passed it would...
  14. Katelyn Baker

    CA: A Look At Tax Propositions And Legalizing Medical Marijuana

    There is an overwhelming number of propositions on this year's statewide ballot. - 17 in total. As part of our You Decide 2016 coverage we're breaking down each one of these measures over the next several days. In this report, Monte Francis takes a look at two tax measures and a move to...
  15. Katelyn Baker

    CA: A Look At Tax Propositions And Legalizing Medical Marijuana

    There is an overwhelming number of propositions on this year's statewide ballot. - 17 in total. As part of our You Decide 2016 coverage we're breaking down each one of these measures over the next several days. In this report, Monte Francis takes a look at two tax measures and a move to...
  16. Katelyn Baker

    Fifteen Colorado Counties Will Vote On Marijuana Measures In November

    Cities and counties across Colorado have ballot measures related to marijuana regulation. Many of them involve adding additional sales taxes or excise taxes, which are paid when unprocessed marijuana is sold or transferred from a cultivation facility or site to a retail store, manufacturing...
  17. Katelyn Baker

    Five More States On Track To Legalize Recreational Marijuana

    There are nine state ballot measures regarding the legalization of marijuana that will be voted on this November. Five states will vote to legalize recreational marijuana, while the other four states are voting on legalizing medicinal marijuana. Arizona, California, Maine, Massachusetts and...
  18. Katelyn Baker

    CA: Marijuana Tax Revenue Hopes Could Go Up In Smoke

    For the third time in state history, California voters will be faced with the question of legalizing marijuana for recreational use. The official ballot summary for Proposition 64 says the measure could generate up to $1 billion in new tax revenue annually for state and local governments...
  19. Katelyn Baker

    MA: How Marijuana Will Be Taxed If Question 4 Passes

    Northhampton, Mass. — In one month, Massachusetts voters will decide whether to legalize marijuana for recreational use. A "yes" vote on Question 4 is a vote to legalize recreational marijuana, but it is more than that. The ballot question also deals with how to tax the drug. It would put the...
  20. Katelyn Baker

    MA: Treasurer Deb Goldberg Says Proposed Tax Rate For Legal Marijuana Is Too Low

    Massachusetts Treasurer Deb Goldberg is criticizing the proposed tax rate for legal marijuana if Bay State voters approve the substance for recreational use by adults. If it passes, Question 4 would set up a Cannabis Control Commission under the treasurer's office. Proponents of the measure...
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