tax

  1. Katelyn Baker

    Marijuana Pays For Schools In Colorado But How Will It Help Maine?

    Voters in Maine and a handful of other states are deciding whether to legalize recreational marijuana this November. One thing that could swing the vote is the possibility of millions of dollars in tax revenue from retail marijuana sales. Colorado was the first state in the country to roll out a...
  2. Katelyn Baker

    City Parks May Benefit From Proposed Recreational Marijuana Tax

    Parks in Brookings could be the winners if the city council decides at its Monday meeting to allocate anticipated tax revenue garnered from the sale of recreational marijuana to maintenance and improvements of the city's assets. That revenue, however, is also contingent on voters approving a...
  3. Katelyn Baker

    The Legal Cannabis Business Will Be As Complicated As Everything Else In California

    It seems likely that Californians in November will vote to legalize the recreational use of marijuana, along with a massive raft of state regulation and taxation schemes. We bribe our government to secure permission to do what we want with our own bodies. Go figure. In any event, the...
  4. Katelyn Baker

    OR: Area Ballot Measures Target Marijuana

    The Deschutes County Clerk reported one ballot measure from Bend, two from La Pine and one from a road district. A fifth measure from a road district was still pending a challenge period. - Bend's measure calls for imposing a 3 percent tax on recreational marijuana sold in the city. If...
  5. Katelyn Baker

    CA: These Proposed Local Marijuana Laws Are Just As Crucial As The Statewide Vote

    Deep into the looong November ballot, many voters will be sorting through a typical mix of school bond measures, sales tax hikes and the like. But this year, in dozens of cities and counties in California, communities will also face pivotal questions about the future of marijuana. A campaign...
  6. Katelyn Baker

    OR: Pot Tax Revenue High As A Kite

    But, the buzz kill for public entities earmarked to benefit from the sin tax is they haven't seen any of that revenue to date. Those slated to receive marijuana tax funds are: Common School Fund — 40 percent Mental health, alcoholism, and drug services — 20 percent Oregon State Police — 15...
  7. Katelyn Baker

    Marijuana Could Be The New Sin-Tax Gusher

    Is marijuana the new sin-tax gusher for the states? It sure looks that way. In November, voters in five states will decide on whether to allow recreational use of the drug, while citizens in four other states have the option of legalizing medical marijuana. Unlike the fierce battles of...
  8. Katelyn Baker

    OR: City Wants In On Marijuana Tax Revenue

    Oregon medical marijuana dispensaries have sold an estimated $102 million in recreational cannabis since January, when the state imposed a 25 percent sales tax on pot. In the last six months the state has collected $25.5 million in sales tax revenue on those sales, and Brookings is looking to...
  9. Katelyn Baker

    CA: Lawmakers Offer Tax Amnesty To Pot Shops

    Sacramento, Calif. - Estimating that two-thirds of the medical marijuana stores in California have failed to pay sales taxes, state officials on Tuesday took a carrot-and-stick approach to persuade pot shops to pay the $106 million owed. With the state preparing to license medical marijuana...
  10. Katelyn Baker

    CA: With Spotlight On The Medicinal, Adelanto Makes First Pitch For Pot Tax

    Adelanto - Making its first formal pitch to voters Tuesday evening, the city unleashed a panel of medical marijuana industry insiders to vouch for the plant's health care benefits as a November ballot measure looms that would tax commercial pot activities here. Measure R would enact an up-to 5...
  11. Katelyn Baker

    CA: With Spotlight On The Medicinal, Adelanto Makes First Pitch For Pot Tax

    Adelanto - Making its first formal pitch to voters Tuesday evening, the city unleashed a panel of medical marijuana industry insiders to vouch for the plant's health care benefits as a November ballot measure looms that would tax commercial pot activities here. Measure R would enact an up-to 5...
  12. Katelyn Baker

    CO: Routt County's Proposed Pot Tax Too 'High' For Hayden's Liking

    Steamboat Springs - The Routt County Board of Commissioners agree they are likely months away from making a decision on whether or not to allow marijuana grow facilities in unincorporated areas of the county; however, they did vote unanimously Aug. 23 to put the question of establishing a 5...
  13. Katelyn Baker

    CA: Recreational Marijuana Tax Proposed By San Diego

    San Diego - San Diego voters will be told this fall that passage of a ballot measure to tax businesses selling recreational marijuana could generate an estimated $22 million for city coffers in the first year, according to documents made available Tuesday. The estimate is part of a fiscal...
  14. Katelyn Baker

    CO: City Of Aurora Moves Forward On Marijuana Tax Increase

    Aurora, Colo. - An Aurora City Council committee gave the green light to a proposal raising the city's retail marijuana tax and dedicating the funds to support homeless services. The proposal would increase the tax from 5.75 percent to 7.75 percent at the same time the state tax drops from 10...
  15. Katelyn Baker

    How Passing Prop 64 Would Affect Marijuana Taxes In California

    If California voters back Proposition 64 to legalize marijuana in November, the state will have the lowest statewide excise taxes on weed in the country. Aside from the obvious response - cheaper legal weed! - this is an important development that shows California policymakers have learned...
  16. Katelyn Baker

    CA: Kersey's Marijuana Tax Could Net San Diego $22M in First Year, City Says

    San Diego voters will be told this fall that passage of a ballot measure to tax businesses selling recreational marijuana could generate an estimated $22 million for city coffers in the first year, according to documents made available Tuesday. The estimate is part of a fiscal analysis of...
  17. Katelyn Baker

    CA: Promises And Pitfalls Of Cannabis Taxes

    In less than three months, Californians will vote on legalizing production, distribution and possession of recreational cannabis. Tax revenues are central to that debate, but the really important question is not so much what taxes would be best today but how those taxes should evolve over time...
  18. Katelyn Baker

    Oregon Department Of Revenue Releases Marijuana Tax Collection Numbers

    Salem, Ore. — As of July 31, the Department of Revenue has processed $25.5 million in marijuana tax payments this year. Medical marijuana dispensaries started collecting a 25-percent tax on their recreational marijuana sales in January. Dispensaries' second quarter returns were due August...
  19. Katelyn Baker

    Proposition 64 - The Last Marijuana Tax Standing For California

    The California Legislature's attempts to tax the medical marijuana industry have officially failed as of this month. But whether the state will legalize and tax the recreational marijuana market will be decided by voters this November. The halted advancement of two medical marijuana tax bills...
  20. Katelyn Baker

    Medical Marijuana Update

    The federal courts reminded the US Justice Department (DOJ) that Congress passed a law barring it from using federal funds to go after state-legal medical cannabis operations, Maryland takes a step toward getting its industry up and running, California balks at a MM grower tax, and more...
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