tax

  1. 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...
  2. Katelyn Baker

    Banking, Tax Regs Eat Into Marijuana Profits

    If one looks at the top line, the legal marijuana business may very well be the stuff that entrepreneurial dreams are made of. As of this writing, some 25 states in the U.S. have passed laws that allow for some degree of medical or legal use of the cannabis plant. This trend toward growing...
  3. Katelyn Baker

    Where Does All That Colorado Pot Tax Go?

    Denver - Colorado is pulling in a significant amount of money by taxing recreational marijuana, but it's not enough to pave the streets in gold. In part because supporters of legal pot hyped the potential to raise millions, some Coloradans have been left to wonder why all that money hasn't...
  4. Katelyn Baker

    CA: Medical Marijuana Tax Bill Goes Up In Smoke

    The second bill by a North Coast lawmaker seeking to tax medical marijuana has died quietly in the California Legislature, the Santa Rosa Press Democrat is reporting. North Coast Assemblyman Jim Wood, D-Healdsburg, had authored a unique bill aiming to tax the state's booming medical marijuana...
  5. Katelyn Baker

    CA: Medical Marijuana Tax Bill Goes Up In Smoke

    The second bill by a North Coast lawmaker seeking to tax medical marijuana has died quietly in the California Legislature, the Santa Rosa Press Democrat is reporting. North Coast Assemblyman Jim Wood, D-Healdsburg, had authored a unique bill aiming to tax the state's booming medical marijuana...
  6. Katelyn Baker

    CA: Lake County Sends Medical Cannabis Tax To The November Ballot

    Lake County supervisors Tuesday voted 3-1 to place a cannabis tax on the November ballot, joining a growing number of California cities and counties seeking financial compensation for overseeing pot production. If approved by voters, Lake County's ballot measure would impose an annual license...
  7. Katelyn Baker

    CA: Lake County Sends Medical Cannabis Tax To The November Ballot

    Lake County supervisors Tuesday voted 3-1 to place a cannabis tax on the November ballot, joining a growing number of California cities and counties seeking financial compensation for overseeing pot production. If approved by voters, Lake County's ballot measure would impose an annual license...
  8. Katelyn Baker

    OR: Seaside Voters To Decide Fate Of Cannabis Tax Initiative

    A resolution calling for a ballot initiative this November proposing a three percent tax on the sale of marijuana products by Seaside recreational marijuana retailers was approved unanimously by the Seaside City Council at its Monday meeting. As a result, voters will have one more ballot measure...
  9. Katelyn Baker

    OR: Local Voters To Decide Marijuana Tax And Sale November 8

    In the Nov. 8 election, Silverton and Mt. Angel voters will decide whether their respective cities will tack a 3 percent tax onto the state's 17 percent recreational marijuana tax. The Silverton City Council already approved recreational marijuana sales inside the city limits, effective last...
  10. Katelyn Baker

    OR: Scappoose Voters To Decide Marijuana Ban And Tax In November

    Scappoose residents will be asked to vote on both a ban of recreational marijuana businesses and a sales tax on those same businesses after a narrow vote by the Scappoose City Council Monday, Aug. 1. Councilors voted 4-3, with Mayor Scott Burge and Councilors Joel Haugen and Rich Riffle...
  11. Katelyn Baker

    CO: County Commissioners Order Two Budgets Because Of Anti-Pot Initiative

    The Pueblo County commissioners have asked department heads to create two budget scenarios for 2017 - one showing projected revenue from marijuana sales and excise tax and another without. The county is preparing for the results of the November ballot measure that could eliminate the sale and...
  12. Katelyn Baker

    CA: Two Mendocino County Marijuana Tax Proposals Headed To Ballot

    Two marijuana tax proposals are heading for the November ballot after the Mendocino County Board of Supervisors Tuesday agreed to do so. The board put its own tax measure on the ballot, while the grower-backed measure, the "Mendocino Heritage Initiative," was officially certified for the...
  13. Katelyn Baker

    Long Beach Will Ask Voters To Approve Higher Taxes On Marijuana If Measures Pass

    Long Beach voters now have three marijuana-related ballot measures to decide on come November. Adding to an already lengthy statewide general election ballot, the City Council on Tuesday voted to add a tax measure that City Clerk Maria de la Luz Garcia said would help fund public safety...
  14. Katelyn Baker

    OR: Rainier Council Places Tax On November Ballot

    Voters will be asked in November if the City of Rainier should enact a three percent sales tax on marijuana items sold within the city limits. The Rainier City Council approved placing the measure on the November ballot during its regular public meeting held on Monday, Aug. 1 at Rainier City...
  15. Katelyn Baker

    OR: Jackson County Residents Could Vote On Pot Tax Again

    Jackson County residents may have the chance to vote on a marijuana sales tax - again. This time around, the proposed tax would be 3 percent on retail sales of recreational marijuana. In 2015, the Jackson County Board of Commissioners repealed a voter-approved tax of up to 25 percent on...
  16. Katelyn Baker

    CA: Humboldt County Marijuana Farmers Speak In Favor Of Marijuana Excise Tax

    Humboldt, Calif. - Humboldt County has passed a marijuana excise tax that will be on the November Ballot. The tax has a rate of $1 to $3 depending on what type of grow you have. This is lower than counties like Mendocino County, which is looking to tax $100 per plant, according to county...
  17. Katelyn Baker

    CA: Growing Divide - Humboldt County Pot Farmers Dispute Tax Proposal

    Humboldt County's proposed excise tax for medical marijuana farms has created a rift between local growers. Several farmers have come out against the tax model, calling it premature, hasty and partial to larger farms. Other cultivators say they are supportive of it and feel that the time is...
  18. Katelyn Baker

    DE: Legalization, Regulation And Taxation Of Recreational Marijuana

    Let us discuss whether marijuana should be legalized, regulated and taxed similar to alcohol for adults 21 and older. Excise tax revenue alone is conservatively estimated to generate $21.5 million annually. Additionally, millions of dollars would be generated each year in corporate and...
  19. Katelyn Baker

    Ketchikan Assembly Postpones Vote On Retail Marijuana Tax, Sales Tax Cap Measures

    After lengthy discussion Monday, two tax items on the Ketchikan Gateway Borough Assembly agenda each were postponed: an increase to the sales tax cap and a tax on retail marijuana. The retail pot tax discussion is an item that carried over from the second meeting in July. During that...
  20. Katelyn Baker

    Legal Weed Would Bring Millions For Australia

    Canberra — Legalising marijuana would bring in millions in extra tax revenues for Australia, but it would also see a doubling of the smoking rate among adults. According to the results of new research published in the August issue of the journal American Economic Review, Australia could see...
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