tax

  1. Katelyn Baker

    CO: Marijuana Tax Could Be On Ballot

    The upcoming ballot may have a question regarding an extra tax on marijuana. The tax may be in the form of an excise tax or an extra sales tax. According to the memorandum, counties are specifically authorized to impose an excise tax on the first sale or transfer of unprocessed retail marijuana...
  2. Katelyn Baker

    CA: Grover Beach To Consider Pursuing Tax On Medical Marijuana

    Grover Beach could soon be the first city in San Luis Obispo County to tax medical marijuana sales. The Grover Beach City Council is expected to offer staff direction at its meeting Tuesday night on whether it should pursue a regulatory structure that would allow medical marijuana...
  3. Katelyn Baker

    CA: Grover Beach To Consider Pursuing Tax On Medical Marijuana

    Grover Beach could soon be the first city in San Luis Obispo County to tax medical marijuana sales. The Grover Beach City Council is expected to offer staff direction at its meeting Tuesday night on whether it should pursue a regulatory structure that would allow medical marijuana...
  4. Katelyn Baker

    Marijuana Companies' Biggest Battle Might Be Against The IRS

    At first pass, the sexiest aspect of the marijuana industry is probably 3-foot-tall plants that grow psychoactive flowers. But it gets hotter (not): wonky tax code experts who are fighting the federal government over an obscure tax code that is crippling small businesses across the legal...
  5. Katelyn Baker

    CA: Santa Barbara Voters To Consider Tax On Marijuana

    At least one local city is already thinking about the revenue potential from the possible legalization of recreational marijuana. The Santa Barbara City Council unanimously voted to place a measure on November's ballot which, if passed, would place a 20 percent tax on both medicinal and...
  6. Katelyn Baker

    U.S. Senator Jeff Merkley Helps Deliver $70,000 Marijuana Tax Payment To Salem

    Oregon's legal marijuana business owners are hauling massive amounts of cash into Salem each month to deliver their tax payments. On his latest trip to the Oregon Department of Revenue, dispensary owner Tyson Haworth had company: U.S. Sen. Jeff Merkley. Haworth, an owner of Oregon's Finest...
  7. Katelyn Baker

    How Marijuana Companies Are Fighting The IRS

    At first pass, the sexiest aspect of the marijuana industry is probably three-foot tall plants that grow psychoactive flowers. But it gets hotter (not): wonky tax code experts who are fighting the federal government over an obscure tax code that is crippling small businesses across the legal...
  8. Katelyn Baker

    CA: San Leandro Eyes Potential Ballot Measure To Tax Cannabis

    Over the past three election cycles, San Leandro voters have helped the city bolster its treasury through various tax measures. It may ask for help again this fall through another tax-raising ballot measure. Although the city's finances are relatively robust, San Leandro City Manager Chris...
  9. Katelyn Baker

    Oregon Dispensaries Sell Close To $60 Million In Recreational Pot First Five Months

    Nearly $60 million worth of recreational marijuana was sold in Oregon during the first five months of taxed sales, according to estimated figures released Wednesday by the state. The sales estimate is based on the amount of recreational marijuana tax that retailers paid the state for the period...
  10. Katelyn Baker

    Portland Marijuana Tax Could Mean Collecting $3 Million In Cash

    Voters in Portland will get to decide whether to add a local tax to recreational marijuana sales. The Portland City Council referred a 3 percent tax to the November ballot on Wednesday. The city revenue bureau estimates the tax would generate at least $3 million a year. But cannabis businesses...
  11. Katelyn Baker

    Humboldt County Cannabis Industry Responds To Possible Cultivation Tax

    Humboldt County, California - The proposed measure is still in the development stage before possibly showing up on the November ballot. Bryan Willkomm, general manager of the Humboldt Patient Resource Center in Arcata, said the tax could discourage small growers from becoming legal...
  12. Katelyn Baker

    OR: County Commissioners Unanimously OK Idea Of 3 Percent Tax On Marijuana Sales

    The Lane County Board of Commissioners unanimously gave an initial nod of approval Tuesday to a 3 percent county tax on recreational marijuana sales. If approved, the tax would only apply on marijuana sales outside city limits in the county. There are five marijuana retailers, or dispensaries...
  13. Katelyn Baker

    CA: Stanislaus County, Cities Put Marijuana Tax On Back Burner

    Top county and city officials briefly considered the idea this month of putting a countywide marijuana tax on the November ballot. The proposal surfaced on a number of city council agendas this week before Stanislaus County Supervisor Vito Chiesa and Chief Executive Officer Stan Risen told...
  14. Katelyn Baker

    Watsonville Adopts Ordinance That Would Impose Cannabis Business Tax

    Watsonville - Ignoring recommendations from the ad hoc committee it convened in January, the Watsonville City Council voted 5-2 to adopt an ordinance that could impose significantly higher taxes for medical cannabis Tuesday. If approved by the voters in November, the ordinance would generate...
  15. Katelyn Baker

    Cannabis Tax Revenue Fuels Continued Economic Expansion In Colorado

    While most of the US economy is still struggling to recover from the 2008 housing market crash and recession, one state in particular is seeing record breaking job growth, and is generating more payroll jobs per month than any other state in the nation. That state is Colorado. Colorado...
  16. Katelyn Baker

    Editorial: City Should Tax Recreational Marijuana

    City of Corvallis officials have been kicking around a variety of different ideas to try to raise more revenue for city services; it's all part of the work that a city task force has been tackling in its attempts to build a sustainable city budget. The list of potential "revenue...
  17. C

    Oregon Tax Revenue From Marijuana Sales $40 Million Higher Than What Economists...

    Oregon tax revenue from marijuana sales $40 million higher than what economists predicted, similar plan recommended for New Jersey. Smoking greens are expected to raise $43 million in spending greens for Oregon this year, already raising $10.5 million in tax revenue in the first three months...
  18. C

    Recreational Marijuana Tax Going Before Cottage Grove Voters In November

    Cottage Grove - -Voters will decide in -November whether to tax recreational marijuana sold in the city. City councilors voted 5-1 Monday night to add to the Nov. 8 ballot a 3 percent recreational marijuana sales tax proposition, Cottage Grove Mayor Tom Munroe said. "It's definitely going to be...
  19. C

    Colorado Raised More Tax Revenue From Marijuana Than From Alcohol

    It clocked in at $70 million last fiscal year alone. Legal recreational marijuana is a boon for tax revenues in Colorado, according to new figures from the state’s Department of Revenue, outpacing revenue from alcohol taxes in the fiscal year ending on June 30. Colorado collected almost $70...
  20. C

    Montini: The $113 Million Reasons We Will Legalize Marijuana

    It's difficult for people to accept change. I get that. It's difficult for me. But decades of prohibition and billions of dollars spent on useless incarceration are enough. Sooner or later we must quit wasting money prosecuting marijuana users and start taxing them. Sooner, hopefully. Like...
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