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    Legalizing Marijuana in New Jersey Would Boost Tax Revenues by $300 Million

    That 'conservative' estimate is based on a 25 percent tax on pot sales to adults, advocates say. Legalizing and regulating marijuana for adults in New Jersey would generate a minimum of $300 million in new tax revenues annually, according to a report by advocates that will be released Tuesday...
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    CA: Legislature To Vote On Medical Marijuana Tax Bills April 18

    California legislative committees are considering two different bills by North Coast legislators to tax commercial medical marijuana. - SB 987 by Sen. McGuire (Healdsburg) would impose a 15% excise tax on retail purchases of medical marijuana, above and beyond the current 7.5+% sales tax plus...
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    Canada: Why Medical Marijuana Should Be Exempt From Sales Tax

    While Canada engages in complex dialogue about how best to regulate the sale of cannabis for adult use, tens of thousands of Canadians are currently authorized to use cannabis to treat a variety of symptoms and medical conditions. They have obtained this authorization from a physician or nurse...
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    How The Medical Marijuana Industry Could Help L.A.'s Homeless Population

    The population has increased by 12% in two years. Los Angeles is considering different funding sources to reduce the city's rate of homelessness. Last month city officials approved a $2 billion housing project–to be completed over the next ten years–that would provide residents with...
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    L.A. Could Tax Medical Marijuana To Fund Housing For The Homeless

    Los Angeles is considering nine different fundraising ideas to enable the city to build more housing for the homeless, including one that would put a 15% tax on the sale of medical marijuana. Los Angeles recently came up with a plan to help end homelessness in L.A. by building more supportive...
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    Oregon Collects $3.48 Million From First Month Of Taxed Recreational Marijuana

    Oregon collected $3.48 million in taxes from recreational marijuana sales in January, far outpacing estimates and offering the first look at how much pot is moving through the state's newly regulated retail market. The answer: a lot. Oregon dispensaries sold at least $14 million worth of...
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    Massachusetts State Lawmakers Draw Battle Lines Over Marijuana Legalization

    A scathing Senate report to be released Tuesday says that if residents legalize recreational marijuana in Massachusetts this fall, the state should promptly temper their vote by outlawing home cultivation, imposing a significant tax on the drug, and prohibiting some marijuana-infused edible...
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    Canada's Licensed Growers Want Sales Tax Taken Off Medical Marijuana

    Canada's licensed pot producers are pushing Ottawa to exempt patients from paying any sales tax on their products, which would give medical marijuana the same tax status as prescription drugs. The Canadian Medical Cannabis Council, a trade group representing three commercial producers, argues...
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    Rhode Island Medical marijuana Tax Opponents Rally At State House

    Opponents of Governor Gina Raimondo's proposed tax on medical marijuana gathered outside the State House Tuesday evening to raise awareness about what some have called "an absolutely cruel proposal" to tax medical marijuana. There is no other proposal like it anywhere in the country, and...
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    California Marijuana Advocates Oppose Pot Tax Increase

    A proposed 15 percent tax on medical marijuana sales would push the government's take on retail pot in Los Angeles to more than one-fourth of the advertised price. The city's take is already 5 percent, and the state levies normal sales taxes (about 7.5 percent) on weed sales, so your $200...
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    Rhode Island Patients Oppose Proposed Tax On Medical Marijuana Plants

    Medical marijuana patients are speaking out against a proposed tax on marijuana plants. Patients say they're concerned the marijuana will become unaffordable. The Rhode Island Patient Advocacy Coalition and the ACLU of Rhode Island are asking Gov. Gina Raimondo to drop a proposed tax on...
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    California Senator Proposes 15 Percent Medical Marijuana Sales Tax

    With the potential for hundreds of millions of dollars in new revenue on the table, California lawmakers are pursuing a 15 percent medical marijuana sales tax. Sen. Mike McGuire, D-Healdsburg, on Wednesday introduced legislation to set a statewide assessment; local jurisdictions would still...
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    Colorado's Marijuana Industry Likely Hit 2 Very Big Numbers In 2015

    When it comes to hot-button issues, there's perhaps none bigger than marijuana. The case for legalization Viewed just two decades prior as a drug with minimal public appeal, marijuana is now viewed favorably by respondents (albeit by a slim margin) in pretty much all national polls. When...
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    Washington: BG Will Limit Marijuana Retail Stores To One

    During a Jan. 4 Battle Ground City Council meeting, council members voted unanimously to limit the number of marijuana retail stores in the city to one. Since October 2015, a moratorium has been in place on the issuance of business licenses and building permit applications for cannabis retail...
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    LA Addressing Medical Marijuana Mixed Message On Tax Collection

    The city will stop issuing new business tax certificates to medical marijuana dispensaries under an ordinance approved today by the Los Angeles City Council. Despite the 2013 voter approval of Proposition D, which banned most medical marijuana businesses in Los Angeles, city finance officials...
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    ON: Marijuana Tax Revenue Paying For Sidewalks, Schools In Colorado. Why Not Here?

    The gym rats who join the still-under-construction recreation centre in central Denver, Colo., will owe their workouts to weed smokers. In Pueblo County, south of Denver, students will soon be able to walk to school on a sidewalk paid for by marijuana tax revenue, or apply to the world's first...
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    Could A Pot Tax Help Toronto's Bottom Line?

    The gym rats who join the still-under-construction recreation centre in central Denver, Colo., will owe their workouts to weed smokers. In Pueblo County, south of Denver, students will soon be able to walk to school on a sidewalk paid for by marijuana tax revenue, or apply to the world's...
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    Here Are The 4 Measures Competing To Legalize Marijuana In California

    In the November election, voters will likely be asked whether Californians age 21 and up should be allowed to legally smoke marijuana. It's been legal for only prescribed medical patients for about twenty years in the state. If voters say yes, the state attorney general's office estimates...
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    Sales Tax Not Stopping Oregon Pot Shoppers

    Oregon's recreational marijuana consumers, at least those who opt to shop in dispensaries, seem to be taking a new state sales tax in stride, many dispensary owners say. On Jan. 1, after a three-month tax holiday, Oregon imposed a 25 percent sales tax on recreational marijuana sales. The tax...
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    Marijuana Tax Will Go Before Anchorage Voters

    Anchorage voters will get the chance to decide whether or not to tax cannabis in the months ahead. Both law-makers and industry advocates support the proposed tax, but disagreements over regulation continue to grow. Discussion of a proposed plan to tax retail sales of cannabis products...
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