tax

Bend, Ore. - The city of Bend expects to receive $500,000 a year in revenue from the 3 percent marijuana sales tax voters passed in November. That's higher than the $345,000 the city estimated last year. This good news is coming at a time when overall city revenue was not as high this year as...

The second full month of marijuana tax revenue has entered the state treasury. In December, 13 marijuana cultivators paid $145,800 to the Alaska Department of Revenue's Tax Division, revenue audit supervisor Kelly Mazzei wrote Tuesday. Under Alaska law, growers pay the state's tax. Bud is...

News-Miner opinion: It's something of a rarity in Alaska lately for government to find itself with more revenue than expected. But in a roundup of 2016 marijuana retail taxes released this week by the city of Fairbanks, revenue from the the sale of the drug is substantial higher than municipal...

Olypmia – It's a question that Republican senators have asked during state budget battles from time to time: Why can't Washington, flush with marijuana tax revenue far outpacing old projections, use that money to help solve the state's school-funding crisis? Well, it can. To a small extent it...

Cannabis consumers could be paying more Colorado marijuana tax come July 1. As with any proposed tax increase, the prospect has been met with some concern amid the news that one of the state's pot taxes would increase 50 percent. At issue is a proposal floated this week by Colorado Gov. John...

Craig – Craig City Council will take a final vote Tuesday on proposed ordinances that would put retail marijuana on the ballot for the city's April election. The ordinances cleared a first reading at City Council's Jan. 10 meeting by a 3-2 vote. Councilman Kent Nielson – who is also acting as...

Until a pending Front Range court battle is resolved, Pueblo County has been forced to put on hold $1.5 million in marijuana tax-funded projects, but that doesn't mean all marijuana tax-related projects are in limbo. County officials said Friday that several other projects are moving forward...

Recreational marijuana sales in Oregon produced $60.2 million in state tax -revenue in 2016, the first year of state-taxed pot sales. For much of the year, -marijuana sellers collected a 25 percent sales tax. To produce the $60.2 million in tax revenue reported by the state Department of...

New York's medical-marijuana program isn't producing the high tax revenues that officials anticipated. Gov. Cuomo's administration initially projected $4 million in annual revenues based on a 7 percent excise tax on sales of medical pot, which began in January 2016. But revised estimates...

In the weeks and months ahead, county and local officials will be taking steps to implement medical and recreational marijuana regulations, including cannabis farming. The local farmers I've talked to think the time is ripe. In the last 16 months, the state has enacted two laws that create...

The state is expecting to receive only $1 million in revenue from the medical marijuana excise tax this year, far less than what the Cuomo administration believed would come in when it proposed its budget one year ago. At the time, the administration budgeted $4 million in revenue, which...

The arrival of 2017 will bring many changes to the country, including falling marijuana prices in states that have legalized a recreational market. Cannabis users may cheer this news, but it heralds the start of an enduring budgetary headache for states that tax legal marijuana sales based...

Concerns have been raised that a proposal by Gov. John Hickenlooper to raise marijuana taxes would divert sales to the illegal market. It's an interesting theory, considering the governor's office has made curbing so-called "gray" and "black" market sales a priority. But former state Sen. Pat...

Gov. Brian Sandoval is proposing a 10 percent excise tax on retail marijuana sales once the recreational industry gets moving in Nevada. Sandoval made the announcement during his State of the State address on Tuesday in Carson City. The proposed tax would raise $69 million, which would...

Shortly after his election, Gov. Phil Scott listed three specific things that legislators must address when considering cannabis legalization, if they want to avoid his veto pen. "I hope they hear me loud and clear," he warned, that road safety, THC-infused "edibles," and taxes are the three...

State legislators and cannabis cultivators alike are calling for legislative changes to California's recently passed recreational marijuana legalization measure Proposition 64. Some bills have already been introduced, which seek to close loopholes in the new laws, such as the allowance of...

Albuquerque, N.M. — Some Republicans and Democrats think taxing marijuana could help solve the state's money problems. Republican Representative Bill Rehm of Albuquerque filed the "Marijuana Tax Act" bill Thursday. He's proposing a $25 tax for each ounce of marijuana distributed. That tax...

Rhode Island State Senator Joshua Miller and State Representative Scott Slater will be introducing legislation to regulate and tax marijuana in the General Assembly this year. The legislation is similar to that approved by Massachusetts voter in November. Speaking at a press conference...

Guam - Just how much money would legalizing the use of cannabis actually bring to Guam? While other states have experienced positive returns, Guam's potential revenues are still unknow due to the lack of a financial impact study. Just how much money could Guam bring in by taxing legalized...

The Kodiak Island Borough Assembly is mulling over recommendations from the Borough Marijuana Task Force about what marijuana cultivation and business should look like on the island. At a special work session Thursday night, Borough Manager Michael Powers said staff was seeking guidance on...