tax

Nevada stands alone in its unprecedented rush to sell recreational marijuana. This wild ride to "Early Start" has already resulted in national embarrassment with a self-created "pot emergency" being declared on July 6, just five days into sales. The July 1 "Early Start" date was unilaterally...

Carson City District Judge James Todd Russell on Thursday denied a preliminary injunction sought by liquor distributors to stop the Nevada Tax Department from letting marijuana licensees get into the business of transporting pot from growers to retailers. Russell said liquor wholesalers have...

Industry experts and city officials on Monday laid out new ways Denver could tax marijuana customers and companies as part of the ongoing search for rates that are high enough to bring in major money but low enough not to push people into the black market. Possible options included raising...

Medical marijuana supporters in Utah received a go-ahead from state election officials Thursday to start gathering signatures needed to qualify the measure for the November 2018 ballot. Utah Patients Coalition officials said they will begin collecting signatures next week – with a stated goal...

There's a new group in town that's serious about bringing retail pot shops to Colorado Springs. Citizens for Safer Neighborhoods describes itself as "a group of dedicated Colorado Springs business professionals committed to enhancing safety and the economic vitality of Colorado Springs through...

Recreational marijuana would be taxed at 20 percent, with 5 percent of that paid to communities that host growing or retail facilities, under a plan proposed Tuesday by a committee drawing up regulations for the new industry. Lawmakers proposed a 10 percent wholesale tax, or excise tax, and a...

As the legalization of recreational marijuana sales in Maine nears, a legislative panel has spent months pondering the best way to tax pot to bring in state revenue, fund regulatory enforcement and discourage the illicit market. In November, legalization of recreational marijuana was...

As the legalization of recreational marijuana sales in Maine nears, a legislative panel has spent months pondering the best way to tax pot to bring in state revenue, fund regulatory enforcement and discourage the illicit market. In November, legalization of recreational marijuana was...

The Legislature sent its rewrite of the voter-approved legal marijuana bill, with a higher tax rate and less power for voters, to the governor on Thursday, 255 days after about 1.8 million voters put the law on the books. House and Senate negotiators had planned to get a bill to Gov. Charlie...

These days, cannabis is Colorado's cash crop. (Ciao, corn!) In the three-and-a-half years since the state began allowing adults to purchase marijuana for recreational use, cannabis has contributed more than half a billion dollars in tax revenue to both state and local coffers. That's...

After months of indecision, lawmakers have finally agreed on how to tax recreational marijuana. It's not the 12 percent tax voters approved last November. But some residents think it could be enough to stop the black market in marijuana. Lawmakers on Monday reached an agreement on...

The State's Marijuana Conference Committee wants to nearly double the taxes on recreational marijuana to 20 percent, a compromise between lawmakers who want to honor the rate specified in the ballot question of 12 percent, and those who want a substantial increase. The report by the...

More than two weeks after blowing their self-imposed deadline to create a marijuana bill, state representatives and senators reached a compromise that would tax pot by as much as 20 percent. A committee of three state reps and three state senators had been working to merge House and Senate...

Sales of recreational marijuana have blown past expectations in Nevada, threatening to leave some dispensaries with empty shelves. After Gov. Brian Sandoval endorsed a statement of emergency in the first week of legal sales, regulators are looking to bolster the supply chain. The Nevada Tax...

Dispensaries in Nevada are facing a pot shortage and lost sales could result in less funding for the state’s schoolchildren. Recreational pot is taxed at 33% to 38%, depending on local regulations. A 10% sales tax goes to the Nevada's rainy day fund, but a 15% cultivation tax on cannabis sales...

Are Nevada officials actually trying to preserve the state's marijuana black market? In the first four days that Nevada residents could legally purchase marijuana for recreational uses, state retailers made $3 million in sales—and lined the state government's coffers to the tune of a cool...

I just finished visiting a couple of the 420 magazine site cannabis seed sponsors. I won't mention names so as not to embarrass anyone. But $32.37 for a single Pineapple Chunk seed? They are in the UK and are charging $5.40 tax. TAX and I'm in the US. So I'm already up to $37.77 and didn't...

When legislators estimated that as much as $100 million in state tax revenue could be generated in the first two years of Nevada's recreational marijuana industry, they couldn't have seen this coming. Through the first four days of legalization, starting July 1, the new industry made $3...

Alaska's marijuana industry has brought in more than $1 million in tax revenue since commercial sales began in October. Revenue passed the mark on June 30, which was the due date for Alaska cannabis growers to pay taxes collected in May, The Juneau Empire reported. The state's May money...

A regulated market in cannabis would net $70 million in new tax revenue, independent analysis carried out for Stuff reveals. The New Zealand Institute of Economic Research modeling shows a 25 per cent excise tax on legal marijuana would raise $40m, on top of an extra $30m from GST. The...