Marijuana Growers and Businesses Save Thousands on Colorado One-Day Tax Holiday September 17, 2015 AggregatedNews Colorado, Policy & Legal 0 Comments Marijuana cultivation operations throughout Colorado saved tens of thousands of dollars Wednesday as they seized a tax holiday that freed them of duties charged when pot is moved from a cultivation center to a shop. "My space will all be… Read More→
Want to Email Market Effectively? You Have To Stop Being Spammer September 14, 2015 Alexa Divett Marketing 1 Comment Spam and bulk emailing have become a real problem for the Cannabis Industry. Not a day goes by where I don’t receive an unsolicited email from a cannabusiness owner or employee looking to sell me something or provide me with… Read More→
Colorado Gears Up For One-Day Tax Break on Recreational Marijuana September 10, 2015 AggregatedNews Colorado, Policy & Legal 0 Comments Colorado’s unusual tax law is forcing the state to suspend taxes on recreational marijuana for one day. The sales-tax break on Sept. 16 will shave $20 off the price of a mid-grade ounce of pot in the Denver area, where… Read More→
Colorado’s Advice: Don’t Legalize Marijuana For the Tax Revenue September 7, 2015 AggregatedNews News & Insights 0 Comments Colorado has brought in more than $150 million in marijuana tax revenue, according to official state data. That doesn't make it a budgetary panacea, warn lawmakers. "The big lesson we tell other states is you probably shouldn't legalize marijuana if… Read More→
First Adult-Use Marijuana States Have Collected More Than $200 Million in Taxes August 27, 2015 AggregatedNews News & Insights 0 Comments The first two states to legalize recreational marijuana have collectively raked in at least $200 million in marijuana tax revenue, according to the latest tax data -- and they're putting those dollars to good use. In Colorado, after about a… Read More→
Oregon Retailers Get Ready For Sticker-Shock From Marijuana Buyers July 27, 2015 John Hollon News & Insights, Retail 0 Comments For $15 to $20, Washington residents can pick up a gram of OG Silver Haze or Blackberry Kush at the New Vansterdam store in Vancouver. A year after legalization, retail marijuana prices are relatively stable. But it took awhile to… Read More→
Washington State Resets Marijuana Tax at 37 Percent July 2, 2015 AggregatedNews Policy & Legal, Washington 0 Comments OLYMPIA, Wash. — Washington state’s recreational marijuana law has a new tax structure under a measure signed into law Tuesday by Gov. Jay Inslee. The new law eliminates the current three-tier tax structure and replaces it with a single excise… Read More→
Anti-Sales Tax Oregon Close to Approving Marijuana Sales Tax June 26, 2015 AggregatedNews Oregon, Policy & Legal 0 Comments The idea of a sales tax has long been regarded as the third rail of Oregon politics. But the state House on Thursday approved a sales tax for the state's soon-to-be-legal product of recreational marijuana on a 44-14 vote. "I'm… Read More→
Oregon Close to Adult Use Cannabis Tax, But It Won’t Kick in For 6 Months June 24, 2015 AggregatedNews Oregon, Policy & Legal 0 Comments SALEM -- A key legislative committee on Tuesday approved a bill that would establish a sales tax on recreational marijuana sales in Oregon -- but that could also give bargain shoppers some tax-free pot buying opportunities in the coming months.… Read More→
The State of Illinois Has a Big Issue When It Comes to Marijuana Cash June 22, 2015 AggregatedNews Banking, Finance & Real Estate, Illinois 0 Comments CHICAGO — The state of Illinois is having trouble finding a bank or financial services company to process the large amounts of cash it anticipates receiving for taxes and fees from the new medical marijuana industry. The state treasurer’s office… Read More→
Oregon Legislature’s Big Marijuana Deal: It Means State Control and a 20% Tax June 9, 2015 AggregatedNews Oregon, Policy & Legal 0 Comments Legislative negotiators have tentatively agreed on a sweeping marijuana deal that could produce a 20 percent sales tax on recreational sales of pot. Under the deal -- which is still subject to change -- the state could collect a 17… Read More→
Colorado Dispensaries May Discount Cannabis on Sept. 16 Tax Holiday June 8, 2015 AggregatedNews News & Insights, Retail 0 Comments You’ve already read the news that Colorado will repeal sales taxes on marijuana for one day only — on Sept. 16 — because of a quirk in the state’s constitution. But what does that mean for the customer? Will they save… Read More→
Colorado Will Ask Voters to Let State Keep Marijuana Tax Money June 5, 2015 John Hollon Colorado, Policy & Legal 0 Comments DENVER - Colorado voters will be asked in November whether the state can retain an estimated $58 million in recreational marijuana taxes that have been collected this fiscal year. Gov. John Hickenlooper signed a bill Thursday morning that puts the… Read More→
Colorado Will Repeal All Marijuana Taxes For a Single Day – on Sept. 16 June 4, 2015 John Hollon News & Insights 0 Comments Colorado will repeal all taxes on marijuana Sept. 16, thanks to a quirk in the state's constitution. The one-time-only holiday from the 10 percent state sales tax on recreational pot is likely to generate buzz in the first state in… Read More→
Seattle Times: Washington Should Expect the Unexpected When It Comes to Marijuana Taxes June 2, 2015 John Hollon Policy & Legal, Washington 0 Comments DON’T envy Steve Lerch. He is the state official tasked with estimating how much tax revenue Washington’s grand experiment with legal marijuana will yield. As Lerch says, decades of sales- and property-tax data inform his predictive algorithms, but when it… Read More→