During the city’s recent midterm elections, voters in Los Angeles approved Measure CB, which would require unlicensed cannabis dispensaries within city limits to pay the taxes required of the city’s licensed retailers, NBC Los Angeles reports. Currently, only licensed dispensaries have to pay the city’s 10% cannabis business tax. Voters approved Measure CB with 72% […]
With legalization, federal, state and local governments have seen how much revenue marijuana taxes can bring in. Taxation of cannabis businesses is highly lucrative and as the market continues to grow many tax laws are changing to adapt to this increase. Below are articles and insights regarding marijuana taxes.