Ohio has begun distributing cannabis-derived tax revenue to local governments that host dispensaries, as required by state law, according to WCMH. The announcement comes following the revelation last March that the state was withholding nearly $11 million in cannabis tax revenue earmarked for local governments that had opted to allow cannabis businesses. Officials started releasing […]
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.