Taxes

A recent budget amendment in Washington state aims to give police departments cannabis tax dollars to help combat drug addiction in homeless communities.

The proposal could result in reduced tax rates for low-THC and/or hemp-derived products.

A bill allowing state-licensed medical cannabis companies to access banking services in West Virginia has passed both the state House and Senate and now awaits the governor’s signature.

California’s tax revenue numbers have been released from the first full year of legalization, and are far lower than originally predicted.

A new bill hopes to restructure the California tax code to allow medical cannabis that meets certain requirements to be donated to patients tax-free.

Lawmakers have introduced Assembly Bill 286 in an effort to reduce taxes and decrease the cost of legal cannabis products.

Ultra Health, the largest cannabis producer in New Mexico, is suing the state to recover sales taxes that it claims are against New Mexico medical laws.

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Some analysts speculate that a majority of cannabis purchases in California still occur in the illicit market.

The cannabis industry lobbying organization is bringing more lobbyists onboard to pressure for passage of the STATES Act this session.

Five years after the birth of Colorado’s legal cannabis marketplace, the first statewide legalization “experiment” is a proven success and the dire warnings from prohibitionists have still failed to come to fruition.